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Cole Schotz Adds Corporate Attorney From Gellert Seitz

Cole Schotz PC has brought on an attorney in Delaware from Gellert Seitz Busenkell & Brown LLC who specializes in handling corporate, securities and bankruptcy-related disputes.

Trinseo Kicks Off Ch. 11 Trial As Creditors Feud Over LMEs

Trinseo PLC and feuding creditor groups on Wednesday launched opening salvos at a hearing on the plastics maker's bid to trim about $2 billion in debt under a Chapter 11 plan, kicking off a trial in Texas bank... (more story)

New Judge Mulls Celsius Customer Clawback Timeline

A New York bankruptcy judge Wednesday seemed inclined to hear key questions regarding a slate of clawbacks against former customers of defunct cryptocurrency platform Celsius, even as a subset of the customers... (more story)

Guo Daughter Asks Justices To Hear $60M Yacht, Escrow Row

Exiled Chinese businessman Miles Guo's daughter has asked the U.S. Supreme Court to review decisions transferring a yacht that sold for $23 million plus a $37 million escrow fund to her father's Connecticut Ch... (more story)

Omnicare Can Solicit Plan Votes After $440M DOJ Deal OK'd

A Texas bankruptcy judge Wednesday gave CVS unit Omnicare clearance to solicit votes on its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office were more relevant to the confirmation stage.

BakerHostetler Faces Possible RICO Claim From Ex-Client

A trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice has asked a Georgia federal court to allow him to accuse the former de facto general counsel and business adviser of ... (more story)

Rising Star: Cleary's Thomas Kessler

Thomas Kessler of Cleary Gottlieb Steen & Hamilton LLP guided airline Azul's Chapter 11 plan as counsel to the ad hoc secured creditor group that sponsored the plan, as well as helped crypto company Genesis re... (more story)

Weil Leader: NYC Class A Office Having Year Of The Century

New York City is having the strongest Class A office leasing year this century, one of Weil's real estate leaders told Law360 Real Estate Authority in a recent interview.

Judge Sends 777 Partners Back To Table On Ch. 11 Funding

A Texas bankruptcy judge Tuesday deferred his decision on whether to give interim approval to investment firms 777 Partners and 600 Partners to tap into $2.5 million in debtor-in-possession financing, giving t... (more story)

Dish, Creditors Clash Over FCC Order's Effect On Ch. 11

Dish DBS and its creditors disagreed Tuesday about the impact of a recent Federal Communications Commission order, with the debtor arguing a $2.4 billion trust established by its parent company, EchoStar, now ... (more story)

Mid Cap More

9th Circ. Upholds Ex-ITT Students' $12M Loan Fraud Win

The Ninth Circuit Wednesday affirmed a $12 million judgment to former students of bankrupt for-profit college ITT Education Services Inc., saying their RICO claims against student loan servicers weren't time-b... (more story)

Judge Says NS8 Ex-CEO Owes At Least $68M In Suit

A Delaware bankruptcy judge declared that the convicted co-founder and former CEO of NS8 Inc. owes at least about $68 million to the litigation trustee appointed under the cybersecurity company's bankruptcy plan.

Pittsburgh's Oldest Brewery Ends Ch. 11 As Sale Looms

A Pennsylvania bankruptcy judge on Wednesday agreed to end a Chapter 11 case filed by Pittsburgh's purported oldest brewery, which claims there's no possibility of continued operation under its current ownersh... (more story)

Utility Project Co. Tetrad Enterprises Hits Ch. 11 In Puerto Rico

Tetrad Enterprises LLC, a project development company focused on large-scale utility and infrastructure projects, filed for Chapter 11 bankruptcy protection in Puerto Rico for the second time since last year, ... (more story)

Instant Brands Trustee Dispute Continues Amid NY Suit

A Texas bankruptcy judge on Tuesday asked attorneys for Instant Brands' litigation trustee and Cornell Capital to return to court in the next few weeks for a hearing on a dispute surrounding the trustee's plan... (more story)

SEC, CFTC Sue Goliath Over $400M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission sued bankrupt cryptocurrency investment firm Goliath Ventures Inc. and its founder Tuesday claiming they orchestrated a ... (more story)

Ch. 11 Trustee Seeks Contempt Over Condo Rent Scheme

The Chapter 11 trustee in the bankruptcy of Waterfront Resort Holdings, the owner of 105 unsold condominium units in New York City, has urged a bankruptcy judge to consider whether three individuals involved i... (more story)

NY Archdiocese Renews Call For Chubb Punitive Damages

The Archdiocese of New York is taking a second bite at the apple in state appeals court with a request for punitive damages against Chubb, alleging the insurer ran a "shadow campaign" against the archdiocese e... (more story)

Rising Star: Weil's Clifford Carlson

Clifford Carlson of Weil Gotshal & Manges LLP has been on the front lines of some of the most complex Chapter 11 cases filed in Houston's bankruptcy court in recent years as debtor's counsel to multistate hosp... (more story)

Dolphin Park Co. Seeks OK For $2M Asset Sale

Dolphin park owner Leisure Investments has urged the Delaware bankruptcy court to approve the sale of its assets for $2 million.

Expert Analysis

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)

QVC Ch. 11 Confirmation Shows Independent Directors' Value

QVC's recently confirmed Chapter 11 plan joins a growing body of restructuring precedent demonstrating that well-f... (more story)