QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.
Monette Farms secured Chapter 15 recognition, the Eighth Circuit agreed that a company seeking to depose its former counsel was improperly seeking information it previously pursued in civil cases and a bankruptcy, and Yellow Corp. was given the green light to abandon products it purchased from Goodyear but never collected.
Unsecured creditors of home shopping company QVC now have an official committee with its own proposed counsel, Pachulski Stang Ziehl & Jones LLP, a firm well known for high-stakes creditor work.
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QVC will seek final approval of its bankruptcy funding, e-commerce group Food52 will vie for confirmation of its liquidation plan, and First Brands Group will also court a judge's approval of its Chapter 11 plan.
Monette Farms secured Chapter 15 recognition, the Eighth Circuit agreed that a company seeking to depose its former counsel was improperly seeking information it previously pursued in civil cases and a bankruptcy, and Yellow Corp. was given the green light to abandon products it purchased from Goodyear but never collected.
Unsecured creditors of home shopping company QVC now have an official committee with its own proposed counsel, Pachulski Stang Ziehl & Jones LLP, a firm well known for high-stakes creditor work.
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May 15, 2026
A Texas federal judge on Friday dismissed Alex Jones' appeal over whether Infowars operator Free Speech Systems LLC's assets are part of his Chapter 7 estate, a move that continues to allow the families of victims of the Sandy Hook Elementary School shooting to pursue assets through state-court collection efforts that would help satisfy judgments exceeding $1 billion.
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May 15, 2026
A Texas bankruptcy judge Friday limited the liabilities that the buyer of Prospect Medical's California assets had assumed to the unknown medical malpractice claims from after the debtor filed for Chapter 11 relief early last year.
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May 15, 2026
The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a nearly $5 billion arbitral award against the country, Russia told the D.C. Circuit Friday.
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May 15, 2026
Bankrupt restaurant chain owner Fat Brands has brought an adversary proceeding in Texas seeking to reverse a prepetition debt refinancing transaction that it alleged was a fraudulent transfer of company assets that strengthened the secured claims of a lender with no benefit to the debtor's estate.
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May 15, 2026
The operator of Infowars says bankrupt broadcaster Alex Jones has a legal right to "freely compete" with his former outlet, telling a Texas appeals court the website shut down because a court-appointed receiver failed to pay a third-party streaming service, not because Jones absconded with its property.
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May 15, 2026
As attitudes toward cannabis have relaxed in recent years in the U.S., Weil Gotshal & Manges LLP partner David J. Cohen saw an opening to restructure The Cannabist Co. Holdings Inc.'s business with Chapter 15 recognition of its Canadian insolvency proceeding, a strategy that hadn't been tried by any other marijuana businesses.
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May 15, 2026
Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.
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May 15, 2026
Chinese property developer Kaisa Group received recognition of its Hong Kong insolvency proceeding, under which it is seeking to restructure its more than $15 billion of debt.
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May 15, 2026
The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.
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May 14, 2026
The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.
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May 14, 2026
The U.S. Trustee's Office objected to the Chapter 11 plan of reorganization for wind blade maker TPI Composites, telling a Texas court the plan includes third-party releases barred by the U.S. Supreme Court in its Purdue ruling.
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May 14, 2026
The U.S. Trustee's Office is asking a Texas bankruptcy judge to convert First Brand's Chapter 11 case to a Chapter 7 liquidation, saying the auto-parts maker admitted in its proposed restructuring plan it cannot pay the expenses it has incurred during the case on time.
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May 14, 2026
A group of former FTX customers has sued Fenwick & West LLP in federal court in Washington over its work representing FTX from 2018 to 2022, seeking to recover more than $525 million for losses stemming from the cryptocurrency exchange's collapse.
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May 14, 2026
A Delaware bankruptcy judge Thursday ruled an investor who signed on to a last-minute offering by cryptocurrency platform FTX does not have a claim for fraud, saying it went into the transaction knowing the company was close to collapse.
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May 14, 2026
Blank Rome LLP has added a former Husch Blackwell LLP lawyer to its finance, restructuring and bankruptcy practice in Dallas as the firm continues to strengthen its investment in the north Texas market.
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May 13, 2026
A Texas bankruptcy judge Wednesday approved the $250 million sale of Omnicare, the bankrupt long-term care facility pharmacy unit of CVS, to the stalking horse for its Chapter 11 auction.
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May 13, 2026
Laid-off employees of Spirit Airlines have filed a putative class action against the debtor, demanding two months' pay and benefits following Spirit's abrupt shutdown and the loss of their jobs.
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May 13, 2026
First Brands secured a Texas bankruptcy judge's sign-off Wednesday on the $80 million sale of Toledo Molding & Die, a deal that is expected to preserve 600 jobs and help the troubled auto parts group pay down its debt.
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May 13, 2026
The recovery trust of defunct cryptocurrency exchange FTX has called a crypto hedge fund's $200 million claim "frivolous," countering that it is the hedge fund that owes the estate $84 million for a line of credit FTX had extended.
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May 12, 2026
Del Monte Foods defended its Chapter 11 liquidation plan at a confirmation hearing Tuesday in New Jersey, arguing that, despite what a group of lenders has said, the debtor ran a transparent bankruptcy process that resulted in three separate sales.
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May 12, 2026
White & Case said Modivcare Inc. should be held in contempt for not moving $1.6 million to a Texas bankruptcy court escrow, intensifying a fight over fees the law firm racked up representing unsecured creditors in the reorganized healthcare services group's Chapter 11.
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May 12, 2026
NextEra Energy has agreed to shell out $9.5 million to put to rest proposed class action allegations it conspired with other nuclear energy producers to fix wages, according to a notice filed Tuesday in Maryland federal court.
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May 12, 2026
Fox Rothschild LLP has expanded its litigation department in West Palm Beach, Florida, with a new partner from Nelson Mullins Riley & Scarborough LLP.
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May 12, 2026
Inspired Healthcare said it resolved the remaining opposition to its bid to retain Reid Collins & Tsai LLP to help investigate pre-Chapter 11 causes of action, saying the latest version of its retention order allows any party to call for an examiner.
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May 12, 2026
A prison healthcare company filed for Chapter 11 in light of up to $400 million in litigation liabilities, a Mexico-based marine oil rig service company sought U.S. recognition of a foreign insolvency and a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings also filed for Chapter 15 protection.