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Meet The Kirkland, Gray Reed Lawyers Guiding QVC's Ch. 11

A team of attorneys from Gray Reed and Kirkland & Ellis are leading home shopping television company QVC through what they hope will be a quick trip through Chapter 11.

Justices Mull Limits On Federal Review of State Cases

The U.S. Supreme Court on Monday wrestled with the potential impact of reining in – or even scrapping altogether – a 100-year-old doctrine that curbs litigants' ability to go to federal court to try to overtur... (more story)

Inspired Healthcare Creditors Object To Reid Collins Retention

Inspired Healthcare's unsecured creditors have urged a Texas bankruptcy judge to deny the company's bid to retain Reid Collins & Tsai LLP to help investigate the debtor's pre-Chapter 11 conduct, saying that ta... (more story)

High Court Won't Hear 3rd Circ. J&J Class Cert. Appeal

The U.S. Supreme Court on Monday said it won't review a class certification challenge in a securities class action over Johnson & Johnson's cancer-related talc products in the latest development in a closely w... (more story)

QVC Aiming For Late May Ch. 11 Plan Confirmation

QVC told a Texas bankruptcy judge Friday the home shopping television company wants to get its Chapter 11 debt swap plan confirmed by late May and emerge from the insolvency process within 90 days, as it seeks... (more story)

Solar Co. Freedom Forever Blames Unpaid Bills For Ch. 11

Solar company Freedom Forever told a Delaware bankruptcy judge Friday that missed payments that mounted after the passage of the federal budget reconciliation bill last year were largely the cause of its Chapt... (more story)

Pa. Judge Steps Aside From Case Over Threats To Judges

A Pennsylvania federal judge agreed to step aside from a criminal case involving a man accused of threatening to kill judges after the man pointed out that the jurist had presided over a related bankruptcy matter.

Battery Recycling Co. Set For May Ch. 11 Auction

A Texas bankruptcy judge Friday approved Ascend Elements' expedited timeline for a Chapter 11 auction, after the battery recycling firm reached consensus on reserving the rights of objecting parties.

Nussbaum-Linked Law Firms Hit Ch. 11 Facing Scheme Suits

Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending pra... (more story)

Optimum Defends Antitrust Suit Against Apollo, BlackRock

Apollo, Ares, BlackRock and other financial giants are colluding to block Optimum Communications Inc. from negotiating a debt refinancing to avert bankruptcy, acting as a "cartel" and locking Optimum out of cr... (more story)

Mid Cap More

SPI Energy Seeks Ch. 15 Recognition Of Cayman Wind-Down

Cayman Islands-incorporated solar company SPI Energy has filed in Delaware for Chapter 15 recognition of its liquidation proceedings, saying U.S. court approval may help it conduct investigations and recover assets.

NYC Real Estate Week In Review

Vinson & Elkins and Spencer Fane are among the law firms that steered the largest New York City real estate transactions that became public last week, with a trio of Manhattan trades topping the list.

Fla. Judge Confirms Cosmetic Co.'s Ch. 11 Exit Plan

A Florida bankruptcy judge said Friday she would confirm a cosmetic company's reorganization plan after the debtor ironed out a deal with creditors that reduced the founder's equity stake in the company.

Vanderbilt Minerals Seeks OK For Deal With Parent Co.

Vanderbilt Minerals on Friday asked a New York bankruptcy judge to approve a settlement with its parent company that would pave the way for an asset sale, while creditors argued the ex-talc miner is trying to ... (more story)

Businessman Denies Duping Council In £150M Solar Deal Row

A businessman has denied owing an effectively bankrupt local English council more than £150 million ($204 million) over a series of failed investments that he allegedly misrepresented and siphoned off for his ... (more story)

Furniture Cos.' $19M Captive Insurance Scam Suit Resumed

A Maryland federal court has resumed a lawsuit accusing a D.C. corporate tax attorney and his former law firm of a $19 million captive insurance scam following notification that the bankruptcy proceedings of t... (more story)

Village Roadshow Ch. 11 Plan Greenlighted After WB Deal

Village Roadshow, the film production company behind "The Matrix" and "Ocean's Eleven," won confirmation of its disclosure statement and liquidation plan Thursday after striking a deal with Warner Bros. Entert... (more story)

NY Bar Assoc. Building Owner Broke Ch. 11 Deal, Lender Says

A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reins... (more story)

Fla. Judge Told Ex-CEO Drove Energy Drinks Co. Into Ch. 11

A liquidating trust Wednesday urged a Florida federal bankruptcy judge to hold the former CEO of the company that makes Bang Energy drinks liable for breaching fiduciary duty, arguing that a multimillion-dolla... (more story)

Cinemoi Trustee Moves To Seize $43M Film Library In Ch. 7

The Chapter 7 trustee for bankrupt television network Cinemoi North America on Wednesday asked a California bankruptcy judge to hold the company in contempt for allegedly refusing to turn over a hard drive con... (more story)

Expert Analysis

2 Discovery Rulings Break With Heppner On AI Privilege Issue

While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications wit... (more story)

What A Court Doc Audit Reveals About Erroneous Filings

My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, wit... (more story)

Getting The Most Out Of Learning And Development Programs

Junior associates can better develop the legal, business and interpersonal skills they need for long-term success ... (more story)