Large Cap More

McCarter & English Adds Enviro Partner Trio In Indianapolis

New Jersey-based McCarter & English LLP expanded its Indianapolis office with a team of three partners from Ice Miller LLP specializing in complex environmental contamination issues, including brownfield redev... (more story)

Tricolor's Ex-COO Cops To Fraud Charges Tied To Collapse

The former chief operating officer of bankrupt subprime auto lender Tricolor Holdings pled guilty Wednesday to charges stemming from what prosecutors have described as a yearslong scheme to defraud the company... (more story)

Judge OKs Purdue Claims Trustee, Distribution Rules

The New York bankruptcy judge presiding over the Chapter 11 case of former OxyContin maker Purdue Pharma on Wednesday approved the appointment of a trustee to administer neonatal abstinence syndrome claims and... (more story)

Stevens & Lee Adds 5-Atty Bankruptcy Team In New Jersey

Stevens & Lee PC has brought on five Genova Burns LLC lawyers in New Jersey, strengthening the firm's bankruptcy and financial restructuring department.

Builder Files Ch. 11 Suit To Block Solar Panel Collections

Residential developer Taylor Morrison has asked a Delaware bankruptcy judge to bar the buyer of SunPower Corp.'s assets from contacting owners of homes it built, arguing the purchaser can't repossess installed... (more story)

FTX Exec's Wife Gets Trial Date In Campaign Finance Case

A Manhattan federal judge Wednesday scheduled a November trial for crypto-lobbyist Michelle Bond, as she seeks to beat charges alleging she agreed with her husband, jailed former FTX executive Ryan Salame, to ... (more story)

NY Archdiocese Must Turn Over Mediation Docs To Insurers

A New York state court has backed a discovery master's decision that the Archdiocese of New York must hand over files related to mediation talks to Chubb, the latest in insurance coverage litigation for thousa... (more story)

Boy Scouts Trustee Says Insurers Must Hand Over $211M

The official overseeing the Boy Scouts of America's settlement trust urged a Delaware bankruptcy judge to order four insurers to release $211 million in escrowed funds tied to a $1.66 billion deal the debtor r... (more story)

Steward Trust Says Buyers May Have $22M Of Its Money

The plan administrator trust established under Steward Health Care's Chapter 11 plan has asked a Texas bankruptcy judge to make hospital buyers hand over any payments out of an estimated $22 million the trust ... (more story)

Clifford Chance Adds Ex-V&E Debt Finance Atty In Houston

Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.

Mid Cap More

Heritage Coal Ch. 11 Buyer Says It's Owed Refund Now

Entities tied to the former owners of liquidating coal company Heritage Coal told a Delaware bankruptcy judge it is owed a $335,000 refund for equipment it purchased out of the company's Chapter 11 case severa... (more story)

Spanish Broadcasting Gets Green Light For Ch. 11 Plan

A Delaware bankruptcy judge said Thursday he will confirm Spanish-language radio station operator Spanish Broadcasting System's Chapter 11 plan once he gets the final draft of its plan documents, largely overr... (more story)

EV Charging Co. Lenders, Ex-CEO Escape Liquidity Woes Suit

A New York federal judge has trimmed claims and dismissed several defendants from a proposed investor class action against the current and former executives of bankrupt electric-vehicle charging infrastructure... (more story)

Nursing Home Operator Says Ex-Exec Won't Release Emails

Private equity firm and nursing home operator Goldner Capital Management has filed suit against a former director, saying he is refusing to relinquish control of email accounts and a chat channel used by top G... (more story)

Gene Therapy Co. Sangamo Gets Initial OK For $30M DIP

A Delaware bankruptcy judge on Wednesday granted interim approval of a $30 million Chapter 11 financing package for biotechnology company Sangamo Therapeutics Inc., funds that the debtor will use to support a ... (more story)

Mid-Market Staffing Firm Allére Files For Ch. 7 Liquidation

The Allére Group Professional Corporation, a Pennsylvania-based mid-market staffing firm, has filed for Chapter 7 liquidation in Delaware with $11.6 million in liabilities amid a slate of debt collection lawsu... (more story)

Camp Mystic Files For Bankruptcy After Deadly Texas Floods

Camp Mystic filed for Chapter 11 protection in a Texas bankruptcy court Wednesday, almost a year after extreme floods killed 28 people at the summer camp in central Texas.

Fla. Judge OKs Ch. 11 Sale Of Popeyes Restaurants For $16M

A Florida bankruptcy judge on Tuesday approved a Popeyes franchisee's Chapter 11 sale, allowing a roughly $16 million sale of nearly 100 restaurants to five purchasers who secured winning bids at an auction ea... (more story)

Flight Sim Training Co.'s Ch. 11 Liquidation Plan Approved

Pilot training company Avenger Flight Group LLC received approval Tuesday from a Delaware bankruptcy judge for its Chapter 11 liquidation plan to create a trust to provide recoveries to unsecured creditors.

NYC Loft Owner Reaches Pact With JPMorgan In Ch. 11

The owner of a Manhattan loft told a New York bankruptcy judge on Tuesday that it had reached a tentative agreement with lender JPMorgan Chase Bank NA that should enable the bank to take possession of the buil... (more story)

Expert Analysis

A Lender's Guide To Fraud: Identifying Risks

The evolving lending landscape, particularly the private credit boom, has heightened lenders' exposure to fraud, b... (more story)

Brightline Debt Woes Highlight Risks In Private Rail Finance

The reported creditor negotiations and mounting debt obligations of Florida railroad Brightline arrive at a moment... (more story)

UCC Digital Asset Update Is Altering Lender, Obligor Diligence

The rollout of the Uniform Commercial Code's Article 12 is transforming digital asset secured lending, forcing len... (more story)