
Under The Radar: Bankruptcy News You May Have Missed
The Chapter 11 trustee overseeing Chinese exile Miles Guo's bankruptcy estate hit dozens of new targets, including Salesforce and Grubhub, with adversary proceedings; the Chapter 7 trustee for Alex Jones asked permission to return deposits to bidders on Jones' assets; and the Office of the U.S. Trustee objected to the proposed plan of prison healthcare company Wellpath Holdings Inc., saying the plan contains impermissible third-party releases and Wellpath proposed an amended plan.

Meet The Key Players In J&J's Talc Spinoff Ch. 11 Trial
Johnson & Johnson's talc liability unit Red River is set to defend its Chapter 11 plan at a hotly contested, nine-day hearing that kicks off Tuesday, when U.S. Bankruptcy Judge Christopher Lopez will be asked to confirm a framework under which a $9 billion trust would pay out for claims that J&J's baby powder caused ovarian and other gynecological cancers.

J&J's Talc Unit Ch. 11 Trial To Test Releases, Texas Two-Steps
A packed nine-day trial in Texas will determine the fate of Johnson & Johnson's latest talc liability spinoff, and it may test how companies are using the controversial "Texas two-step" bankruptcy maneuver in the wake of the U.S. Supreme Court's decision curtailing the use of third-party releases in Chapter 11, experts told Law360.
Large Cap More
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the latest shifts in real estate law practice, a Big Law leader's predictions for a looming tariff "tax" deb... (more story)
A Connecticut bankruptcy judge for a third time on Friday extended deadlines for a Chapter 11 trustee to file adversary proceedings against individuals and entities that received money from Chinese exile Miles... (more story)
The Chapter 7 trustee liquidating SmileDirectClub can hire Orrick Herrington & Sutcliffe LLP as special litigation counsel, a Texas bankruptcy judge said Friday, concluding that Orrick met U.S. Bankruptcy Code... (more story)
The bankrupt Roman Catholic Diocese of Norwich, Connecticut, has struck a deal to pay $31 million to sexual abuse survivors, the diocese and its unsecured creditors' committee jointly announced Friday.
A Delaware bankruptcy judge on Friday approved motions by Joann Fabrics Inc. to start holding going-out-of-business sales at more than half the crafts and fabric retail chain's locations, and to have an offer ... (more story)
CCA Construction Inc., a Chinese state-owned construction firm, received approval to fund its Chapter 11 case with a secured, $40 million debtor-in-possession loan from its parent company, overruling an object... (more story)
A Sears Hometown Stores investor that saw its Delaware Court of Chancery share appraisal suit tanked by the company's bankruptcy in 2019 won a $4.06 per share payout ruling Thursday in a Court of Chancery deci... (more story)
A New York bankruptcy judge said Thursday the Chapter 11 plan of budget air carrier Spirit Airlines met the conditions for approval, but also told the parties he needed more time to consider the third-party re... (more story)
LaVie Care Centers, an operator of skilled nursing facilities, received a Georgia bankruptcy judge's blessing on Thursday to settle a dispute with the IRS that represented a "final hurdle" in the company's Cha... (more story)
Infowars founder Alex Jones should be forced to pay the judgment that Sandy Hook families won in their long-running defamation case, even though he lodged a "baseless" appeal with the Connecticut Supreme Court... (more story)
Mid Cap More
California-based sustainable resource recovery company Camston Wrather LLC has filed for Chapter 7 bankruptcy listing liabilities between $100 million and $500 million along with up to $50 million in assets, c... (more story)
A Florida federal bankruptcy judge on Thursday declined to rule on a bid to dismiss all Monster Energy Company's claims and liens against the former CEO of the corporation that produces Bang Energy drinks, say... (more story)
Splashlight, a New York City-based company that provides media production and creative services to brands such as Target and Nike, has filed for Chapter 11 protection, listing $39 million of assets and $53.5 m... (more story)
Special litigation counsel for defunct ticket broker National Events Holdings LLC's Chapter 7 Trustee can front funds to the employ of experts in litigation and be reimbursed by the estate, a New York bankrupt... (more story)
Lowenstein Sandler LLP has accused a cannabis dispensary it is suing for unpaid legal fees of effectively asking a New Jersey Superior Court judge to overturn another judge's partial denial of the dispensary's... (more story)
The former head of Allen & Overy's U.S. restructuring practice prior to A&O's transatlantic merger with Shearman & Sterling has joined Orrick Herrington & Sutcliffe LLP in New York.
Bankrupt Bitcoin mining company Rhodium Encore has filed a $300 million lawsuit in Texas bankruptcy court accusing competitor Riot Platforms and landlord and power provider Whinstone US Inc. of sabotaging its ... (more story)
A Pennsylvania bankruptcy judge gave the ailing city of Chester the green light Wednesday to probe a water utility about its assets, but stopped short of allowing the city under Chapter 9 protection to share t... (more story)
A Delaware bankruptcy judge said Wednesday she would approve two sales of assets from solar energy producer Oya Renewables worth a combined $39 million after it reached a settlement with its creditors' committee.
Insurance coverage litigation boutique Skarzynski Marick & Black LLP is expanding its services, announcing Wednesday it is bringing over a team of Duane Morris LLP bankruptcy experts in its Los Angeles office.