Expert Analysis

Bankruptcy Ruling Provides Guidance On 363 Asset Sales

HE v. Avadim Holdings, a recent ruling from the District of Delaware, underscores the principle that rejection of ... (more story)

7 Tips For Associates To Thrive In Hybrid Work Environments

As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few ... (more story)

Playing Beach Volleyball Makes Me A Better Lawyer

My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually... (more story)

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Spirit Airlines Judge Says Opt-Out Releases Well Explained

A New York bankruptcy judge explained his February decision to approve third-party releases in budget air carrier Spirit Airlines' Chapter 11 plan, saying an opt-out mechanism of the releases is enough to esta... (more story)

Russia Says Guinea Ruling Backs Dismissal In $5B Award Suit

A recent D.C. federal court decision supports the Russian Federation's bid to dismiss an arbitration enforcement action stemming from a tax dispute with Yukos Capital Ltd., Russia told the same court.

Prospect Medical Avoids Pa. Hospital Closures For Now

California-based hospital operator Prospect Medical Holdings Inc. agreed to delay its emergency motion to close three hospitals in Pennsylvania after it reached a two-week funding deal with the Foundation of Delaware County.

Mitel Networks Gets OK For $60M Ch. 11 Financing

A Texas bankruptcy judge Tuesday gave communications software company Mitel Networks preliminary permission to draw on $60 million in Chapter 11 financing as it heads for an April hearing on its prepackaged re... (more story)

Dykema Doubles Houston Roster With 7 New Atty Hires

Dykema Gossett PLLC has expanded in Houston with the addition of seven attorneys, five of whom joined from Kane Russell Coleman Logan PC and two who came aboard from Hirsch & Westheimer PC.

Warren Says Defense Nominee Has 'Clear Conflict Of Interest'

Democratic Sen. Elizabeth Warren called out deputy defense secretary nominee Stephen Feinberg on Sunday for a "clear conflict of interest" due to his ties to Ligado Networks, which is suing the federal governm... (more story)

Hearthside Can Keep 3rd-Party Releases In Ch. 11 Plan

A Texas bankruptcy judge Monday agreed to confirm a Chapter 11 plan for the bankrupt parent of snack maker Hearthside Food Solutions, overruling an objection from the U.S. Trustee's Office alleging the plan wo... (more story)

Feds Sue FDIC For $1.9M For First Republic Tax Bill

The U.S. government sued the Federal Deposit Insurance Corp. in D.C. federal court as receiver for the failed First Republic Bank, alleging the bank understated its withholding tax for U.S.-sourced income of f... (more story)

PierFerd Hires 2 Ex-CM Law Bankruptcy Partners

Manhattan-based Pierson Ferdinand LLP announced Monday the hiring of two former partners at CM Law PLLC for its bankruptcy, financial restructuring and reorganization practice.

Loeb & Loeb Adds 5-Atty Litigation Team From Kasowitz In NY

Loeb & Loeb LLP has expanded its litigation offerings in New York with the addition of five attorneys from Kasowitz Benson Torres LLP, including the leaders of the firm's software litigation and real estate li... (more story)

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Zachry Opposes Nebraska Utility's $38M Administrative Claim

Bankrupt natural gas contractor Zachry Holdings has objected to a Nebraska public electric utility's administrative claim seeking $38 million in damages for delays in the construction of new generating station... (more story)

Judge Questions Authority To Pay Giuliani's Ch. 11 Bill

A New York bankruptcy judge questioned Tuesday whether he could order former New York City Mayor Rudy Giuliani to sell off real estate to cover claims against his Chapter 11 estate, saying an order dismissing ... (more story)

Vt. Diocese Creditors Balk At Paying Accused Priests In Ch. 11

Unsecured creditors of the bankrupt Roman Catholic Diocese of Burlington on Tuesday objected to the debtor continuing to pay pension benefits to retired priests accused of abusing children, saying the diocese'... (more story)

Chester, Pa., Water Authority Seeks Stay Of Ch. 9 Docs Order

The Chester Water Authority has asked a Pennsylvania bankruptcy court for a stay pending appeal of an order to produce documents to the bankrupt City of Chester, which seeks to sell off the utility's assets, s... (more story)

BurgerFi Gets Ok For Ch. 11 Plan Over US Trustee Objections

A Delaware bankruptcy judge on Tuesday confirmed the disclosure statement and Chapter 11 reorganization plan for bankrupt restaurant operator BurgerFi International Inc., overruling objections from the Office ... (more story)

Fannie Mae Says Complex Filed Ch. 11 To Duck $73M Loan

Fannie Mae told a federal court Monday that a Houston apartment complex's Chapter 11 filing was a "tactic" to avoid its obligation to repay a $73 million loan.

Texas Construction Co. Gets Ch. 11 Trustee After Fraud Probe

A Texas bankruptcy judge on Tuesday signed off on a request to appoint a Chapter 11 trustee to take over the bankruptcy case of Timeline Construction Inc., after the U.S. Trustee's Office said the debtor's sol... (more story)

Container Store Judge To Issue Ruling On Opt-Out Dispute

A Texas bankruptcy judge said Tuesday he will issue a written opinion on whether the U.S. Trustee's Office can put The Container Store's Chapter 11 plan on hold to appeal the judge's decision that a creditor's... (more story)

White Forest Committee Calls Ch. 11 Loans Insider Deal

The official committee of unsecured creditors in the Chapter 11 case of coal producer White Forest Resources Inc. objected to the debtor's proposed bankruptcy financing package, saying it is an insider transac... (more story)

Insurer Says CarePoint's Ch. 11 Plan 'Fatally Flawed'

An insurer has asked a Delaware bankruptcy judge to reject CarePoint Health Systems' Chapter 11 plan, saying it is designed to unfairly benefit the debtor's landlord with liability releases.