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Meet The Skadden Attorneys Behind True Value's Ch. 11
Hardware store supplier True Value Co., limping from the vicissitudes of the COVID-19 pandemic and an increasingly short leash from lenders, has hired lawyers from Skadden Arps Slate Meagher & Flom LLP to help see it through Chapter 11.
Behind The Ch. 11 Filing Of Digital Media Solutions
An increase in car crashes was among the factors that helped lead to the Chapter 11 filing of online advertising company Digital Media Solutions, one of the latest debtors to file for bankruptcy following a reversal of fortunes after the COVID-19 pandemic.
True Value Hammered By Economy, Lenders' Tight Screws
The pull-forward effect of the COVID-19 pandemic claimed another victim when hardware wholesaler True Value Company LLC filed for bankruptcy on Monday, succumbing to the lull in demand for new drills, drywall and drains now that Americans have finished the home improvement projects that consumed them in the early days of that time.
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A California state judge on Thursday trimmed a family's $1.8 million malpractice lawsuit against an attorney that represented it in recovering millions lost in Girardi Keese's embezzlement scandal, calling a b... (more story)
Colorado appellate judges appeared skeptical Thursday of Rudy Giuliani's bid to escape a defamation lawsuit by a former executive for Dominion Voting Systems, noting that they already found Giuliani's statemen... (more story)
The former head of engineering at FTX asked a Manhattan federal judge to spare him prison time in light of his cooperation with prosecutors and what he said was a relatively "limited" role in the crypto exchan... (more story)
A&O Shearman said Thursday that it has tapped a longtime partner to co-head the firm's compensation, employment, pensions and governance practice, bringing it under the joint leadership of alum from each of it... (more story)
Boy Scouts of America has filed a post-confirmation report in its Chapter 11 case, reporting it has incurred $295 million in professional fees in the third quarter ending Sept. 30.
A group of law professors have asked the Third Circuit to grant shipbuilder Bath Iron Works' request for a rehearing on its bid to reopen the Chapter 11 case of its former affiliate in order to allocate respon... (more story)
Hardware store supplier True Value Co. is "laser focused" on closing a $153 million sale, attorneys for the company Wednesday told a Delaware bankruptcy judge who agreed to approve a two-week deal the debtor s... (more story)
The parent company of Bally Sports-branded regional sports networks has asked a Texas bankruptcy judge for permission to change naming rights partners, revealing it has a short-term deal in which fantasy sport... (more story)
Light SA, parent to a major Brazilian electrical utility, has asked a Texas bankruptcy judge to grant U.S. recognition of its foreign insolvency proceedings, saying a Brazilian court had approved a restructuri... (more story)
A former U.S. bankruptcy judge is hoping to sink a subpoena from the U.S. Trustee's Office for his banking records in connection with its inquiry into his concealed romantic relationship with a former Jackson ... (more story)
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A Colorado-based truck rental business filed for Chapter 11 protection late Wednesday in Delaware, hoping to sell its assets as a going concern following a liquidity crunch.
A Delaware bankruptcy judge on Thursday said she would send dental laser maker Biolase to the auction block in a little over two weeks with a $14 million opening bid from a company embroiled in a patent disput... (more story)
New Jersey personal injury attorney law firm Michael J. Weiss Inc. has hit Chapter 11 with $697,397.86 in state tax liability, according to court filings.
A New York federal bankruptcy judge has confirmed the owner of a Manhattan condominium complex's revised Chapter 11 plan, signing off on the planned restructuring after initially sending it back for revisions ... (more story)
Disgraced ex-lawyer Rudy Giuliani told a New York federal court Wednesday that two Georgia poll workers cannot force a sale of his Florida condominium to help cover their $148 million defamation award against ... (more story)
A Florida federal jury ruled Wednesday that the Miami rap group 2 Live Crew is entitled to the copyrights on dozens of songs, finding the group made a valid claim under a law that allows them to claw back owne... (more story)
A former construction business' suit against the Internal Revenue Service seeking nearly $4 million in employee retention credit refunds was dismissed by a Florida federal judge Wednesday after the company and... (more story)
Key Bank NA should be held in contempt of court because four insurance checks totaling $1.3 million seem to have vanished from a troubled housing co-op's accounts, and the bank is preventing a receiver in char... (more story)
A Delaware bankruptcy judge on Wednesday gave Williams Industrial Services Group the go-ahead to send its Chapter 11 liquidation plan out for a creditor vote before a December hearing on approval of the plan.
Jenner & Block LLP announced Wednesday an expansion of its bankruptcy and restructuring practice in New York and Chicago with the addition of two partners from Mayer Brown LLP, including a former co-leader of ... (more story)