Del Monte Minority Lenders' Ch. 11 Direct Appeal Move Fails
A New Jersey bankruptcy judge denied a motion from minority secured lenders of fruit company Del Monte seeking certification for a direct appeal of the company's Chapter 11 plan confirmation order Thursday, sa... (more story)
Watchdog Says Trinseo's Ch. 11 Bank Extension Risks $55M
The U.S. Trustee's Office objected to a request from bankrupt plastics maker Trinseo PLC to extend the deadline by which it needs to comply with bank deposit requirements, saying the debtor is trying to run ou... (more story)
QVC Wins Approval Of $5B Ch. 11 Plan
A Texas bankruptcy judge has given the green light to home shopping company QVC Group's Chapter 11 plan to eliminate most of its $6.5 billion in debt, rejecting objections to the proposal, including a challeng... (more story)
Simpson Thacher 'Never' Explained Ill-Fated Deal, Exec Says
A founder seeking over $100 million from Simpson Thacher & Bartlett over a transaction he says destroyed his insurance services company testified Thursday the law firm provided him no education on various word... (more story)
Circuit-By-Circuit Guide To The US Supreme Court's Term
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu... (more story)
'I Won't Be A Silent Jury,' Judge Says As SVB Trial Wraps
The California federal judge overseeing the bench trial on the Federal Deposit Insurance Corporation's claim that Silicon Valley Bank's officers mismanaged its assets before the bank's 2023 collapse told the t... (more story)
Dish Bankruptcy Puts Disney's Sling TV Suit On Hold
A New York federal judge has paused Disney's suit accusing Dish Network of improperly offering Sling TV to its subscribers, in order to allow Dish to resolve its bankruptcy issues in Texas, with the judge orde... (more story)
Judge Warns Of 'Bankruptcy Tourism' In NFE Ch. 15 Ruling
A New York bankruptcy judge has expressed concerns about "bankruptcy tourism" by U.S. companies that launch overseas insolvency cases then begin Chapter 15 proceedings stateside, saying in a ruling granting re... (more story)
Limetree Refinery Cos. Reach $35M Deal In Toxic Leak Action
Affiliates of the former operator of a U.S. Virgin Islands oil refinery have reached a $35 million settlement of proposed class action claims from local residents concerning water contamination from oil releas... (more story)
Simpson Thacher Put Co. Out Of Business, Fla. Jury Told
Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening argu... (more story)