Large Cap More

Tricolor Execs Accused Of Securities Fraud By SEC

The U.S. Securities and Exchange Commission on Tuesday sued the founder of bankrupt subprime auto lender Tricolor Holdings and two of its executives, accusing them of double pledging collateral and misrepresen... (more story)

Summer Camps' Owner Facing Liquidation, Claims Top $882M

Michael Shabsels, one of the brothers who were in charge of a summer camp and real estate empire before it crashed in June, has two weeks to file financial information in his own Chapter 11 case or else face c... (more story)

Franchise Group Trust Seeks $700M Over Take-Private Deal

The litigation trust created after Franchise Group Inc.'s bankruptcy on Tuesday sued the company's former CEO, advisers and others in the Delaware Chancery Court, accusing them of carrying out a fraudulent tak... (more story)

Salad And Go Can Hold October Ch. 11 Auctions For Leases

A Texas bankruptcy judge agreed on Tuesday to approve bidding procedures for defunct drive-thru chain Salad and Go to hold Chapter 11 auctions in early October for some 82 leases in four states.

Prince Global Liquidators Rip Appeal Of Ch. 15 Recognition

The foreign representatives in charge of Prince Global Holdings have asked a New York federal judge to toss an appeal of an order granting the debtor Chapter 15 recognition, saying the man who mounted the chal... (more story)

Coinbase Must Face Investor Suit Over SEC, Bankruptcy Risks

A New Jersey federal judge on Tuesday denied Coinbase's latest bid to escape a proposed class action accusing it of misleading investors about risks tied to regulatory action and potential bankruptcy, ruling t... (more story)

2nd Circ. Lets Stand Cumulus' Nielsen Data Unbundling Order

The Second Circuit declined Tuesday to reconsider a ruling that Nielsen cannot tie together sales of its local and national radio data, sustaining a win for the troubled Cumulus Media New Holdings Inc. even as... (more story)

Sandy Hook Families Say Alex Jones Co. Can't Dodge Bond

Sandy Hook Elementary School massacre victims' families have asked the Texas Supreme Court to dissolve an appeals court order blocking a receiver from deploying the assets of Alex Jones' Free Speech Systems LL... (more story)

NJ Judge OKs Insurer Deal For $180M Diocese Abuse Fund

A New Jersey bankruptcy judge on Tuesday approved a deal between the Roman Catholic Diocese of Camden, New Jersey, and a group of its insurers to create a $180 million fund to pay sexual abuse claims against the diocese.

​​​​​​​Catching Up With Delaware's Chancery Court

The Delaware Chancery Court last week tackled disputes involving multibillion-dollar mergers, corporate oversight, founder control, SPAC litigation, commercial contracts and attorney fees.

Mid Cap More

Horticultural Supplier BFG Files For Ch. 11 Seeking Sale

A major U.S. distributor of horticultural and agricultural supplies, BFG Supply Co. LLC, filed for Chapter 11 bankruptcy protection in Delaware, reporting between $100 million and $500 million in both assets a... (more story)

Medical Staffing Co.'s Ex-CFO Beats Fiduciary, Fraud Claims

The Delaware bankruptcy court has thrown out claims from American Physician Partners' liquidating trustee alleging the company's former chief financial officer breached fiduciary duties by taking a bonus and o... (more story)

MMA Law Tells 5th Circ. It Didn't Waive Hurricane Suit Fees

MMA Law Firm has urged the Fifth Circuit to vacate a Texas federal district court ruling against it, arguing the district court did not have jurisdiction to hear an appeal of a bankruptcy court's decision to g... (more story)

Ch. 11 Dismissal Bid Fans Flames In Power Plant Control Fight

Omnis Pleasants' parent company formally moved for dismissal of the West Virginia coal plant's Chapter 11 proceeding in Delaware, alleging the case was launched to gain an advantage in pending governance litig... (more story)

Battery Recycler Wins Plan OK Over US Trustee Objection

A Texas bankruptcy judge Monday approved the post-sale Chapter 11 liquidation plan of battery recycler Ascend Elements, overruling an objection from the U.S. Trustee's Office to an exculpation for the sole mem... (more story)

Nussbaum-Linked Firms' Ch. 11s Tossed For Bad Faith

A New York bankruptcy judge has dismissed the Chapter 11 cases of two commercial real estate law firms headed by Mark J. Nussbaum, finding their petitions were filed in bad faith and that the cases instead bel... (more story)

SiFi Networks Gets OK To Take Ch. 11 Plan Votes

A Delaware bankruptcy judge said that privately owned telecommunications company SiFi Networks America LLC can solicit votes on its combined Chapter 11 plan and disclosure statement.

Real Estate Cos.'s Ch. 11 Moved To Okla. From Texas

A Texas bankruptcy court Monday transferred cases involving Oklahoma apartment complexes to the Western District of Oklahoma.

Orrick Settles €21M Negligence Claim Over Debt Advice

Orrick Herrington & Sutcliffe (UK) LLP has settled a claim by a hedge fund accusing the firm of negligence, alleging it failed to advise it to enforce a €21 million ($24.3 million) debt in a French energy group's insolvency.

NYC Real Estate Week In Review

Willkie and Greenberg Traurig are among the law firms that picked up work on the top New York City real estate deals that hit public records last week, with a $310 million Manhattan trade leading the way.

Expert Analysis

Law School's Missed Lessons: Surviving A Long Trial

Most of law school trial advocacy is geared toward the sprint of trying a short case, but beyond managing a cross-... (more story)

Going To Hardcore Shows Makes Me A Better Lawyer

While government contracts law and the hardcore scene may seem entirely unrelated, in my experience, both are abou... (more story)

Student Loan Revamp Leaves Bankruptcy Untouched

Recent changes to the Graduate PLUS student loan program may moderate borrowing and simplify repayment, but they m... (more story)