A rapid expansion that ate into profits and online backlash that undercut sales was the recipe that led Kentucky-based cookie bakery Please & Thank You to file for Chapter 11, where it hopes to address its debt and either tempt new investors or sell the business.
Texas hospital operator Sherman/Grayson and embattled auto parts maker First Brands are facing bids to dismiss or convert their Chapter 11 cases, while e-commerce brand QVC group is seeking approval for its Chapter 11 plan and Clearside Biomedical wants clearance to sell its assets.
The Sixth Circuit has ruled that a property title transferred to a Michigan taxing authority can be clawed back in a homeowner's Chapter 13 case, the Eleventh Circuit backed consolidation of four nondebtors into a business' pending Chapter 7 bankruptcy, and the U.S. Department of Justice's bankruptcy watchdog argued third-party releases make luxury retailer Saks' Chapter 11 plan unconfirmable.
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A rapid expansion that ate into profits and online backlash that undercut sales was the recipe that led Kentucky-based cookie bakery Please & Thank You to file for Chapter 11, where it hopes to address its debt and either tempt new investors or sell the business.
Texas hospital operator Sherman/Grayson and embattled auto parts maker First Brands are facing bids to dismiss or convert their Chapter 11 cases, while e-commerce brand QVC group is seeking approval for its Chapter 11 plan and Clearside Biomedical wants clearance to sell its assets.
The Sixth Circuit has ruled that a property title transferred to a Michigan taxing authority can be clawed back in a homeowner's Chapter 13 case, the Eleventh Circuit backed consolidation of four nondebtors into a business' pending Chapter 7 bankruptcy, and the U.S. Department of Justice's bankruptcy watchdog argued third-party releases make luxury retailer Saks' Chapter 11 plan unconfirmable.
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June 09, 2026
Eye disease treatment developer Clearside Biomedical received a Delaware bankruptcy judge's approval on Tuesday to sell certain assets for $4 million to its stalking horse.
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June 09, 2026
The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.
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June 08, 2026
A Florida businessman who claims that he owns the Miss America pageant and his attorney were ordered Monday to pay $2.2 million in sanctions for submitting fraudulent documents in a $500 million dispute over ownership of the pageant and using them to put the company into bankruptcy.
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June 08, 2026
The plan administration trust created under the Chapter 11 plan of DNA-testing company 23andMe told a Missouri bankruptcy judge Monday that a state court lawsuit brought by the California attorney general over a 2023 data breach violates the terms of the company's confirmed plan.
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June 08, 2026
A real estate investment firm has claimed in Colorado state court that a Denver developer lied numerous times to refinance on three occasions a promissory note governing the development of a residential lot on the north side of the city, alleging that the developer owes nearly $380,000 in damages.
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June 08, 2026
At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.
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June 08, 2026
A medical professional liability insurer will pay its $1 million policy limit toward a $13 million verdict against a Washington state doctor in a botched cosmetic surgery case, a federal judge has ruled.
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June 08, 2026
Wind farm pile-maker EEW American Offshore Structures Inc. asked a New Jersey bankruptcy judge to approve a nearly $13 million settlement the debtor struck with a landlord, saying the deal clears up litigation that contributed to the need to undergo a Chapter 11 case.
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June 08, 2026
Pennsylvania window company Graboyes LLC has filed a Chapter 11 petition citing more than $10 million in liabilities, including $2.1 million in disputed loans and an $876,000 "note payable" to the International Union of Painters and Allied Trades District Council 21.
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June 08, 2026
Latham & Watkins LLP announced Monday that it has fortified its litigation presence in Texas and nationally with an Austin, Texas-based partner who arrived from Kirkland & Ellis LLP.
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June 08, 2026
The U.S. Supreme Court will not consider an appeal related to an early Texas two-step case, a New Jersey bankruptcy judge declined a Del Monte lender group's request for a plan confirmation stay, and a law to standardize assignment for the benefit of creditors proceedings is gaining traction. This is the week in bankruptcy.
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June 08, 2026
Simply Interior Homes, which makes home textiles and decor, filed for Chapter 11 protection Monday in Delaware bankruptcy court with at least $100 million in debt and a plan to sell its business.
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June 05, 2026
Texas' bankrupt former hospital owner Sherman/Grayson Hospital LLC said that professional fees have been paid, monthly operating reports filed and other steps taken that should prevent its Chapter 11 case from being converted to a Chapter 7 liquidation.
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June 05, 2026
The U.S. Trustee's Office has objected to rent-to-own company FlexShopper's Chapter 11 plan in Delaware bankruptcy court, arguing that the debtor's proposal contains third-party releases that violate a 2024 U.S. Supreme Court ruling.
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June 05, 2026
The former parent company of the now-bankrupt Santa Barbara News-Press, the newspaper's former owner, and related entities must pay $3.6 million in back pay in a long-standing labor dispute with the Teamsters after failing to file an answer to a board compliance order, the National Labor Relations Board ruled.
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June 05, 2026
King & Spalding LLP announced Thursday that it has hired two former Proskauer Rose LLP attorneys, one of whom co-led their prior firm's global finance and corporate and fund finance teams.
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June 05, 2026
The bankruptcy trustees of former EY head of tax John Dixon are bringing a claim against his wife, according to a newly public entry on the High Court's filing system.
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June 05, 2026
The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner file a claim against his wife, and 37 leading insurers bring a lawsuit against agrichemical company Syngenta over an insurance dispute. Here, Law360 looks at these and other new claims in the U.K.
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June 04, 2026
Casino operator Maverick Gaming told a Texas bankruptcy court it has arrived at a settlement with the U.S. Small Business Administration over its lawsuit seeking forgiveness for COVID-19 pandemic loans, a deal that would allow SBA proofs of claim as general unsecured claims.
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June 04, 2026
Rusoro Mining Ltd. urged the Delaware Chancery Court on Thursday to dismiss Gold Reserve Ltd.'s lawsuit over a failed bid for Citgo Petroleum Corp.'s parent company, arguing the case is an improper attempt to interfere with a federal court auction that already ended with the approval of a competing bid.
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June 04, 2026
Empire Petroleum Corp. Chairman Philippe Mulacek filed a Chapter 11 petition Thursday, pausing enforcement efforts against him over a more than $210 million judgment in a long-running Texas federal court fight with Swiss financier Carlo Civelli.
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June 04, 2026
A Texas bankruptcy judge has approved bankrupt wind energy company Shannon Wind's $129.5 million sale and its Chapter 11 liquidation plan.
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June 04, 2026
A Delaware bankruptcy judge on Thursday agreed to conditionally approve the disclosure statement for biotechnology company Alachua Government Services' Chapter 11 liquidation plan after the debtor announced it had settled a long-running outstanding dispute.
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June 04, 2026
Bankrupt drug research and development company Inotiv Inc. received interim approval on Thursday to access a $25 million bankruptcy loan as it pursues a prepackaged balance sheet restructuring in Texas court.
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June 04, 2026
Polsinelli PC has named the leader of its national distressed healthcare practice to take the helm of the firm's Atlanta office, succeeding an attorney who will continue leading the firm's technology transactions and data privacy practice.