Expert Analysis

Serta Ruling Further Narrows Equitable Mootness In 5th Circ.

The Fifth's Circuit recent Serta bankruptcy decision represents a further hardening of its view of the equitable m... (more story)

Confusing Injury-In-Fact Rules Hinder Federal Practice

A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products ... (more story)

In-House Counsel Pointers For Preserving Atty-Client Privilege

Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-cl... (more story)

Large Cap More

Real Estate Recap: Practice Pivot, Tariff Tax, Lennar's Lawyers

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)

Guo Ch. 11 Trustee Wins 3rd Clawback Extension, Seeks $38M

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)

SmileDirectClub Trustee Gets OK To Hire Orrick

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)

Conn. Diocese Reaches $31M Deal With Abuse Claimants

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.

Joann Fabric Gets OK For Store Closures, Fast Auction

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)

Chinese Construction Co. Gets OK For $40M Ch. 11 Financing

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)

Chancery OKs Appraisal Suit Fix For Sears Damage Ruling

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)

Spirit Airlines Ch. 11 Plan Releases Need More Consideration

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)

Nursing Home Co. LaVie Inks Deal With IRS In Ch. 11 Case

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)

Sandy Hook Families Seek To Enforce Alex Jones Judgment

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

Camston Wrather Files For Ch. 7 With Over $100M In Debt

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)

Fla. Judge Denies Drinks Co. Ex-CEO Bid To Ax Monster Liens

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)

Creative Services Co. Hits Ch. 11 With $54M In Debt

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)

National Events Trustee Gets OK For Atty Payment Scheme

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 Accuses Dispensary Of 'Bad Faith' Move

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)

Orrick Hires Former Head Of A&O's Restructuring Practice

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.

Rhodium Says Landlord Tried To 'Destroy' It In $300M Suit

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)

Chester, Pa., Can Probe Water Utility's Assets In Ch. 9

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)

Solar Co. Oya Gets OK For Ch. 11 Sales Following Settlement

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.

Skarzynski Marick Adds Duane Morris Bankruptcy Team in LA

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.