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Catholic Dioceses Facing Rockier Road To Resolve Ch. 11s
A trio of recent Chapter 11 cases are illustrating the new reality for Roman Catholic dioceses trying to address their child sexual abuse liabilities in bankruptcy court, with the cases taking longer to resolve and only moving forward after threats of dismissal.
Meet The Attys Advising Solar Co. PosiGen In Ch. 11
Residential solar panel company PosiGen has assembled a team of lawyers from White & Case LLP to see it through Chapter 11 proceedings as it seeks to address at least $100 million in debt.
Catching Up With New Bankruptcy Case Action
A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.
Catholic Dioceses Facing Rockier Road To Resolve Ch. 11s
A trio of recent Chapter 11 cases are illustrating the new reality for Roman Catholic dioceses trying to address their child sexual abuse liabilities in bankruptcy court, with the cases taking longer to resolve and only moving forward after threats of dismissal.
Meet The Attys Advising Solar Co. PosiGen In Ch. 11
Residential solar panel company PosiGen has assembled a team of lawyers from White & Case LLP to see it through Chapter 11 proceedings as it seeks to address at least $100 million in debt.
Catching Up With New Bankruptcy Case Action
A solar energy business sought bankruptcy protection in Texas. The foreign representative of a consultancy founder's bankruptcy estate sought recognition of his Canadian insolvency proceedings. And a landlord in the Bronx entered Chapter 11.
Expert Analysis
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Large Cap More
Spirit Airlines says it has reached a $140 million agreement with International Aero Engines related to engines that had grounded some of the budget airline's fleet.
Sonder has tapped a lawyer from Pachulski Stang Ziehl & Jones LLP for its bankruptcy and the Chapter 7 trustee has assembled a team from Duane Morris LLP and Sullivan Hazeltine Allinson LLC as the debtor liqui... (more story)
Squire Patton Boggs LLP announced Wednesday that it has hired the former vice chair of Foley & Lardner LLP's bankruptcy and restructuring practice.
A California bankruptcy judge gave a Catholic diocese more time to propose a plan to end its Chapter 11 case, a Beijing-based real estate developer asked to have its involuntary bankruptcy case dismissed, and ... (more story)
The Cayman Islands parent company of Chapter 15 debtor Canterbury Securities filed for its own insolvency case late Wednesday in New York, with the same joint liquidators seeking recognition of a foreign proce... (more story)
Blank Rome LLP will elevate 14 attorneys to partner in the new year, its highest partnership class in seven years.
Country Garden Holdings Co., a major Chinese property developer, received U.S. recognition of its Hong Kong restructuring plan designed to trim more than $11 billion in debt, with a New York bankruptcy judge e... (more story)
Party City franchisees want to file an amended complaint in their case accusing the corporate retail chain of monopolizing the market before the court rules on a dismissal bid, the franchisees told a New Jerse... (more story)
A Connecticut judge has approved a modified moratorium that protects PHL Variable Insurance Co. and two subsidiaries during a state rehabilitation, agreeing to a plan that could reduce universal life death ben... (more story)
A Texas bankruptcy judge Wednesday gave pharmacy services provider Omnicare the go-ahead to put itself on the auction block in March, saying it is a reasonable timeframe for the debtor to market its assets.
Mid Cap More
A New York law firm filed for Chapter 11 bankruptcy relief a week after its creditors filed involuntary Chapter 7 liquidation petitions and more than a month after the firm's founder accused the creditors of a... (more story)
Google is opposing a move by Unlockd Media seeking the recusal of U.S. District Judge Haywood S. Gilliam Jr. in an antitrust lawsuit in California federal court, arguing that the judge's close relationship wit... (more story)
Bitcoin miner Rhodium Encore's confirmation hearing will extend to a second day after a dispute over counsel fees for Lehotsky Keller Cohn LLP's work as special litigation counsel remained unresolved.
Two law firms have urged a Connecticut state court to dismiss a lawsuit brought by a creditor in a Chapter 7 case that accused them of failing to ably represent its interests in the underlying bankruptcy and a... (more story)
A secured lender of reorganized debtor BurgerFi International that purchased assets from the company in its Chapter 11 case has asked a Delaware bankruptcy judge to stay his order ruling that $885,000 in insur... (more story)
A Missouri bankruptcy judge Wednesday agreed to approve a $16.5 million settlement between genetic testing company 23andMe and its insurers, in which the carriers proposed to buy back the unused portion of the... (more story)
The bankrupt owner of two Philadelphia hospitals filed a Chapter 11 plan disclosure statement in Delaware bankruptcy court describing its plan to liquidate its remaining assets after selling St. Christopher's ... (more story)
A New York bankruptcy judge on Wednesday agreed to give U.S. recognition of JKL Holdings' British Virgin Islands liquidation as liquidators probe the former cryptocurrency investment firm's U.S. assets.
People at King & Spalding LLP are mourning after an appellate attorney from the firm and a mountain guide fell to their deaths climbing New Zealand's tallest mountain.
Bitcoin miner Rhodium Encore has urged a Texas bankruptcy court to confirm its Chapter 11 plan, arguing that despite the often contentious nature of its bankruptcy case, its proposal to pay all creditors has w... (more story)