Expert Analysis

Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal

A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because ... (more story)

Litigation Inspiration: Reframing Document Review

For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how im... (more story)

The Challenges Of Abandoned Retirement Plans In Ch. 7

The Department of Labor's rule for unwinding retirement accounts when plan sponsors file for Chapter 7 bankruptcy ... (more story)

Large Cap More

Pa. Gets More Time To Find Funds For Steward Hospital

The Commonwealth of Pennsylvania has until Monday, Dec. 9, to secure additional funding to cover a hospital's operating losses as it seeks to negotiate a sale from bankrupt hospital operator Steward Healthcare... (more story)

Guo Trustee Balks At Boies Schiller's Clawback Transfer Bid

The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy in Connecticut says Boies Schiller Flexner LLP should not be allowed to move a nearly $654,000 clawback action from bankruptcy court to di... (more story)

5th Circ. Probes $8M Payout For Allegedly Undelivered Services

An investment company on Wednesday found itself before the Fifth Circuit having to justify paying $7.7 million for allegedly undelivered services from an affiliate, as it appeals a $2.6 million bill it got hit... (more story)

Alex Jones Atty Needs 30-Day Suspension, Ethics Boss Says

The lead Connecticut attorney in Infowars host Alex Jones' Sandy Hook defamation trial should be suspended for 30 days for directing a subordinate to transmit the victims' personal medical records to other Jon... (more story)

Avon Cleared To Sell To Parent Co. For $125M In Ch. 11

A Delaware bankruptcy judge on Wednesday said he would approve a settlement between Avon Products Inc. and Brazilian parent company Natura that clears the way for the beleaguered cosmetics giant to sell itself... (more story)

InterCement Files For Bankruptcy Relief In Brazil

Brazilian cement supplier InterCement has filed a petition for judicial reorganization in that country's bankruptcy court after more than a year of restructuring efforts and a July Chapter 15 filing in New York.

3rd Circ. Preview: BetMGM Addiction Case Tops Dec. Lineup

The Third Circuit is set to determine if BetMGM online casino should face a lawsuit claiming it violated New Jersey consumer protection and gambling laws for allegedly enticing a man with a gambling problem to play its games.

NY Diocese Gets OK For Ch. 11 Plan With Optional Releases

A New York bankruptcy judge approved a Long Island-based Roman Catholic diocese's Chapter 11 plan on Wednesday after hearing it had resolved objections from the U.S. Trustee's Office with a two-tier claims rel... (more story)

Judge Denies News Orgs. Bid To Unseal FTX Customer Names

A Delaware federal judge on Tuesday said he wouldn't reverse an order allowing defunct crypto platform FTX Trading Ltd. to keep customer names out of public bankruptcy filings, rejecting an appeal from major n... (more story)

SVB Parent's Claims Tiff Headed Back To Bankruptcy Court

A New York federal judge has sent the question of whether Morgan Stanley can assert late claims in the Chapter 11 case of the former parent of Silicon Valley Bank back to the bankruptcy court, saying the court... (more story)

Mid Cap More

Texas Oil Well Operator Moves Ahead On Speedy Ch. 11 Plan

A Texas bankruptcy judge Wednesday signed off on a timeline to confirm the prepackaged debt-for-equity Chapter 11 plan of oil and gas contractor Independence Contract Drilling, saying he'd save ruling on conce... (more story)

Ideanomics Among Crop Of New Ch. 11s In Delaware

Electric-vehicle technology company Ideanomics Inc. leads a new crop of Chapter 11 cases that hit the Delaware docket over several hours late Tuesday and early Wednesday, joined by debtors in the entertainment... (more story)

Mich. Seat Co. On Hook For €4.1M German Lease, Suit Says

A German property owner has said in a new complaint that a Michigan-based automotive seat manufacturer is on the hook for a €4.1 million ($4.3 million at current exchange rates) lease after its European entity... (more story)

New Judges Include One Who Aided Puerto Rico Bondholders

The Senate on Tuesday confirmed two federal judges for Pennsylvania and one for the District of Columbia, who came under scrutiny during her confirmation hearing for her work at Jones Day.

Fla. Court Urged To OK 'Offensive' $645K Deal In Firm's Ch. 11

A law firm debtor urged a Florida bankruptcy court Tuesday to approve a $645,000 settlement in its Chapter 11 to resolve a proposed fraudulent misrepresentation class action in state court against a former Mia... (more story)

Stoli USA Gets OK To Fund Ch. 11 With Fifth Third's Collateral

A Texas bankruptcy judge said Tuesday he would allow the U.S. arm of vodka giant Stoli Group to use cash collateral to fund its Chapter 11 case on an interim basis after the debtor reached an agreement on repo... (more story)

Alex Jones Atty Seeks Leniency Over Sandy Hook 'Mistake'

The lead attorney in Infowars host Alex Jones' $1.44 billion Connecticut defamation trial admits he "made a mistake" when he approved sending several Sandy Hook Elementary School victims' confidential records ... (more story)

Film Financing Firm Gets OK For Ch. 11 Auction In January

A Delaware bankruptcy judge gave Film Finance Inc., a company that offers financing for high-profile film projects, the go-ahead Tuesday to put itself on the auction block early next year after dropping protec... (more story)

Nostrum Says Nearly 30 Potential Buyers Have Signed NDAs

Drugmaker Nostrum Laboratories told a New Jersey bankruptcy judge Tuesday that close to 30 parties are weighing bids for the company's assets, with the debtor planning to choose a stalking horse bidder in the coming weeks.

Texas Oil Driller Hits Ch. 11 With $207M Debt-Swap Plan

Oil and gas drilling services provider Independence Contract Drilling has filed for Chapter 11 protection in a Texas bankruptcy court with more than $230 million in debt and a prepackaged debt-swap restructuring plan.