Expert Analysis

Law School's Missed Lessons: What Cross-Selling Truly Takes

Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling ... (more story)

If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle ... (more story)

If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers tha... (more story)

Large Cap More

McElroy Deutsch Adds Ex-Del. DOJ Atty To Bankruptcy Group

McElroy Deutsch Mulvaney & Carpenter LLP has added a former Delaware Department of Justice attorney to its Wilmington office to bolster its capacity to handle business bankruptcy and insolvency matters.

Pine Gate Can Wind Down Biz In Ch. 11 Post-Asset Sales

A Texas bankruptcy judge Wednesday approved solar energy developer Pine Gate Renewables' bid to liquidate its business in Chapter 11, after the debtor sold the bulk of its assets during its roughly three-month-long case.

Landlords Seek Protection In Saks' Ch. 11 Financing Plan

A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.

Talc Claimants Tell 2nd Circ. Revlon Must Allow Late Claims

A group of talc liability claimants on Wednesday asked the Second Circuit to find reorganized cosmetics company Revlon has to pay out for their injury claims despite those claims being filed past the deadline ... (more story)

Chinese Construction Co. CCA Exits Ch. 11

CCA Construction Inc., a subsidiary of a Chinese state-owned firm, has emerged from Chapter 11, months after a New Jersey bankruptcy judge agreed to approve its settlement with a Bahamian resort developer whos... (more story)

Legal Work For Tricolor Pro Se Filers Questioned By Judge

A Texas bankruptcy judge warned an Arizona man that he may have been improperly acting as an attorney for dozens of individuals who filed nearly identical pro se motions in the Chapter 7 case of subprime auto ... (more story)

Camden Diocese Will Pay $180M More To Abuse Survivors

The Roman Catholic Diocese of Camden, New Jersey, and its insurers on Tuesday agreed to pay another $180 million into a trust for the benefit of survivors of clergy sexual abuse, reaching a deal with a tort cl... (more story)

Oakland Diocese, Abuse Claimants To File Competing Plans

The Roman Catholic Diocese of Oakland and representatives for sexual abuse claimants told a California bankruptcy judge on Tuesday they will be filing competing versions of a plan to settle hundreds of abuse c... (more story)

Multi-Color Noteholders Sue Barclays In Ch. 11 Collateral Fight

Unsecured noteholders for bankrupt label-maker Multi-Color Corp. are suing Barclays Bank PLC as Multi-Color's collateral agent, seeking a declaration that the bank holds liens only on some assets and not "subs... (more story)

Saks Says Simon Didn't Terminate Two Leases Before Ch. 11

Bankrupt luxury retailer Saks Global told a Texas court that two leased store locations can't be repossessed by landlord Simon Property Group because the leases were not properly terminated before the Chapter ... (more story)

Mid Cap More

Woman Asks Justices For Relief From Tax Preparer's Fraud

A woman facing more than $300,000 in tax bills because her return preparer committed fraud on her filings decades ago asked the U.S. Supreme Court to overturn the Third Circuit's finding that she is responsibl... (more story)

Bang Energy's Founder Denied Stay Of Adversary Suit

A Florida bankruptcy judge denied a bid to halt an adversary lawsuit alleging that misconduct from the founder of Bang Energy drinks left his company insolvent, saying on Wednesday that no irreparable harm was... (more story)

CarePoint Says Cigna Underpaid Hospitals By $115M

The litigation trust established by the bankrupt operator of three New Jersey hospitals on Wednesday filed a suit against Cigna in Delaware bankruptcy court, accusing the health insurer of underpaying the hosp... (more story)

State Law Matters More For Bankruptcy Tolling, NC Justices Told

A real estate rental agency told North Carolina's high court Wednesday that it didn't miss its chance to collect a $507,000 debt because a decade-long statute of limitations period for judgment renewal was tol... (more story)

Buddy Mac Cancels Auction After Two Bids Received

Rent-to-own furniture and appliance retailer Buddy Mac Holdings said it had received two offers for its assets, but that its stalking horse bidder decided not to bid on the assets being sought by new bidder SK... (more story)

US Trustee Challenges 'Matrix' Producer Bankruptcy Plan

The U.S. Trustee's Office has urged the Delaware bankruptcy court to block Village Roadshow's attempt to solicit votes on its Chapter 11 liquidation plan, arguing that sweeping third-party releases in the film... (more story)

Talc Lawsuits Force Mining Co. Into Ch. 11 With Sale Plan

Vanderbilt Minerals, which mines and processes clay and other materials, has filed for Chapter 11 bankruptcy protection, citing an increase in lawsuits over alleged cancer-causing asbestos in its products.

Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say

Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's account... (more story)

NC Justices Asked To Undo Earth Fare Founder's $195K Award

Organic supermarket chain Earth Fare and its post-bankruptcy owner told North Carolina's top court on Tuesday that its founder can't recover damages for work he was salaried to do while revitalizing the brand,... (more story)

3rd Circ. Tosses Appeal In Pa. City Bankruptcy Utility Dispute

The Third Circuit on Tuesday upheld a bankruptcy court's order prohibiting the Chester Water Authority from probing the bankrupt Pennsylvania city's attempts to dissolve the water authority and use its assets in Chapter 9.