A Brazilian environmental cleanup company sought bankruptcy court recognition for a $1 billion restructuring in its home country. The owner of a defunct Pennsylvania boarding school re-entered Chapter 11. And a Rhode Island jail operator filed for bankruptcy.
A team of lawyers from McDermott Will & Schulte and Robinson & Cole LLP is guiding the unsecured creditors committee in summer camp company SIMAD Holdings' bankruptcy.
A bankrupt diocese located north of San Francisco has hurled a challenge at its insurers as it attempts to mediate its way to a Chapter 11 reorganization plan, saying the church is prepared to take a page out of another bankrupt Catholic institution's book and move forward without holdout insurers.