Meet The Attorneys Advising Eddie Bauer In Chapter 11
A group of lawyers from Kirkland & Ellis LLP and Cole Schotz PC is guiding the retail operator of outdoor apparel brand Eddie Bauer as it attempts to sell stores in its Chapter 11 case in New Jersey bankruptcy court.
Linqto, Del Monte Get OK For Ch. 11 Creditor Deals
Investment platform Linqto received approval for its liquidation plan, Del Monte scored approval for a $500 million asset sale and deal with its creditors, and a nursing home private equity investor hit Chapter 11 with more than $1 billion in debt. This was the week in bankruptcy.
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.
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Former nuclear power plant workers urged a Maryland federal judge not to let Constellation Energy, DTE Energy, Duke Energy, NextEra Energy and others duck a proposed class action alleging a wage-fixing conspir... (more story)
An organization of Franciscan friars in California has informed a bankruptcy judge it reached a $20 million settlement with its creditors committee to address the sexual abuse claims asserted by nearly 100 people.
Eddie Bauer LLC, a retail operator for the outdoor apparel brand, sought Chapter 11 protection early Monday in New Jersey bankruptcy court, reporting more than $1 billion in liabilities and listing more than 1... (more story)
FAT Brands creditors asked a Texas bankruptcy judge Thursday to suspend the restaurant franchiser's CEO Andrew Wiederhorn, arguing that within days of filing Chapter 11, Wiederhorn sold $3.1 million in equity ... (more story)
Parties supporting Imerys Talc America Inc. and Cyprus Mines Corp.'s joint Chapter 11 plan squared up one last time against dissenting insurers in Delaware bankruptcy court Friday, each side hoping to win a fi... (more story)
A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.
Johnson & Johnson's talc liability unit will get another chance to pursue libel claims against a scientist over an article she wrote linking talcum power to mesothelioma, after the Third Circuit agreed to send... (more story)
The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018... (more story)
Lenders to bankrupt STG Logistics Inc. have filed an adversary complaint in the Chapter 11 case of the freight and logistics services provider, seeking to continue to keep prosecuting an existing state court s... (more story)
The Texas judge overseeing Saks Global Enterprises LLC's bankruptcy said on Friday he will allow the debtors to seal information included in a proposed settlement because it is governed by a decade-old protect... (more story)
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Faith-based clothing retailer Altar'd State set an opening bid of $7 million for the intellectual property of bankrupt women's clothing retailer Francesca's, the debtor told a New Jersey bankruptcy judge Monday.
The litigation trust for bankrupt cryptocurrency custodian Prime Core Technologies Inc. is seeking to claw back $2.6 million of preferential transfers from one of the company's former end users, stablecoin platform sFox Inc.
Cooking and home goods e-commerce company Food52 Inc. has told a Delaware bankruptcy judge that the owner of the America's Test Kitchen television show's brand has submitted the winning bid for its primary business.
Biotechnology company Alachua Government Services received approval on Monday from a Delaware bankruptcy judge for a $16 million sale to healthcare investment firm OrbiMed Advisors LLC of the royalty rights to... (more story)
Blockchain financial technology company Archblock LLC filed for Chapter 11 bankruptcy relief in Delaware, listing more than $100 million in liabilities and less than $10 million in assets.
Parents who allege their child suffered injuries from a fruit purée pouch that allegedly contained unsafe lead levels can pursue claims against the company they say designed the pouch, but strict liability and... (more story)
The owner of a bankrupt government contractor has asked a Delaware federal court to throw out a perjury indictment against her, arguing federal prosecutors criminalized what she said were good faith, and in so... (more story)
National women's clothing retailer Francesca's received approval Friday in New Jersey bankruptcy court to tap into the cash collateral of its lenders to support a wind-down of its operations, including conduct... (more story)
A partnership asked the U.S. Supreme Court to revive its $23 million loss deduction involving a Brazilian company, saying in a petition docketed Friday that the Second Circuit wrongly blocked a key argument an... (more story)
The Roman Catholic Diocese of Buffalo is making progress in settling roughly 900 claims of child sexual abuse, with the financial settlement approaching $315 million, counsel for the unsecured creditors commit... (more story)