Expert Analysis

No, Litigation Funders Are Not 'Fleeing' The District Of Del.

A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requirin... (more story)

5 E-Discovery Predictions For 2025 And Beyond

In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intell... (more story)

7 Ways 2nd Trump Administration May Affect Partner Hiring

President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partne... (more story)

Large Cap More

Amazon, FedEx, Anthem Blast Guo Ch. 11 Clawbacks

Amazon, Anthem and FedEx on Wednesday asked a Connecticut bankruptcy judge to toss millions in clawback claims against nearly 40 entities by Chinese exile Miles Guo's Chapter 11 trustee, saying during oral arg... (more story)

Madoff Feeder Fund Exec To Sell Home, Art In Trustee Deal

A co-founder of one of the earliest Bernie Madoff feeder funds and his wife have agreed to sell their Florida home and fine art collection, in addition to paying $550,000 to end a 14-year-old, $85 million claw... (more story)

Calif. Resort Developer Seeks City Funding For Ch. 11

A Delaware bankruptcy judge on Wednesday gave the owner of a California resort project another week to secure $11 million in municipal Chapter 11 financing, and similarly delayed a request by the U.S. Trustee'... (more story)

Judge OKs More Fees In Calif. Debt Relief Firm's Bankruptcy

A California bankruptcy judge has tentatively approved an additional $2.1 million in professional fees in the bankruptcy case of a troubled debt relief firm, despite the amount of professional fees already exc... (more story)

Crafts Retailer Joann Hits Ch. 11 Again With $616M In Debt

Fabrics and crafts retailer Joann Inc. filed for Chapter 11 protection in Delaware bankruptcy court Wednesday with $615.7 million in debt and a plan to sell its assets, the company's second Chapter 11 filing i... (more story)

Willkie Shouldn't Rep Franchise Group In Ch. 11, Says Trustee

The Office of the U.S. Trustee has objected to Willkie Farr & Gallagher LLP serving as co-counsel for debtor Franchise Group Inc. in its Chapter 11, saying the firm did prepetition work for Franchise's ex-CEO ... (more story)

Prospect Medical Beats Objection To $29M In Ch. 11 Funds

A Texas bankruptcy judge said Tuesday she would allow struggling hospital operator Prospect Medical Holdings Inc. to borrow part of a $100 million financing package that prompted an objection from the company'... (more story)

Resort Developer Asks To Wind Up Chinese Co. In Bahamas

The developer of the Baha Mar resort in the Bahamas filed a petition Tuesday to liquidate a Chinese-owned construction firm that was hit with a $1.6 billion judgment last year by a New York court over its frau... (more story)

Airline Workers' Attys Get $4.2M From ESOP Deal

A Delaware federal judge Tuesday awarded over $4.2 million in fees to class counsel in a suit over alleged mismanagement of the employee stock ownership plan at bankrupt cargo hauler Western Global Airlines th... (more story)

Sen. Warren To Grill Treasury Pick On Trump's Tax Agenda

Sen. Elizabeth Warren, D-Mass., plans to ask Treasury secretary nominee Scott Bessent at his confirmation hearing in front of the Senate Finance Committee on Thursday about President-elect Donald Trump's tax a... (more story)

Mid Cap More

Chancery Awards $1.6M To Food Recycler In Trade Secret Fight

The former leaders of a now-defunct food waste company owe another company $1.6 million for misappropriating a process for turning waste into fertilizer and animal feed, a Delaware vice chancellor said in a de... (more story)

NJ Hospital Chain Reorg Plan Nets Flurry Of Objections

The proposed disclosure statement and Chapter 11 plan of New Jersey hospital operator CarePoint Health Systems Inc. drew more than a half dozen objections, including from former owners, a prospective buyer, an... (more story)

Boeing Vexes Judge In 737 Max Records Flap With Airline

The Boeing Co. can't use a now-defunct South African airline's loss of records to dodge a suit over fallout from a 737 Max airplane deal, a Washington federal judge has said, chiding the aerospace giant for of... (more story)

Judge OKs Digital Media Solutions' Ch. 11 Wind-Down Plan

A Texas bankruptcy judge on Wednesday gave bankrupt digital advertising firm Digital Media Solutions Inc. approval for its proposed Chapter 11 plan, overruling objections from the U.S. trustee who argued the p... (more story)

AI Travel App Co. Mondee Files Ch. 11 With Sale Plans

Artificial intelligence-supported travel agency application maker Mondee Holdings Inc. filed for Chapter 11 protection in Delaware, saying it has a baseline offer for the acquisition of its assets and $49 mill... (more story)

Wynne Transportation Can Tap Some Of $6M DIP In Ch. 11

A Delaware bankruptcy judge said Tuesday she will allow transportation service provider Wynne Transportation to borrow $2 million in initial debtor-in-possession financing on an interim basis, clearing the way... (more story)

Judge Sets Sept. Deadline For Buffalo Diocese Ch. 11 Plan

A New York bankruptcy judge has told the Roman Catholic Diocese of Buffalo and its creditors they have until September to come up with a plan to settle the diocese's liability for approximately 900 claims of child sex abuse.

Trade Secret Suit Sends New Zealand Software Co. Into Ch. 15

A New Zealand company that develops actuarial software products supported by artificial intelligence commenced a Chapter 15 bankruptcy case in Delaware Tuesday, saying ongoing trade secrets litigation had harm... (more story)

Giuliani Atty Chided For 'Higher Power' Remark Ahead Of Trial

A Manhattan federal judge pushed back Tuesday against Rudy Giuliani's lawyer ahead of a trial on whether the former New York City mayor must turn over his Florida condo and World Series rings to help cover a $... (more story)

Ace Gallery Founder Gets 2 Years In Prison For Embezzlement

A California federal judge on Monday sentenced art dealer Douglas Chrismas, who founded the internationally renowned Ace Gallery, to two years in prison for embezzling hundreds of thousands of dollars from the... (more story)