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First Brands Objectors File Alternative Ch. 7 Conversion Order

A group of affiliates of Evolution Credit Partners filed their own version of a Chapter 7 conversion order in the bankruptcy case of First Brands Group, saying the debtor's proposal does not preserve any right... (more story)

Judge Backs Carlton Fields' Bid To Seek Miss America Fees

A Florida federal magistrate judge on Tuesday recommended allowing Carlton Fields PA to intervene in a $500 million dispute over the ownership of the Miss America competition, one day after the company's CEO f... (more story)

Ex-Judge To Guide Fund Wind-Down In Elliott-Stronghold Row

A Delaware vice chancellor has appointed former U.S. Bankruptcy Judge Christopher S. Sontchi as a special magistrate to oversee the wind-down of an oil and gas investment fund at the center of litigation betwe... (more story)

Fla. Bar Seeks Protective Order Against Suspended Atty

The Florida Bar has asked the state's highest court for a protective order to "substantially" limit a suspended lawyer's "unduly burdensome" and "excessive" initial request for production of documents in a pro... (more story)

Judge OKs Liquidation Plan For Nicklaus-Founded Golf Co.

A Delaware bankruptcy judge Tuesday signed off on the Chapter 11 plan for a golf merchandise and course design company founded by legend Jack Nicklaus after hearing there was no opposition to how the plan will... (more story)

TelePacific Accuses Software Co. Of Ch. 11 Stay Violations

Bankrupt telecommunications company U.S. TelePacific Corp. sued software service provider Arista Networks Inc., accusing Arista of withholding tech support to force the debtor to switch from a contractual serv... (more story)

Genesis Says $150M Deal Sets Up Chapter 11 Exit

Nursing home operator Genesis Healthcare sought emergency approval of a settlement that would bring in $150 million, eliminate almost $431 million in claims and secure creditors' support for a plan to exit its... (more story)

Alcohol Distributor Strikes Creditor Deal On $75M DIP

A Texas bankruptcy judge Monday gave final approval to Republic National Distributing's $75 million in Chapter 11 financing after being told the alcohol distributor had reached a deal with creditors to increas... (more story)

Judge Says Risky Investments Wipe SVB's $1.7B FDIC Claim

A California federal judge has ruled that a $1.7 billion claim by the parent of the failed Silicon Valley Bank against the Federal Deposit Insurance Corp. is more than offset by the more than $5 billion the pa... (more story)

Buffalo Diocese Gets OK To Solicit Ch. 11 Plan Votes

A New York bankruptcy judge gave the Diocese of Buffalo permission to take its proposed Chapter 11 plan before creditors for a vote, after previously sending the debtor back to the drawing board over opt-outs in the plan.

Mid Cap More

7 Brew's $143M Bid Tops Dutch Bros. In Salad Chain Ch. 11

Coffee chain 7 Brew emerged as the top bidder for 73 of drive-thru chain Salad and Go's leases with a $143 million offer, besting competitor Dutch Bros.' stalking horse bid of $105 million for 65 leases, couns... (more story)

Instant Brands Judge Stops Delaware Suit Against Trustee

A Texas bankruptcy judge on Tuesday told former Instant Brands owner Cornell Capital it must get his permission before suing the instant pot maker's litigation trustee, blocking a suit Cornell brought in Delaw... (more story)

Ex-MLB Star Puig Fights Ch. 11 Dismissal Over Missing Docs

Former Major League Baseball player Yasiel Puig Valdes has asked a Florida bankruptcy judge to vacate the dismissal of his Chapter 11 bankruptcy case, saying he and his attorney experienced technical difficult... (more story)

Colo. Fund Says Lender Hid $10M Loan Subordination Deal

The manager of a Colorado-based investment fund accused mortgage lender Cherry Creek in state court of executing an "invalid" hidden subordination agreement that allowed the lender to delay its interest paymen... (more story)

Nuvo's $9.75M D&O Deal Ends US-Israel Bankruptcy Clash

Bankrupt pregnancy-technology firm Nuvo Group and an Israeli court-appointed trustee tasked with liquidating it reached an agreement that resolves their cross-border disputes by using a $9.75 million settlemen... (more story)

Meyer Unkovic Discovery Bid Partly Granted

A Pennsylvania federal magistrate judge partly granted Meyer Unkovic & Scott LLP's bid for discovery in a malpractice suit over a $3.3 million default judgment that was later thrown out, ruling the firm can ob... (more story)

Buchanan Adds Shareholder In NJ From Offit Kurman

Buchanan Ingersoll & Rooney PC has added an attorney to its Princeton, New Jersey, office from Offit Kurman to help bolster its capacity to handle bankruptcy and creditors' rights matters.

Meet The Attorneys Guiding Creditors Of DAMIS Holdings

A dozen attorneys from Paul Hastings LLP and Connell Foley LLP are representing the official committee of unsecured creditors in the Chapter 11 of real estate company DAMIS Holdings, which filed for bankruptcy... (more story)

US Magnesium Says Banker Miscalculated Ch. 11 Fees

Reorganized debtor US Magnesium has objected to the final fee application of its investment banker in Delaware bankruptcy court, saying the adviser miscalculated the fees it is owed by including transaction fe... (more story)

Lurin Gets OK To Sell 2 Fla. Apartment Complexes For $42.2M

A Texas bankruptcy judge on Friday greenlighted property developer Lurin Real Estate Holdings' sale of two apartment complexes in Florida for a combined $42.2 million.

Expert Analysis

How The Uniform ABC Act Reframes The Ch. 11 Choice

In states where the Uniform Assignment for Benefit of Creditors Act has been enacted — now including Delaware — qu... (more story)

Taekwondo Makes Me A Better Lawyer

Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and tha... (more story)

New Fortress Ch. 15 Adds Fuel To English Restructuring Trend

After New Fortress Energy recently became the third Nasdaq-listed company to successfully undertake an English res... (more story)