Expert Analysis

Law School's Missed Lessons: In Court, It's About Storytelling

Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn t... (more story)

Charges Signal Tougher Stance On Execs' Bankruptcy Fraud

The recent criminal charges stemming from the Tricolor and First Brands bankruptcy cases may represent a sea chang... (more story)

5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privi... (more story)

Large Cap More

Crystallex Special Master Gets OK On $15.3M Atty Fee Bid

A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in def... (more story)

Spirit Air Gets OK For $533M Baseline Bid In April Jet Auction

A New York bankruptcy judge on Wednesday gave bankrupt air carrier Spirit Airlines permission to put 20 of the 48 aircraft its owns on the auction block next month with a baseline bid set at more than half a billion dollars.

J&J Unit Wins Sanction In Talc Libel Case

A Virginia federal judge on Tuesday issued sanctions against a doctor being sued by a Johnson & Johnson unit over an article linking mesothelioma with talc products, saying that a jury will be told that he del... (more story)

Brazilian Telecom Oi Plans Next Steps After Auction Fails

The auction for telecommunications company Oi's equity stake in a Latin American fiber internet provider did not attract a qualified bid, an attorney representing the debtor told a New York bankruptcy judge Tuesday.

Oakland Diocese Calls Abuse Claimants' Plan Unreasonable

The Roman Catholic Diocese of Oakland on Tuesday told a California bankruptcy judge that a committee representing sexual abuse claimants is making unreasonable demands for cash and oversight in its newly propo... (more story)

Insurers Can't Resume Investor Fight In $220M Coverage Row

A Texas appellate court Tuesday rejected two insurance companies' bid to stop a group of shareholders of now-bankrupt Cobalt International Energy from pursuing claims on behalf of thousands of other investors,... (more story)

First Brands Seeks Quick $50M Sale Of Walbro Biz In Ch. 11

Bankrupt car parts giant First Brands Group has asked a Texas judge to approve the $50 million sale of its small engine component business Walbro, the first in a series of anticipated business unit sales.

2nd Circ. Says COVID Policy Saves Argentine Creditors' Case

The Second Circuit on Monday revived a $5.5 million contractual dispute against Argentina, ruling that a New York state COVID-19 policy saved some bondholder claims from being time-barred.

Judge OKs Sanctions In $500M Miss America Ownership Fight

A Florida federal judge Monday sanctioned a businessman and his attorney for submitting fraudulent documents in a $500 million dispute over ownership of the Miss America pageant and using the documents to put ... (more story)

First Brands Says Factor's Ch. 11 Claim Is Protected By Cash

Financially troubled auto parts maker First Brands Group told a Texas bankruptcy judge Monday that a third-party factoring lender is protected by cash in segregated bank accounts that the debtor said provide a... (more story)

Mid Cap More

Flight Sim Co. Reaches Global Ch. 11 Deal With Creditors

Avenger Flight Group, an insolvent flight training provider, told a Delaware bankruptcy judge Wednesday it has reached a global settlement with creditors that will allow the debtor to complete an asset sale, s... (more story)

El Paso Diocese Files Ch. 11 Amid Abuse Litigation

The Catholic Diocese of El Paso filed for Chapter 11 relief in Texas as it faces 12 pending sexual abuse lawsuits from 18 plaintiffs involving allegations from 1956 to 1982.

Pa. Developer Hits Ch. 11 With Up To $10M In Liabilities

Southdown Properties Inc., a Pennsylvania developer, has filed for Chapter 11 protections with between $1 million and $10 million in estimated liabilities and assets.

Vegan Eatery Chain's Ch. 11 Converted To Liquidation

A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option. 

Judge Urges Resolution In NY Nursing Home Ch. 11

A New York bankruptcy court Tuesday pushed back the disclosure statement hearing in the Chapter 11 case of Long Island nursing home operator Cold Spring Acquisition, after the debtor said it is continuing to n... (more story)

Rhodium Ex-Directors, Attys Rebuke Ch. 11 Sanctions Bid

Barnes & Thornburg LLP and former board members for cryptocurrency miner Rhodium Encore LLC balked at Lehotsky Keller Cohn LLP's bid for sanctions in Rhodium's Chapter 11 case, saying they had done nothing wro... (more story)

Calif. Cheesemaker's Asset Sale Plan Staves Off Liquidation

Cheese producer Rizo-Lopez Foods Inc. told a California bankruptcy judge Monday that it has reached a sale agreement, delaying a motion to convert its case from a Chapter 11 reorganization to a Chapter 7 liquidation.

Chicago Hotel Operator Files Ch. 11 With $147M Debt

The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.

Viridis Chemical Files Ch. 11 Amid Relocation Woes

Bio-based chemical technology company Viridis has filed for Chapter 11 relief in Texas with more than $17 million in debt, citing cost overruns related to moving its manufacturing plant from Nebraska to Illinois.

Golf Co. Approved For $35.7M Ch. 11 Sale To Nicklaus Family

A Delaware federal bankruptcy judge approved a $35.7 million sale of assets Monday in the Chapter 11 case of sports gear and golf course design enterprise Nicklaus Cos. LLC, agreeing to a deal that will see af... (more story)