LIV Golf, BC Partners Strike $300M Restructuring Deal
LIV Golf is asking a New Jersey bankruptcy judge to approve a restructuring support agreement it reached with private equity firm BC Partners, which would provide a $300 million investment in the league as it ... (more story)
Catching Up With New Bankruptcy Case Action
A pool supplier hit Chapter 11 with a $685 million debt-for-equity swap plan, Brazilian construction conglomerate Andrade Gutierrez Engenharia asked for Chapter 15 recognition, and a spa in the Catskills sough... (more story)
Miss America CEO Says Carlton Fields' Fee Lien Lacks Detail
Miss America CEO Robin Fleming is asking a Florida federal court to require Carlton Fields to provide more specific information about a charging lien the firm has asserted over unpaid legal fees in litigation ... (more story)
Spirit's Data Sale To Google Protects Consumers, Court Told
Spirit Airlines and Google have taken "consequential steps" to protect the privacy of millions of consumers whose data is being sold as part of the airline's bankruptcy, a consumer privacy ombudsman said in a ... (more story)
Jackson Walker Deal Stalled By Standing Issue, Trustee Says
The U.S. Trustee's Office told a Texas federal judge that its settlement with Jackson Walker LLP to disgorge fees from cases touched by scandal is on ice while a bankruptcy judge examines the watchdog's standi... (more story)
Court Rejects Oakland Diocese's $180M Ch. 11 Plan
The Roman Catholic Diocese of Oakland, California, has failed to get a $180 million Chapter 11 plan confirmed, with a bankruptcy judge saying the religious organization failed to show that sexual abuse survivo... (more story)
BioXcel's Ch. 11 Stayed Securities Settlement, Judge Says
BioXcel Therapeutics' Chapter 11 filing paused a securities class action against it, a Delaware bankruptcy judge ruled Monday, after a federal court had pressed the life sciences group for a more detailed time... (more story)
Inspired Healthcare Gets OK For $713M Sale
A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will them... (more story)
IRS Loses Bid For Tax Withholdings In Ch. 11 Camp Sales
A New Jersey bankruptcy judge determined on Monday that the buyers of seven summer camps owned by Simad Holdings Ltd. need not withhold taxes under rules governing the sale of U.S. property by foreign owners, ... (more story)
5th Circ. Stays Barretts Talc Trial Ahead Of Arguments
The Fifth Circuit has agreed to pause a Texas federal court trial on whether talc sold by Barretts Minerals Inc. contained cancer-causing asbestos, saying it would hear argument in December on talc claimants' ... (more story)