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Expert Analysis

Firms Must Embrace Alternative Billing Models Or Fall Behind

As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market... (more story)

How Attorneys Can Master The Art Of On-Camera Presence

As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skill... (more story)

Baseball Fantasy Camp Makes Me A Better Lawyer

With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong care... (more story)

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Hooters Hits Ch. 11 With Plans For Restaurant Sales

Restaurant chain Hooters filed for Chapter 11 protection in a Texas bankruptcy court late Monday with about $380 million in debt, saying it has reached a deal to shed its company-owned restaurants and trade debt for equity.

J&J Talc Spinoff's Ch. 11 Case Gets Tossed, Erasing $9B Deal

A Texas bankruptcy judge rejected Johnson & Johnson's third attempt to use Chapter 11 to settle thousands of claims that its products caused cancer, dismissing J&J unit Red River Talc's Chapter 11 case on Mond... (more story)

FTX Seeks Alternative Service In $1.76B Binance Suit

The recovery trust created under the Chapter 11 plan of defunct cryptocurrency exchange FTX has asked the Delaware bankruptcy court for permission to serve people and entities related to Binance Holdings via a... (more story)

US Trustee Says Imerys Ch. 11 Releases Non-Consensual

The U.S. Trustee's Office is asking a Delaware bankruptcy judge to reject Imerys Talc America's Chapter 11 plan, saying the talc supplier wants to grant excessively broad claims releases to third parties witho... (more story)

Carlton Fields Faces DQ Bid In $500M Miss America Suit

Carlton Fields faces a disqualification bid for allegedly having a conflict of interest in a $500 million lawsuit regarding the ownership of the company that runs the Miss America pageant.

Retailer Conn's Gets OK To Pay $2M To B. Riley, Store Dealers

Furniture and appliance retailer Conn's Inc. received a Texas bankruptcy judge's approval Monday to pay a group of former W.S. Badcock dealers about $2 million to settle their potential claims in the Chapter 1... (more story)

Feds Seek 10 Years For Ex-Girardi CFO's 'Brazen' Crimes

Los Angeles federal prosecutors said Girardi Keese's former head of accounting should spend 10 years in prison after pleading guilty to assisting Tom Girardi in siphoning clients' settlement funds and what the... (more story)

Conn's Creditors Object To $4M Award For Lender

The committee of unsecured creditors of bankrupt retailer Conn's Inc. has urged a Texas bankruptcy judge to reject the company's bid to amend its debtor-in-possession financing to pay a lender $4 million to pr... (more story)

Purdue Lawsuit Injunction Extended Ahead Of Plan Hearings

Bankrupt drugmaker Purdue Pharma LP received a further extension of a bar on litigation against the company and its owners in the Sackler family as the debtor pursues a late May approval of a disclosure statem... (more story)

Ex-Director Of DOJ's Bankruptcy Watchdog Appeals Removal

The former director of the Department of Justice's U.S. Trustee Program, which oversees bankruptcy proceedings, has filed an appeal of her termination, saying it was without cause and violated her due process ... (more story)

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Royalty Committee Bid Shelved In Scanrock Oil Ch. 11

A Texas bankruptcy judge said Monday that a committee to represent mineral rights owners in Scanrock Oil & Gas Inc.'s Chapter 11 isn't currently needed but that he would revisit a request to form one at a later date.

Calif. Hotel Operator Gets Interim OK For Ch. 11 Financing

The owner and operator of a hotel in Southern California has received interim approval to finance its Chapter 11 case after it agreed to work with a creditor, who has accused the debtor of fraud, on a plan to ... (more story)

Costa Rica Dodges Bankrupt Telecom Co.'s $25M Claim

A bankrupt telecommunications company owner's $25 million arbitration against Costa Rica has been discontinued after the owner failed to show he could deposit and maintain a surety bond to secure the costs of ... (more story)

FTC Chair Flags Data Risks In 23andMe Bankruptcy

The Federal Trade Commission has added to the swell of privacy and security concerns surrounding the potential sale of sensitive consumer information swept up in the 23andMe bankruptcy, with the agency's Repub... (more story)

Calif. Pot Co. Seeks Receivership, Blames Merger 'Disaster'

A cannabis producer in California has moved to enter receivership in state court, disclosing more than $173 million in liabilities and saying a 2023 merger with its parent company proved to be a "financial disaster."

Aspiration Partners Hits Ch. 11 After Founder's Fraud Arrest

Sustainability-focused financial services company Aspiration Partners Inc. filed for Chapter 11 protection in Delaware, less than a month after founder Joseph Sanberg was arrested and hit with federal fraud charges.

Dolphin Visit Co. Files For Ch. 11 With Debt Over $100M

Ejecutivos de Turismo Sustentable SA de CV, a business related to park and dolphin habitat operator The Dolphin Company, filed for bankruptcy Monday in Delaware with 14 affiliates and cited over $100 million in debt.

Heritage Coal Files For Ch. 11, Alleging Ex-Owner Sabotage

Heritage Coal and its owner KTRV have both filed for Chapter 11 protection in Delaware, saying Heritage's owner prior to KTRV has asserted ownership over the debtors' assets and taken steps to sabotage and van... (more story)

TSI Ch. 7 Trustee Opposes Firm's Withdrawal From The Case

The Chapter 7 trustee for the Teams Systems International estate is opposing the withdrawal of law firm Cross & Simon from representing the defunct company and its principals in an adversary action alleging th... (more story)

Chinese Pool Parts Supplier Can't Undo False Ads Verdict

A Chinese pool parts supplier can't reverse a jury verdict for false advertising and deceptive business practices, a North Carolina federal judge has said, finding the company tried to bring new arguments that... (more story)