Catching Up With New Bankruptcy Case Action
A Colorado theme park that is facing a wrongful death judgment, a Florida-based flight simulator company and a Pennsylvania cookie shop chain were among the latest new debtors to seek Chapter 11 relief.
Meet The Attorneys Piloting FLOAT Alaska's Ch. 11
A trio of Saul Ewing LLP lawyers is helping regional air operator FLOAT Alaska LLC and affiliates navigate a course through bankruptcy that aims to avoid a piecemeal liquidation.
Meet The Attys In Packaging Co. Pretium's Prepack Ch. 11
Pretium Packaging, a private equity-backed maker of rigid plastic containers, has hired attorneys from Cole Schotz PC and Kirkland & Ellis LLP to steer it through a prepackaged bankruptcy it began after struggling to stabilize its business in the face of more than $1 billion in debt.
Catching Up With New Bankruptcy Case Action
A Colorado theme park that is facing a wrongful death judgment, a Florida-based flight simulator company and a Pennsylvania cookie shop chain were among the latest new debtors to seek Chapter 11 relief.
Meet The Attorneys Piloting FLOAT Alaska's Ch. 11
A trio of Saul Ewing LLP lawyers is helping regional air operator FLOAT Alaska LLC and affiliates navigate a course through bankruptcy that aims to avoid a piecemeal liquidation.
Meet The Attys In Packaging Co. Pretium's Prepack Ch. 11
Pretium Packaging, a private equity-backed maker of rigid plastic containers, has hired attorneys from Cole Schotz PC and Kirkland & Ellis LLP to steer it through a prepackaged bankruptcy it began after struggling to stabilize its business in the face of more than $1 billion in debt.
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Large Cap More
A Texas bankruptcy judge Wednesday approved solar energy developer Pine Gate Renewables' bid to liquidate its business in Chapter 11, after the debtor sold the bulk of its assets during its roughly three-month-long case.
A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.
A group of talc liability claimants on Wednesday asked the Second Circuit to find reorganized cosmetics company Revlon has to pay out for their injury claims despite those claims being filed past the deadline ... (more story)
CCA Construction Inc., a subsidiary of a Chinese state-owned firm, has emerged from Chapter 11, months after a New Jersey bankruptcy judge agreed to approve its settlement with a Bahamian resort developer whos... (more story)
A Texas bankruptcy judge warned an Arizona man that he may have been improperly acting as an attorney for dozens of individuals who filed nearly identical pro se motions in the Chapter 7 case of subprime auto ... (more story)
The Roman Catholic Diocese of Camden, New Jersey, and its insurers on Tuesday agreed to pay another $180 million into a trust for the benefit of survivors of clergy sexual abuse, reaching a deal with a tort cl... (more story)
The Roman Catholic Diocese of Oakland and representatives for sexual abuse claimants told a California bankruptcy judge on Tuesday they will be filing competing versions of a plan to settle hundreds of abuse c... (more story)
Unsecured noteholders for bankrupt label-maker Multi-Color Corp. are suing Barclays Bank PLC as Multi-Color's collateral agent, seeking a declaration that the bank holds liens only on some assets and not "subs... (more story)
Bankrupt luxury retailer Saks Global told a Texas court that two leased store locations can't be repossessed by landlord Simon Property Group because the leases were not properly terminated before the Chapter ... (more story)
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
Mid Cap More
The litigation trust established by the bankrupt operator of three New Jersey hospitals on Wednesday filed a suit against Cigna in Delaware bankruptcy court, accusing the health insurer of underpaying the hosp... (more story)
A real estate rental agency told North Carolina's high court Wednesday that it didn't miss its chance to collect a $507,000 debt because a decade-long statute of limitations period for judgment renewal was tol... (more story)
Rent-to-own furniture and appliance retailer Buddy Mac Holdings said it had received two offers for its assets, but that its stalking horse bidder decided not to bid on the assets being sought by new bidder SK... (more story)
The U.S. Trustee's Office has urged the Delaware bankruptcy court to block Village Roadshow's attempt to solicit votes on its Chapter 11 liquidation plan, arguing that sweeping third-party releases in the film... (more story)
Vanderbilt Minerals, which mines and processes clay and other materials, has filed for Chapter 11 bankruptcy protection, citing an increase in lawsuits over alleged cancer-causing asbestos in its products.
Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's account... (more story)
Organic supermarket chain Earth Fare and its post-bankruptcy owner told North Carolina's top court on Tuesday that its founder can't recover damages for work he was salaried to do while revitalizing the brand,... (more story)
The Third Circuit on Tuesday upheld a bankruptcy court's order prohibiting the Chester Water Authority from probing the bankrupt Pennsylvania city's attempts to dissolve the water authority and use its assets in Chapter 9.
Lehotsky Keller Cohn LLP is asking a Texas bankruptcy judge to sanction members of the board of bankrupt cryptocurrency miner Rhodium Encore LLC and their attorneys, saying they used false claims of misconduct... (more story)
A New Jersey state court lacks standing to block an appellate panel's removal of Beasley Allen from representing hundreds of women with ovarian cancer pursuing claims against Johnson & Johnson over talcum powd... (more story)