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Large Cap More

NJ Judge Clears Eddie Bauer Retail Operator's Ch. 11 Plan

A New Jersey bankruptcy judge said Thursday she would confirm the Chapter 11 liquidation plan from a company operating Eddie Bauer retail stores, following a settlement last month between the debtor and its le... (more story)

QVC Warns Investors On Impending $5B+ Ch. 11 Filing

QVC Group Inc., the owner of pioneering home shopping television networks, said in a regulatory filing that its Chapter 11 bankruptcy filing was imminent, after turnaround efforts that slashed jobs and launche... (more story)

Oi Noteholders Lose Ch. 15 Bid To Block Sale In Brazil

A New York bankruptcy judge Wednesday declined to stop a sale of telecommunications company Oi's equity stake in a Latin American fiber internet provider, finding it wasn't the role of a Chapter 15 judge to is... (more story)

Winston & Strawn Must Face $1.7B GloriFi Malpractice Suit

A Chapter 7 malpractice suit brought by the trustee of fintech company GloriFi asserting $1.7 billion in damages from a failed initial public offering mostly survived a motion to dismiss late Tuesday, with a T... (more story)

Multi-Color Inks Deal With Creditors On $3.9B Debt-Cut Plan

Multi-Color Corp. told a New Jersey bankruptcy judge Wednesday it had reached a settlement with creditors that resolves almost all objections to a Chapter 11 plan that would let the label maker eliminate $3.9 ... (more story)

Cumulus Media Gets OK For $592M Debt-Swap Ch. 11 Plan

A Texas bankruptcy judge Wednesday approved radio giant Cumulus Media's $592 million debt-for-equity Chapter 11 plan, overruling arguments from the U.S. Trustee's Office that the plan's third-party claims rele... (more story)

VC Apple Tree Can Stay In Ch. 11 While Cayman Case Restarts

A Delaware bankruptcy judge has denied a Russian billionaire's bid to dismiss the Chapter 11 case of biotechnology investment company Apple Tree Life Sciences Inc. but said she would allow a winding-up proceed... (more story)

Solar Co. Freedom Forever Hits Ch. 11 With Over $500M Debt

California-based home solar panel installer Freedom Forever filed for Chapter 11 protection in Delaware bankruptcy court Wednesday with more than $500 million in debt, including $114 million owed to residentia... (more story)

Trustee's Office Balks At Spirit Disclosure, Wants More Info

The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.

IHC's Ch. 11 Mediation Ask 'Jumped The Gun,' Creditors Say

Lenders and unsecured creditors to Inspired Healthcare Capital have told a Texas bankruptcy court it is too soon in the senior-living facility group's Chapter 11 case to appoint a mediator, arguing its mandato... (more story)

Mid Cap More

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)

Jones Day DQ'd From Vanderbilt Case Over Pre-Ch. 11 Work

A New York bankruptcy judge disqualified law firm Jones Day from representing talc producer Vanderbilt Minerals in its Chapter 11 case Wednesday, saying the firm's prior work for the larger Vanderbilt corporat... (more story)

NYC Building Goes Into Ch. 11 To Avoid Foreclosure Sale

A New York company connected to a local property manager filed a Chapter 11 bankruptcy petition for its five-story, mixed-use building in downtown Manhattan, heading off a foreclosure sale that had been schedu... (more story)

Vanderbilt's Jones Day Hire Delayed Over Evidence Additions

A New York bankruptcy judge allowed creditors of bankrupt talc producer Vanderbilt Minerals to supplement the record with additional evidence related to the debtor's proposed hire of the Jones Day firm as its ... (more story)

Wage Suit Against Esports Co.'s CEO Can't Proceed In Conn.

A federal judge ruled that a former employee of a bankrupt esports company cannot pursue a Connecticut wage claim against the company's CEO in that state, saying it would impose an "immense burden" on the Cali... (more story)

Legal App Co-Founders Can't Duck £920K Loan Demand

The co-founders of a defunct online legal adviser failed to block a creditor's demand for a £920,000 ($1.25 million) loan repayment, as a London court on Tuesday rejected their "vague and unparticularized" cla... (more story)

Fla. Court Delays Cosmetic Co. Ch. 11 Plan Over Claim Protest

A Florida bankruptcy judge delayed confirming a cosmetic company's reorganization plan Monday after a creditor protested that its claim was inequitably subordinated in favor of a lender, which agreed to conver... (more story)

Cardi B Wants Sanctions Against YouTuber Who Owes $4M

Rapper Cardi B has urged a Florida bankruptcy judge to sanction Tasha K, alleging the bankrupt YouTuber has been defying the terms of her own Chapter 11 Subchapter V plan by continuing a pattern of disparaging... (more story)

Battery Recycler Wants Ch. 11 Sale Plan That Ends In Mid-May

Battery recycling company Ascend Elements has filed a proposed bidding procedures motion in its Texas Chapter 11 case, seeking to hold a hearing for a sale of its assets by May 17.

Expert Analysis

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)

AI Presents A Make-Or-Break Moment For Outside Counsel

The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of th... (more story)