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Bankruptcy
Bankruptcy Law360 provides breaking news and analysis on bankruptcy law. Coverage includes corporate bankruptcies and out-of-court restructurings, as well as corporate distress and imminent bankruptcy and policy developments that affect bankruptcy law.
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Latest News in Bankruptcy
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September 11, 2024
Hertz Noteholders Entitled To $270M Interest, 3rd Circ. Rules
Unsecured noteholders from Hertz's bankruptcy are entitled to roughly $270 million in interest as a so-called make-whole payment, a Third Circuit panel decided in a split ruling overturning a bankruptcy court opinion that said it was disallowed under the Chapter 11 code.
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September 11, 2024
Star Witness In Bankman-Fried Trial Seeks No Prison Time
Former FTX insider Caroline Ellison urged a Manhattan federal judge not to sentence her to prison for her part in the crypto exchange's massive fraud scheme, citing her remorse and the "devastating" trial testimony she gave against onetime romantic partner and company founder Sam Bankman-Fried.
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September 11, 2024
TD Bank To Pay $28M Over Consumer Reporting Failings
The Consumer Financial Protection Bureau hit TD Bank with a $20 million fine on Wednesday for its failures over inaccurate consumer credit reports and ordered it to pay nearly $8 million to customers, four years after the regulator imposed a $122 million fine against the bank over illegal overdraft fees.
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September 11, 2024
BurgerFi Flips Into Ch. 11, Burned By Rising Costs
BurgerFi International Inc., the fast casual chain that also has Anthony's Coal Fired Pizza & Wings restaurants under its umbrella, filed for Chapter 11 protection in Delaware on Wednesday, listing up to $500 million in debt and being deluged by increasing operational costs.
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September 10, 2024
Tips For Handling Single Asset Real Estate Bankruptcy Cases
Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.
Areas of Coverage
- PROCEEDINGS
- Liquidations under Chapter 7
- Municipal bankruptcies under Chapter 9
- Reorganizations under Chapter 11
- Cross-border bankruptcies under Chapter 15
- Chapter 7 conversions
- Out-of-court debt restructurings
- U.S. trustee appointments
- Law firm and restructuring firm retentions
- Creditor committee formation
- Debtor-in-possession financing
- Disclosure statements
- Reorganization plans and plan confirmation
- Adversary proceedings
- Creditor disputes
- Clawback suits
- Fraudulent transfer actions
- Asset sales
- Bankruptcy appeals
- POLICY & REGULATION
- Federal and state regulation and legislation that affects bankruptcy procedure
- PROFILES
- Personnel moves
- Profiles of bankruptcy practices
Readership
- Bankruptcy lawyers at top law firms
- Corporate counsel and compliance officers at Fortune 1000 companies
- Executives and attorneys in the restructuring and hedge fund industries
- Information experts at law firms, agencies, and companies
- Policymakers at federal and state agencies
- Judges and court staff across the U.S.
- Professors, students, and library staff at every accredited law school in the U.S.
- Attorney and law firm marketing professionals