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Expert Analysis

Administrative Disaster At Bankruptcy Courts May Be In Sight

If, as a result of voluntary resignations or terminations, the professional staff of the U.S. Trustee's Office is ... (more story)

An Unrestrained, Bright-Eyed View Of Legal AI's Future

Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could ... (more story)

Tracking The Evolution In Litigation Finance

Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly... (more story)

Large Cap More

Justices Won't Hear Mall Of America's Sears Lease Dispute

The U.S. Supreme Court on Monday declined to hear a case filed by the owner of Minnesota's Mall of America against Sears Holding Corp. over a transfer of a 100-year lease for an anchor store location, leaving ... (more story)

Gamestop CEO Can't Stop Bed Bath & Beyond Trading Suit

A Manhattan federal judge trimmed a $47 million lawsuit from the bankrupt retailer once known as Bed Bath & Beyond accusing GameStop's CEO of insider trading before the housewares giant went belly-up, but says... (more story)

Eletson's New Owners Look To Oust Reed Smith From Cases

Reorganized Greek oil shipping group Eletson Holdings Inc. has told a New York bankruptcy judge that Reed Smith LLP should stop representing the company and its former owners in litigation and appeals or face sanctions.

Skadden Atty Joins Milbank's Financial Restructuring Group

Milbank LLP has added a longtime Skadden counsel as a partner in its financial restructuring group in the New York office, as part of the firm's ongoing global expansion of its restructuring practice.

Zips Car Wash Gets OK For $279M Debt-Swap Ch. 11 Plan

A Texas bankruptcy judge on Friday approved Zips Car Wash's $279 million debt-swap reorganization, overriding the U.S. Trustee's office's arguments against the plan's claims releases for third parties.

K&L Gates Bungled Crypto Co.'s Bankruptcy Claim, Suit Says

Gryphon Digital Mining has sued its former counsel K&L Gates LLP, claiming it dropped the ball on a bankruptcy filing that cost the company millions of dollars and complicated another legal case, all while all... (more story)

Mitel Networks Gets Ch. 11 Plan Confirmed In Texas

A Texas bankruptcy judge on Thursday approved telecommunications group Mitel Networks' disclosures regarding its prepackaged Chapter 11 plan and confirmed the company's reorganization proposal, overruling an o... (more story)

Exela Gets OK For $5M Financing While In DIP Talks

A Texas bankruptcy judge gave Excela Technologies the go-ahead for a $5 million transaction as a stopgap while the payment processing company works to resolve objections to the final order for its proposed $18... (more story)

Forever 21's Paul Weiss Hire Approved In Ch. 11 Case

Clothing retailer Forever 21 reached an agreement with the U.S. Trustee late Wednesday that will allow the company to retain law firm Paul Weiss Rifkind Wharton & Garrison LLP as special counsel related to ass... (more story)

FTX Can Serve Binance Execs Via Email In $1.76B Suit

A Delaware bankruptcy judge has allowed the FTX Recovery Trust to serve a $1.76 billion clawback suit against Binance via alternative means, saying the trust may serve the suit on two ex-Binance executives by ... (more story)

Mid Cap More

GenapSys Fights Paul Hastings Bid To Ax Malpractice Suit

GenapSys Inc. is pushing back on Paul Hastings LLP's motion for summary judgment in the legal malpractice suit the gene sequencing company filed, contending it was not required to disclose the legal malpractic... (more story)

Wood Insulation Co. Gets OK For Vote On Equity Swap Plan

A Delaware bankruptcy judge on Monday sent GO Lab Inc.'s equity swap Chapter 11 plan to creditors for a vote after the wood fiber insulation maker said it had resolved all objections to the plan disclosure statement.

Solar Co. Oya Gets OK On Ch. 11 Liquidation After Asset Sales

A Delaware bankruptcy judge on Monday confirmed solar energy producer Oya Renewables' bid to liquidate through Chapter 11 under a plan supported by creditors, months after the company sold most of its assets for $39 million.

Heritage Coal Challenges Ex-Owner's Liens In Ch. 11 Offshoot

Bankrupt coal producer Heritage Coal & Natural Resources LLC has asked a Delaware bankruptcy judge to reject the asserted liens of the company's former owner and general manager, saying the debtor's equipment ... (more story)

Biotech Execs Seek Ch. 15 Pause Pending Trustee Removal

Executives with BIA Separations, the U.S. subsidiary of an Austrian biotechnology company, have asked a Delaware bankruptcy judge to delay granting the foreign company Chapter 15 recognition until efforts to r... (more story)

Fracking Co. Nitro Can Sell Assets For $10M In Ch. 11

A Texas bankruptcy court on Thursday granted fracking services provider Nitro Fluids' motion to sell some of its assets to a stalking horse bidder for almost $10 million.

'Matrix' Producer Lands New, $52.5M Higher Stalking Horse

Movie production and finance company Village Roadshow Entertainment Group asked a Delaware bankruptcy judge to approve a new stalking horse in its Chapter 11, saying the $417.5 million bid for its library tops... (more story)

Debt Firm's Successor, Ch. 11 Trustee End Latest Pay Dispute

A law firm that bought thousands of client files left over from the collapse of bankrupt California-based debt relief business Litigation Practice Group PC has agreed to pay nearly $1 million to the bankruptcy... (more story)

Coach USA Insurer Seeks Coverage Clarification In Ch. 7 Case

An insurer for bus operator Coach USA Inc. asked a Delaware bankruptcy court to find that it does not owe commercial auto liability coverage for certain claims arising out of Coach's operations that are insure... (more story)

Dorsey & Whitney Adds DOJ Bankruptcy Ace In Del., NY

Dorsey & Whitney LLP has fortified its bankruptcy and financial restructuring group in Delaware and New York with an attorney who came aboard from the U.S. Department of Justice.