To access this content, a subscription to Bankruptcy Authority is required.
Meet The Attys Powering EV Battery Swap Biz Ample's Ch. 11
Ample, a company developing quick battery swap stations for electric vehicles, has filed for bankruptcy protections in Texas, saying it was unable to drum up enough investments to commercially scale up. It has tapped a team of attorneys from Pillsbury Winthrop Shaw Pittman LLP to drive its Chapter 11 sale plans.
Tricolor Execs Charged, Spirit Scores $100M Funding
A New York federal grand jury indicted former executives of Tricolor Holdings on fraud charges, while Spirit Airlines lined up an additional $100 million in financing. Akoustis Technologies won court approval to carry out its Chapter 11 liquidation plan, and the Roman Catholic Diocese of Oakland, California, and abuse claimants agreed to continue talks toward a reorganization plan.
Boies Schiller Partner Pitched As First Brands Examiner
A Boies Schiller Flexner LLP partner with experience in matters spanning from asset recovery to international investigations and high-wire global matters has been tapped to probe the bankruptcy of auto parts maker First Brands Group as a Chapter 11 examiner.
Meet The Attys Powering EV Battery Swap Biz Ample's Ch. 11
Ample, a company developing quick battery swap stations for electric vehicles, has filed for bankruptcy protections in Texas, saying it was unable to drum up enough investments to commercially scale up. It has tapped a team of attorneys from Pillsbury Winthrop Shaw Pittman LLP to drive its Chapter 11 sale plans.
Tricolor Execs Charged, Spirit Scores $100M Funding
A New York federal grand jury indicted former executives of Tricolor Holdings on fraud charges, while Spirit Airlines lined up an additional $100 million in financing. Akoustis Technologies won court approval to carry out its Chapter 11 liquidation plan, and the Roman Catholic Diocese of Oakland, California, and abuse claimants agreed to continue talks toward a reorganization plan.
Boies Schiller Partner Pitched As First Brands Examiner
A Boies Schiller Flexner LLP partner with experience in matters spanning from asset recovery to international investigations and high-wire global matters has been tapped to probe the bankruptcy of auto parts maker First Brands Group as a Chapter 11 examiner.
Expert Analysis
Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified th... (more story)
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems ... (more story)
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receive... (more story)
Large Cap More
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 b... (more story)
A360 Media LLC and Bauer Media Group USA LLC are urging a New Jersey federal judge to award them more than $520,000 in attorney fees and costs after defeating a former executive's ERISA severance suit, arguing... (more story)
A Texas bankruptcy judge said Monday that auto-parts maker First Brands Group can access about $60 million in cash held by customers or stuck in segregated accounts, while setting up a January hearing to handl... (more story)
The International Legal Finance Association has honored Kobre & Kim LLP, Boies Schiller Flexner LLP, Irell & Manella LLP and McDonald Hopkins LLC for trailblazing work in high-stakes litigation and facilitatin... (more story)
Sporting gear and golf course design firm Nicklaus Cos. has asked the Delaware bankruptcy court to invalidate the liens of its largest creditor and to provide clarity on its claim status ahead of a proposed as... (more story)
The mediator overseeing talks between Del Monte and the creditors in its Chapter 11 case reported on Friday that the canned food giant's prospective buyers had agreed to pay unsecured creditors $8 million whil... (more story)
Eletson Holdings on Friday argued in support of its bid to subpoena Reed Smith LLP and Rolnick Kramer Sadighi LLP as the shipping company seeks to enforce judgments of up to $873,000 that it won in September, ... (more story)
A Texas bankruptcy judge agreed Thursday to approve bankrupt subprime car loan lender Tricolor's procedures for a quick sale of about 10,000 cars in its inventory, saying the debtor appeared to have earned its... (more story)
A Delaware bankruptcy judge Thursday denied a request from Yellow Corp.'s creditors committee to pay its investment banker an additional $3.75 million, finding the adviser knew the former trucking company's Ch... (more story)
McGuireWoods LLP announced Thursday that it has hired a former senior bankruptcy counsel at the U.S. Department of Justice, whose experience includes the two largest offshore oil and gas bankruptcies in U.S. history.
Mid Cap More
The battle for plus size fashion retailer Ashley Stewart is continuing in a Delaware bankruptcy court, with one director seeking to dismiss the case while others are calling for a court-appointed trustee to in... (more story)
A south Texas concrete company has faulted a reduction in residential construction projects caused by increased immigration enforcement actions for its Chapter 11 filing, saying its recent growth was stalled b... (more story)
A Delaware bankruptcy judge Monday declined to grant final approval of US Magnesium's $11.5 million in Chapter 11 financing, saying it was too early to authorize that relief as parties in the case continue to ... (more story)
Flipcause Inc., which provides software as a service that helps small nonprofits raise money, filed for Chapter 11 protection in Delaware on Friday with $30.5 million of liabilities after the payment processor... (more story)
A Delaware judge on Friday gave interim approval to bankrupt education software company Conscious Content Media to tap part of a $10 million debtor-in-possession loan facility, over objections from the Office ... (more story)
The escrow agent holding $1.6 million related to the developer of the former Hudson Hotel near Manhattan's Columbus Circle has sued the debtor in Delaware bankruptcy court in an effort to resolve conflicting i... (more story)
Eye disease treatment developer Clearside Biomedical on Friday got permission from a Delaware bankruptcy judge for a January auction of its assets after saying it had resolved objections from shareholders and ... (more story)
Most counts have gone forward in a Delaware Court of Chancery suit alleging an unfair "blank check" company take-public merger with a since-reorganized electric vehicle company that faced allegedly undisclosed... (more story)
Ashley Stewart, a plus-size clothing retailer, has petitioned for Chapter 11 protection in New Jersey bankruptcy court, listing between $50 million and $100 million of liabilities and seeking to void the sale ... (more story)
The Roman Catholic Diocese of Oakland and representatives of sexual abuse claimants told a California bankruptcy judge Thursday they are ready for another month of talks to try and reach an agreement on a Chap... (more story)