Affiliates of New Fortress Energy asked a U.S. court to recognize their bankruptcies in the U.K. Polish subsidiaries of alternative energy investment company GoldenPeaks Capital began a Chapter 11 proceeding. And an artificial intelligence-enabled voice generating software company entered Chapter 7.
A team of attorneys from Schwartz PLLC is leading e-commerce platform Society Pass Inc. through Chapter 11 in Texas as it seeks a breathing spell following an $11 million judgment against the company in favor of a former employee.
When cryptocurrency ATM operator Bitcoin Depot Inc. hit Chapter 11 in mid-May, it had already begun seeking potential buyers for its specialized kiosks. Now, the debtor's lawyers from Vinson & Elkins LLP are moving ahead with a sale process, which is a core component of its plan to wind down operations.
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Affiliates of New Fortress Energy asked a U.S. court to recognize their bankruptcies in the U.K. Polish subsidiaries of alternative energy investment company GoldenPeaks Capital began a Chapter 11 proceeding. And an artificial intelligence-enabled voice generating software company entered Chapter 7.
A team of attorneys from Schwartz PLLC is leading e-commerce platform Society Pass Inc. through Chapter 11 in Texas as it seeks a breathing spell following an $11 million judgment against the company in favor of a former employee.
When cryptocurrency ATM operator Bitcoin Depot Inc. hit Chapter 11 in mid-May, it had already begun seeking potential buyers for its specialized kiosks. Now, the debtor's lawyers from Vinson & Elkins LLP are moving ahead with a sale process, which is a core component of its plan to wind down operations.
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June 02, 2026
The unsecured creditors committee for bankrupt investment company Michal International Investment LLC sued another creditor alleging it schemed to outflank stakeholders by placing liens on debtor assets via a chosen manager.
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June 02, 2026
The U.S. government has asked a Delaware bankruptcy judge to reject Alachua Government Services' disclosure statement for its liquidation plan, saying the biotechnology company is proposing to shortchange the Department of Defense's claims against the debtor.
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June 02, 2026
A New Jersey-based bankruptcy partner at Fox Rothschild LLP has been censured by the Supreme Court of New Jersey after she was found to have wrongfully disbursed over $2.7 million in fees to her former firms without approval.
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June 02, 2026
A Texas bankruptcy judge on Tuesday gave a pair of bankrupt fracking sand miners until next week to finalize a last-minute cash offer for their businesses after hearing no one had bid at the debtors' asset auction last week.
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June 01, 2026
The bankruptcy plan administrator for the genetic testing company formerly known as 23andMe is urging a Missouri bankruptcy court to shut down a lawsuit recently lodged by California's attorney general that seeks to recoup potentially millions of dollars in statutory penalties for the company's alleged security and disclosure failings stemming from a 2023 data breach.
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June 01, 2026
A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hired to represent an investment fund is not responsible for the revocation of a visa for one of the fund's co-founders after he was terminated, judges in Suffolk County's Business Litigation Session concluded in May.
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June 01, 2026
A Florida bankruptcy court judge has dismissed the Chapter 13 case of a suspended lawyer facing state bar disciplinary charges over allegations that he defrauded dozens of clients by charging them legal fees for cases that he abandoned.
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June 01, 2026
A Delaware bankruptcy judge Monday heard cybersecurity firm IronNet is still about $1 million behind on its Chapter 11 payment obligations and a motion to dismiss the case is still on the table.
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June 01, 2026
A Delaware bankruptcy court approved home lending broker Impac Mortgage Holdings Inc.'s Chapter 11 plan, Canadian furniture company Bestar Inc. got Chapter 15 recognition and a Texas judge refused First Brands' bankruptcy plan disclosure.
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May 29, 2026
A New York bankruptcy judge on Friday questioned whether his court was the proper venue to wind down two commercial real estate law firms headed by Mark J. Nussbaum as the debtors sought to ditch an assignment for the benefit of creditors process in New York state court.
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May 29, 2026
QVC will seek approval for its bankruptcy plan, Fat Brands will seek approval for its bankruptcy plan disclosures, and Rhodium Encore's former lawyers will seek sanctions from its board of directors.
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May 29, 2026
The U.S. Trustee's Office has moved to dismiss the Chapter 11 case of World Cafe Live, a nonprofit live performance venue in Philadelphia, arguing that the debtor failed to file monthly operating reports on time.
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May 29, 2026
Artificial intelligence-enabled voice generating software company Lovo Inc. has filed for Chapter 7 protection in New York in the midst of an ongoing putative class action brought by voice actors alleging their voices were used by the company without permission.
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May 29, 2026
The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.
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May 29, 2026
Urgent care company Carbon Health Technologies on Friday secured a Texas bankruptcy judge's approval of its Chapter 11 plan, letting the debtor set up a $12 million trust for creditors and reorganize its business with about $30 million in new funding.
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May 28, 2026
California moved Thursday to sue the genetic testing company formerly known as 23andMe over a 2023 data breach that exposed the personal information of nearly 7 million customers, arguing that the company failed to implement even the most basic security measures and misled consumers about the scope of its safeguards and severity of the breach.
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May 28, 2026
A Virginia federal judge won't intervene in a deal resolving a proposed Fair Credit Reporting Act class action against Equifax, ruling that the undisclosed settlement, which was announced prior to class certification, had not been "tainted by collusion."
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May 28, 2026
The Sixth Circuit revived part of the estate of late Parliament-Funkadelic keyboardist George "Bernie" Worrell's copyright suit against group co-founder George Clinton and his company Thang Inc., ruling that a jury must decide whether Worrell partly owned the recordings he helped create.
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May 28, 2026
Makeup ingredient supplier Miyoshi America is slated to appear in Texas bankruptcy court June 3 to seek confirmation of its Chapter 11 plan, which the company says will resolve its outstanding talc injury liability.
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May 28, 2026
Bankrupt home lending broker Impac Mortgage Holdings Inc. received approval on Thursday from a Delaware bankruptcy judge for its restructuring plan that swaps $24 million in senior secured debt for equity.
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May 28, 2026
QVC's preferred shareholders objected to the company's Chapter 11 plan as they seek to end the debtor's plan exclusivity in the case. Meanwhile, watchmaker E. Gluck Corp. secured conditional approval of its liquidation plan. And a tour bus company involved in a fatal upstate New York crash launched a Chapter 7 case.
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May 28, 2026
A Delaware bankruptcy judge on Thursday granted Chapter 15 recognition to Canadian furniture company Bestar Inc. over the objection of a landlord seeking a $250,000 security deposit for potential damages that could occur when Bestar's foreign representative begins to liquidate a western New York factory next month.
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May 28, 2026
A Delaware bankruptcy judge on Thursday granted conditional approval to the Chapter 11 plan disclosure statement of cryptocurrency trading platform BlockFills, saying issues over the opt-out release mechanism in the proposal can be argued at a confirmation hearing.
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May 28, 2026
Pashman Stein Walder Hayden PC brought on a partner in New Jersey from Genova Burns LLC specializing in bankruptcies, restructurings and state court insolvencies, the firm announced Thursday.
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May 28, 2026
Dechert LLP has continued its hiring spree of former McDermott Will & Schulte attorneys, adding its fourth restructuring partner from the firm this month.