Large Cap More

Beyond The Balance Sheet: Prince Global Tests Ch. 15 Limits

The dramatic case of Prince Global Holdings, whose founder is accused of running one of Asia's largest transnational criminal organizations, illustrates the breadth of issues that Chapter 15 of the U.S. Bankru... (more story)

J&J Wants Talc MDL Tossed After Plaintiffs Withdraw Experts

Johnson & Johnson urged a New Jersey federal court to toss all the pending cases in the sprawling multidistrict litigation alleging that its talc products caused ovarian cancer after the plaintiffs withdrew th... (more story)

Yellow Corp. Sets Ch. 11 Pension Claim Estimation For Sept.

Former trucking firm Yellow Corp. received approval Monday for a three-month discovery and briefing schedule for an estimation proceeding covering the withdrawal liability claims of three pension funds, for wh... (more story)

High Court On Ch. 13 Estoppel, Prince Group Wins Ch. 15 Nod

First Brands was cleared to send its Chapter 11 plan to a creditor vote, defeating calls to convert the case to a Chapter 7 liquidation. The Supreme Court reversed a Fifth Circuit decision that barred a man fr... (more story)

Carlton Fields Pushes To Be Involved In Miss America Hearing

Carlton Fields pushed back Monday on a request from the CEO of Miss America and companies linked to the pageant to bar a firm attorney from a status conference in their litigation over Miss America's bankruptc... (more story)

2nd Circ. Backs Bankman-Fried's 25-Year Fraud Conviction

The Second Circuit on Friday upheld Sam Bankman-Fried's conviction and an $11 billion forfeiture order in an opinion that found the ex-CEO's claims that he could have made FTX customers whole didn't matter in ... (more story)

Auto Parts Co. First Brands Spared Ch. 7 Conversion

A Texas bankruptcy judge on Friday allowed auto parts maker First Brands to send the fifth version of its Chapter 11 plan out for a vote, denying a U.S. trustee motion to scuttle the plan and dismiss or conver... (more story)

Tricolor Judge Holds 'Pseudo-Attorney' In Contempt

A Texas bankruptcy judge has held a man and his company in contempt of court for improperly acting like an attorney on behalf of creditor and subprime auto lender Tricolor Holdings, saying the man would oscill... (more story)

Jane Street Used Tips To Dodge Losses, Terraform Says

The administrator for bankrupt cryptocurrency company Terraform Labs has urged a New York federal court not to dismiss his suit against trading firm Jane Street over claims the firm used confidential informati... (more story)

Joann Vendors' Suit To Remain In Del. Bankruptcy Court

A Delaware bankruptcy judge ruled Thursday that claims in a lawsuit brought by vendors of liquidated craft retailer Joann Inc. are not property of Joann's estate and can continue, as the claims are direct clai... (more story)

Mid Cap More

Sand Miners Can Pursue 2-Track Sale, Judge Says

A Texas bankruptcy judge told a pair of fracking and sand mining firms Monday she will greenlight the "two-tracked" sale procedures they have submitted, whereby a stalking horse bidder will create a company to... (more story)

NYC's Simry Realty Hits Ch. 11 In Midst Of Family Feud

Simry Realty Corp., a company controlled by the Haruvi family that co-owns several apartment buildings in Manhattan, has filed for Chapter 11 protection in New York with up to $100 million in debt, saying a di... (more story)

California Soda Ash Miner Hits Ch. 11 With $85M Secured Debt

A California soda ash and borate mining operation filed for Chapter 11 protection Monday in Delaware bankruptcy court with $85.5 million of secured debt and plans to sell its assets.

Detroit Tried To Seize Project, Developer Says In Suit

A development company that sought to revive a 38-acre Detroit hospital campus and transform it into a $148 million commerce and innovation hub has filed a complaint in Michigan bankruptcy court claiming the ci... (more story)

Viridis Chemical Can Seek Creditor Votes In Ch. 11 Plan

Bio-based chemical technology company Viridis Chemical LLC received court approval Friday in Texas for its Chapter 11 plan disclosure statement and can begin soliciting creditor votes ahead of a July 8 confirmation hearing.

US Trustee Seeks Fee Cut For Weil In NYC Landlord Ch. 11

The U.S. Trustee's Office is asking a New York bankruptcy judge to give Weil Gotshal & Manges LLP a 20% haircut on its fees for the Chapter 11 of a Manhattan landlord, saying the firm tried to lump together to... (more story)

9th Circ. Judge Doubts Google Rival's 'Broad' Antitrust Suit

A Ninth Circuit judge appeared skeptical Friday of efforts to revive allegations that Google harmed market competition for digital advertising by booting a now-defunct advertising app from its Play Store, sayi... (more story)

Texas Court Urged To Keep Judge Romance Suit Alive

In multiple filings, EJS Investment Holdings LLC has asked a Texas federal judge to reject attempts by former U.S. Bankruptcy Judge David Jones and other parties to dismiss its proposed class action over his s... (more story)

Creditor Vote Set For Harvest Sherwood Liquidation Plan

Harvest Sherwood Food Distributors on Friday got clearance for an August confirmation hearing for its Chapter 11 liquidation plan after a Texas bankruptcy judge said that, with some tweaks, the plan disclosure... (more story)

Venezuela Turns To Greenberg Traurig In Citgo Sale Appeal

Venezuela has tapped heavyweight lawyers from Greenberg Traurig LLP as its new counsel in a Third Circuit appeal challenging a Delaware judge's order greenlighting the nearly $6 billion sale of Citgo to satisf... (more story)

Expert Analysis

UCC Digital Asset Update Is Altering Lender, Obligor Diligence

The rollout of the Uniform Commercial Code's Article 12 is transforming digital asset secured lending, forcing len... (more story)

Ch. 15 Ruling Is A Restructuring Blueprint For Cannabis Cos.

The recent Cannabist Chapter 15 recognition order is arguably the most significant cannabis bankruptcy development... (more story)

Cow Horse Makes Me A Better Lawyer

Moving an unwilling 800-pound cow while riding a horse at high speed is exhilarating, a little unhinged and, at le... (more story)