Calgary, Canada-based Monette Farms has asked a Delaware bankruptcy judge for U.S. recognition of its Canadian insolvency proceeding, ahead of the agriculture enterprise's planting season. Guiding it and its foreign representative through Chapter 15 is a team of Kobre & Kim attorneys with experience in complex bankruptcy litigation and cross-border restructurings.
The unsecured creditors' committee for California-based home solar panel installer Freedom Forever has put together a team of lawyers from Willkie Farr & Gallagher LLP and Blank Rome LLP as the debtor winds through a Chapter 11 to address the loss of federal tax deductions.
Wiser Solutions Inc., a software company that collects data from retailers, has tapped lawyers from the firms Hogan Lovells and Thompson Coburn LLP to help it through the Chapter 11 case it began with about $563 million in debt and plans to sell its business to its main lender.
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Calgary, Canada-based Monette Farms has asked a Delaware bankruptcy judge for U.S. recognition of its Canadian insolvency proceeding, ahead of the agriculture enterprise's planting season. Guiding it and its foreign representative through Chapter 15 is a team of Kobre & Kim attorneys with experience in complex bankruptcy litigation and cross-border restructurings.
The unsecured creditors' committee for California-based home solar panel installer Freedom Forever has put together a team of lawyers from Willkie Farr & Gallagher LLP and Blank Rome LLP as the debtor winds through a Chapter 11 to address the loss of federal tax deductions.
Wiser Solutions Inc., a software company that collects data from retailers, has tapped lawyers from the firms Hogan Lovells and Thompson Coburn LLP to help it through the Chapter 11 case it began with about $563 million in debt and plans to sell its business to its main lender.
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May 08, 2026
Bankrupt wind turbine blade maker TPI Composites Inc. filed a motion in support of its Chapter 11 plan of liquidation late on Thursday, saying its proposal is in the best interests of all stakeholders ahead of a May 21 hearing on approval of the plan disclosure statement.
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May 08, 2026
A California bankruptcy judge on Friday approved the Roman Catholic Diocese of Oakland's request to solicit votes on a Chapter 11 plan that would set up a $180 million trust fund to compensate abuse claimants.
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May 08, 2026
Saks will seek the all-clear to sell leases, cannabis products purveyor Cannabist will look for Chapter 15 recognition and solar project Tonopah Solar Energy LLC will ask for interim approval of its plan and disclosure.
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May 08, 2026
The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.
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May 07, 2026
The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $150 million from now-defunct GWG Holdings, a publicly traded company for which he served as chairman.
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May 07, 2026
The bankrupt Norwich Roman Catholic Diocesan Corp. has reached a settlement with its insurer in a Connecticut state court lawsuit alleging the insurer improperly bailed on defense coverage for a sexual abuse case just days before the start of a trial.
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May 07, 2026
An attorney for Nielsen urged a Second Circuit panel Thursday to undo an order, which is currently stayed, effectively blocking it from conditioning media company Cumulus' access to national radio ratings data on buying its local offerings.
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May 07, 2026
A BlockFills creditor wants a Chapter 11 trustee to take over the crypto group's bankruptcy, Saks has asked for more time to accept or reject leases, and the creditors committee for healthcare group Carbon Health Technologies says its latest bankruptcy funding loan is too high.
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May 07, 2026
Textile developer Lycra received confirmed Thursday from a Texas bankruptcy judge for its restructuring plan, which calls for erasing $1.2 billion of debt from its balance sheet, capping a quick trip through Chapter 11.
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May 07, 2026
Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.
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May 07, 2026
A former Jackson Walker LLP partner said Thursday that she should be dropped from a suit accusing her, a former Texas bankruptcy judge she had a secret relationship with and multiple law firms of fomenting "mass corruption" in Houston's bankruptcy court.
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May 06, 2026
Manhattan federal prosecutors said sentencing for the former chief revenue officer of the defunct cryptocurrency firm Celsius Network should reflect that the executive provided "substantial assistance" to the government as it pursued the conviction of Celsius' former CEO, who eventually pled guilty to misrepresentation and market manipulation charges.
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May 06, 2026
First Brands Group lender Aequum Capital has urged a Texas bankruptcy judge to reject unsecured creditors' bid to extend a deadline for their investigation into liens that Aequum asserted, saying the creditors are pursuing a "baseless fishing expedition."
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May 06, 2026
An affiliate of hedge fund Elliott Investment Management LP — whose $5.9 billion bid for Citgo's parent company was accepted late last year — is denying the oil giant's allegations that it improperly exposed company secrets in an op-ed last month, telling a Delaware federal court it has every interest in ensuring the company's success.
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May 06, 2026
Textile developer The Lycra Co. LLC urged a Texas bankruptcy judge to confirm its Chapter 11 plan, saying it recently reached a deal with a subset of creditors to support the plan cutting $1.2 billion from its balance sheet.
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May 06, 2026
Asbestos bankruptcy trusts told the Delaware Supreme Court on Wednesday that Johnson & Johnson, Dow Chemical and other repeat asbestos defendants are trying to turn an old equitable remedy into a sweeping, indefinite preservation order for more than 1.1 million victims' private claims files.
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May 06, 2026
Womble Bond Dickinson has strengthened its debt financing capabilities in the energy sector with the hiring of a Houston-based partner who came aboard from Akin Gump Strauss Hauer & Feld LLP.
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May 05, 2026
A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."
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May 05, 2026
Entities representing groups of opioid claimants in the Chapter 11 case of Purdue Pharma have named their representatives on an oversight board created to implement a public repository of documents related to the national opioid epidemic and Purdue's role in the crisis.
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May 05, 2026
A New York bankruptcy judge on Tuesday agreed to approve Spirit Airlines' package of wind-down motions after rising fuel costs and unsuccessful efforts to secure federal rescue financing forced it to walk away from restructuring plans.
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May 05, 2026
Unsecured creditors of restaurant group Fat Brands have sued several investors in Texas bankruptcy court asking to pause the company's planned credit bid sale to its debtor-in-possession lender, saying so-called manager advance claims are being improperly quashed.
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May 05, 2026
A British business executive on Tuesday asked a Delaware bankruptcy judge to dismiss him from a suit over the disappearance of $533 million from an affiliate of education technology company Byju's, saying there is nothing in the case to give a U.S. court jurisdiction.
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May 04, 2026
Johnson & Johnson knew for decades that its baby powder contained asbestos, even as it advertised the product as safe and "pure," attorneys for the families of three women who died of ovarian cancer told a California jury Monday during opening statements in a bellwether trial.
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May 04, 2026
Rival airlines have scrambled to boost routes, plug service gaps and snatch up Spirit Airlines customers in the two days since the budget carrier's demise, raising alarms about what other casualties might be in store for an airline industry reeling from skyrocketing jet fuel costs.
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May 04, 2026
First Brands Group has proposed a Chapter 11 plan outlining how the struggling auto-parts manufacturer is aiming to end its sprawling bankruptcy, a case marked by allegations of yearlong fraud and the shock waves it has sent through the private credit market.