Large Cap More

Nikola Ex-CEO Says FBI Agent's Tweets Spooked Witness

Trevor Milton, the founder and former CEO of Nikola Corp., has sued an FBI agent and a witness who testified against him at his New York federal court trial, accusing them of working together in a coordinated ... (more story)

Gaming Co. Says It's Not Ducking Judgment With Ch. 15 Case

Mobile game developer Papaya Gaming Ltd. on Friday defended its bid for Chapter 15 recognition of its Israeli restructuring, arguing it has always been based in Israel and was not trying to manipulate jurisdic... (more story)

Judge Delays Plan Disclosure Hearing For SF Archdiocese

A California bankruptcy judge on Friday agreed to postpone a hearing on the Archdiocese of San Francisco's Chapter 11 disclosure statement by nearly two weeks after insurers said they need more time to examine... (more story)

Bankrupt LIV Golf Seeks To Exit NYC HQ

LIV Golf is looking to vacate its more than 27,800-square-foot U.S. headquarters in New York City's tony Hudson Yards development, asking a bankruptcy judge to approve an agreement that calls for the landlord ... (more story)

UK Litigation Roundup: Here's What You Missed In London

The past week in London has seen failed cryptocurrency platform BitMEX sue Celsius Network amid ongoing litigation between the companies, and an independent music producer lodge a claim against Universal Music... (more story)

Watchdog Objects To Releases In Republic National's Plan

The U.S. Trustee's Office on Thursday asked a Texas bankruptcy judge to reject wine and spirits distributor Republic National's Chapter 11 plan, contending it contains sweeping and nonconsensual third-party releases. 

Hughes Satellite Creditors Argue For Right To File Reorg Plan

Creditors of Hughes Satellite System told a Texas bankruptcy judge Thursday they should be allowed to propose their own Chapter 11 plan before the bankrupt satellite internet provider runs out of cash.

Dish, Disney Working On Deal In Sling TV Suit

Dish Network told a New York federal court that settlement discussions are in progress for Walt Disney Co.'s breach of contract suit that challenged the satellite provider's short-term Sling TV passes and spur... (more story)

Spirit Sues Over Failed Airplane Deal, $48M 'Disappearance'

Spirit Airlines has accused CSDS Asset Management of reneging on the court-approved sale of 20 of its aircraft and emptying $48 million from an escrow account, alleging in a complaint in New York bankruptcy co... (more story)

LIV Golf, Jon Rahm Reach Separation Agreement

LIV Golf is asking a New Jersey bankruptcy judge to ratify a deal with Jon Rahm to allow the golfer to cancel his contracts and exit the embattled league.

Mid Cap More

11th Circ. Backs Florida Firm In Lender Note Verdict Appeal

The Eleventh Circuit in an unpublished opinion backed a law firm accused of botching several financial transactions for a Puerto Rican microcap lender, affirming the findings of a jury and a lower court that i... (more story)

RBS Denies Responsibility In £73M Rockfire Solar Bond Row

The Royal Bank of Scotland has hit back against a collapsed investment company's £73 million ($97 million) claim, denying it had any responsibility for allegedly allowing payments earmarked for solar farms to ... (more story)

Soda Ash Miner Gets OK For Ch. 11 Plan Vote

A Delaware bankruptcy judge Thursday approved Searles Valley Minerals' Chapter 11 plan disclosures and set the soda ash miner on course for a late November plan confirmation hearing.

Court Backs Tahmoor Coal Liquidators $30M Loan Repayment

A New South Wales Supreme Court judge has allowed liquidators for Tahmoor Coal to repay a nearly $30.5 million loan to avoid potentially unfair claims from creditors, saying the loan helped maintain the coal m... (more story)

Almond Grower's Ch. 11 Plan Confirmed After Injunction Nixed

A California bankruptcy judge confirmed the Chapter 11 plan of almond grower Trinitas Advantaged Agriculture Partners after it replaced the injunction in its plan with a narrower extension of the automatic stay.

Exec Who Tried To Buy UK Soccer Club Cops To $500M Fraud

A Florida executive who once tried to buy England's Everton soccer club told a New York federal judge Thursday that he engaged in a large-scale financial sham, copping to fraud charges ahead of his scheduled Monday trial.

Cyber Incident Halts Bankruptcy Court Noticing Nationwide

The nationwide system for providing notice to creditors in bankruptcy cases has been disrupted by a cybersecurity incident, and it is not currently known when the outage will end.

Womble Bond Gains 5 Finance Litigators From K&L Gates

Womble Bond Dickinson announced Thursday that it has hired five litigators from K&L Gates LLP to join its New York and Boston offices, touting their history advising some of the country's largest financial institutions.

Horticultural Supplier Asset Sales Bring In Nearly $33M

A Delaware bankruptcy judge has approved three sales of the assets of horticultural and agricultural supply distributor BFG Supply Co. LLC, including a $27.4 million sale of its main operational assets to Grif... (more story)

Judge Skeptical Of Injunction Bid In Almond Grower Ch. 11

A California bankruptcy judge Wednesday questioned the need for an injunction in the Chapter 11 plan of almond grower Trinitas Advantaged Agriculture Partners, saying he could not think of any creditor that wo... (more story)

Expert Analysis

Bankruptcy Deadlines, Concessions Can Decide Lien Priority

The Fifth Circuit's recent decision in Adler v. Energy Debt Holdings warns buyers of secured claims to watch for b... (more story)

What Lawyers Should Know Before Accepting Crypto Payment

As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should... (more story)

Data Sale In Spirit Bankruptcy Raises Novel Privacy Risks

Spirit Airlines' planned sale of deidentified business data to Google for artificial intelligence training exposes... (more story)