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Expert Analysis

Law Firms Should Move From Reactive To Proactive Marketing

Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, ... (more story)

Bankruptcy Courts May Be Budding Open To Cannabis Cases

Two recent California bankruptcy court rulings, denying motions to dismiss the respective debtors' bankruptcies, p... (more story)

Chapter 11 Ruling Signals Emphasis On Lockup Provisions

A New York bankruptcy court's recent ruling in GOL Linhas Aéreas Inteligentes’ Chapter 11 case provides creditors ... (more story)

Large Cap More

Pennsylvania Hospital Gets 1 Week Reprieve In Steward Ch. 11

A Texas bankruptcy judge on Thursday approved an order setting general closing procedures for bankrupt hospital operator Steward Health Care, but gave Pennsylvania authorities a week's reprieve as they try to ... (more story)

Jones Walker Adds Kelley Drye Bankruptcy Ace In Houston

Jones Walker LLP announced Thursday that it has bulked up its bankruptcy and restructuring team and its litigation practice group with a partner in Houston who came aboard from Kelley Drye & Warren LLP.

Tom Girardi Takes The Stand In His Criminal Fraud Trial

Disbarred attorney Tom Girardi took the stand Thursday in his California federal fraud trial and denied stealing from any of his clients, while also showing a strong grasp of past events and people but claimin... (more story)

Peterson Health Creditors Blast Exec Bonus Motion

Petersen Health Care creditors have asked a Delaware bankruptcy judge to reject the company's request to pay up to $1.3 million in bonuses to executives and other employees, saying it is too close to the end o... (more story)

Crypto Lobbyist Hit With FTX Campaign Finance Charges

Manhattan federal prosecutors announced Thursday that Michelle Bond, a crypto industry lobbyist and the girlfriend of convicted former FTX executive Ryan Salame, has been charged with getting the now-defunct d... (more story)

Chinese Developer Seeks US Recognition For $7.4B Reorg

A Chinese real estate developer is asking a New York bankruptcy judge for U.S. recognition for its efforts to restructure more than $7.4 billion in overseas debt held in Hong Kong and the Cayman Islands.

FTX's Salame Says Feds Broke Deal Not To Probe Girlfriend

Former FTX executive Ryan Salame urged a New York federal judge Wednesday to either vacate his May conviction or stop federal prosecutors from investigating his domestic partner Michelle Bond for related polit... (more story)

Girardi Faked Dementia Symptoms, Neurologist Testifies

A neurologist with Vanderbilt University testified Wednesday in Tom Girardi's criminal fraud trial in California federal court that the disbarred attorney was likely exaggerating his cognitive problems in late... (more story)

Student Loan Trusts Rip 'Aggressive' CFPB In High Court Bid

Fifteen Delaware student loan trusts have petitioned the U.S. Supreme Court to rescue them from a long-running Consumer Financial Protection Bureau enforcement lawsuit, asking to appeal a Third Circuit decisio... (more story)

Ex-LNG Contractor Seeks Share Of Funds, Insurance In Ch. 11

Zachry Holdings Inc., the former contractor for a Texas natural gas plant, asked a bankruptcy judge in the state to decide it is due a bit under $2 million from an account shared with its onetime partners and ... (more story)

Mid Cap More

Texas Court Backs Nate Paul's Co. In Real Estate Receiver Row

A Texas state appeals court on Thursday reversed a decision allowing a receiver to settle a lawsuit on behalf of a company owned by real estate investor Nate Paul, relying largely on a dispute from an El Paso ... (more story)

Delta Apparel, Creditors Get More Time To Work Out DIP Row

A Delaware bankruptcy judge on Thursday tabled a decision on final approval of Delta Apparel's bankruptcy financing to give the clothing maker and its creditors more time to sort out disagreements over how the... (more story)

Tender Greens, Tocaya Get OK For September Auction

A Delaware bankruptcy judge said Thursday he will approve procedures for bidding on the assets of a Los Angeles-based company that operates casual restaurant chain Tender Greens and Mexican eatery Tocaya.

Toolmaker Hardinge Cleared For Ch. 11 Auction In September

Hardinge, a producer of metal-cutting equipment, is set to hold a bankruptcy auction for the business in September, with a $100 million credit offer setting the floor, the debtor's attorneys said Thursday, tel... (more story)

Cole Schotz Looks To Ditch Hotel Debtor For Nonpayment

Cole Schotz PC asked a Delaware bankruptcy judge to give the firm clearance to drop the former operator of a California luxury hotel as a client over an alleged failure to pay its invoices.

Committee Says Delta Apparel DIP Loan Rips Off Creditors

Delta Apparel's official committee of unsecured creditors asked a Delaware bankruptcy court to deny the clothing manufacturer final approval for its debtor-in-possession loan, saying it is a lopsided deal that... (more story)

Eversheds Adds Another Kilpatrick Bankruptcy Atty In Atlanta

Eversheds Sutherland's growing U.S. finance practice group picked up another new addition Wednesday, an Atlanta counsel who was previously with Kilpatrick Townsend & Stockton LLP.

Judge Says Debtor Plan Will Get Hearing In Eletson Ch. 11

A New York bankruptcy judge Wednesday said he will give a hearing to all three Chapter 11 plans proposed for shipping company Eletson Holdings, rejecting arguments that the creditor voting results spell the en... (more story)

Girardi Jury Hears Of Ex-CFO's Alleged Bahama Hideout Plan

The former fiancee of ex-Girardi Keese executive Chris Kamon told a California federal jury in Tom Girardi's criminal trial Tuesday about a dramatic call she received from Kamon, during which he told her he wa... (more story)

Trustee Wins TRO Vs. Disbarred Lawyer's Former Partner

The bankruptcy trustee handling the estate of failed California debt relief law firm Litigation Practice Group has won temporary control over key properties of a businessman formerly involved in the firm, incl... (more story)