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PrimaLend To Seek OK For Ch. 11 Bidding In Market Test
PrimaLend Capital Partners LP plans to ask a Texas court Tuesday to let it sell its assets in an effort to maximize the value of its loan portfolios to car dealerships that cater to low-income customers, after sale efforts failed before it filed for bankruptcy in October.
Meet The Attys Guiding Food52 Through Cash Sweep Ch. 11
New York-based Food52 Inc., an e-commerce company selling kitchen and home goods, has assembled a team of Young Conaway Stargatt & Taylor LLP attorneys to spearhead a Chapter 11 case the debtor began after a secured lender swept its cash.
Fraud Claims, Policy Shifts Drove Biggest 2025 Bankruptcies
Some of the biggest bankruptcies of 2025 were marked by allegations of fraud at companies including auto-parts maker First Brands Group and subprime auto lender Tricolor, and experts said more malfeasance could be lurking in the marketplace.
PrimaLend To Seek OK For Ch. 11 Bidding In Market Test
PrimaLend Capital Partners LP plans to ask a Texas court Tuesday to let it sell its assets in an effort to maximize the value of its loan portfolios to car dealerships that cater to low-income customers, after sale efforts failed before it filed for bankruptcy in October.
Meet The Attys Guiding Food52 Through Cash Sweep Ch. 11
New York-based Food52 Inc., an e-commerce company selling kitchen and home goods, has assembled a team of Young Conaway Stargatt & Taylor LLP attorneys to spearhead a Chapter 11 case the debtor began after a secured lender swept its cash.
Fraud Claims, Policy Shifts Drove Biggest 2025 Bankruptcies
Some of the biggest bankruptcies of 2025 were marked by allegations of fraud at companies including auto-parts maker First Brands Group and subprime auto lender Tricolor, and experts said more malfeasance could be lurking in the marketplace.
Expert Analysis
While the construction of data centers that fuel artificial intelligence continues to accelerate, some potential r... (more story)
Several notable Bankruptcy Code Chapter 15 decisions from 2025 warrant review, including rulings that clarified th... (more story)
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems ... (more story)
Large Cap More
California utility Pacific Gas & Electric Co., its brass and its underwriters have reached a $100 million deal ending investor claims over allegedly misleading statements about the company's safety practices a... (more story)
Retired professional golfer Jack Nicklaus is opposing the Chapter 11 financing and sale procedures floated by sporting gear and golf course design company GBI Services, saying the business is trying to sell as... (more story)
Telecommunications group Ligado Networks says a maritime satellite communication group flouted the automatic stay of its bankruptcy and a mediated deal last month by bringing a lawsuit over Ligado's request to... (more story)
Luminar Technologies, a developer of lidar technology for autonomous vehicles, has told a Texas bankruptcy judge its former chief executive is refusing to cooperate with a subpoena and provide information it n... (more story)
The ex-CEO of subprime car loan lender Tricolor Holdings is asking a Texas bankruptcy judge to reject a motion to compel him to attend a meeting of the company's creditors, saying he would be unable to answer ... (more story)
A Texas bankruptcy judge on Monday approved solar energy developer Pine Gate Renewables' $285 million sale of certain assets to Nofar USA Energy Investments and Management after the debtor reached a deal with ... (more story)
More than a dozen attorneys at Morrison Foerster LLP have started the new year with new titles following the firm's Monday announcement of its partner promotions for 2026.
Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11... (more story)
A Korean citizen jailed over cryptocurrency fraud commenced a Chapter 15 bankruptcy case in Delaware on the last day of 2025 as legal wrangling over ownership of a $355 million claim against defunct crypto exc... (more story)
Creditors of auto parts maker First Brands Group have asked a Texas bankruptcy judge to stop the company's former CEO and other executives from retreating into a "fortress" of corporate insurance in the face o... (more story)
Mid Cap More
Two bankrupt entities tied to the former Hudson Hotel must not be allowed to retain DLA Piper LLP as special counsel in their Chapter 11 case, the U.S. trustee argued on Monday, saying the firm is conflicted d... (more story)
The unsecured creditors in the U.S. Magnesium Chapter 11 have asked a Delaware bankruptcy judge for standing to challenge more than $114 million of the mining company's debt and liens on company property, argu... (more story)
The California Attorney General's Office asked a Delaware bankruptcy judge to appoint a Chapter 11 trustee in the bankruptcy case of fundraising tech company FlipCause, asserting the debtor's case reveals seve... (more story)
The parent company of porta-potty provider Johnny On The Spot filed for Chapter 11, listing more than $1 billion in liabilities. Two affiliates of bankrupt self-driving firm Luminar Technologies, as well as e-... (more story)
Luxury retailer Saks Global said Friday that Executive Chairman Richard Baker has replaced Marc Metrick as CEO about one year after the company bought the Neiman Marcus Group for $2.7 billion and amid reports ... (more story)
Federal judges will continue tackling notable ethics issues in 2026, including a U.S. Justice Department battling former federal prosecutors in court and an immigration justice system in upheaval.
Bankruptcy practitioners expect restructuring activity to remain elevated in the year ahead as more debt comes due and businesses continue to grapple with economic uncertainty. Major court rulings on bankruptc... (more story)
Jurists discussed their strategies for decision-making, the difficulties of case management, and their predictions for the future of litigation in a dozen interviews with Law360 this year.
State courts across the country will evaluate general liability policy language in the new year as the Illinois Supreme Court tackles whether certain regulatory permits serve as an exception to a pollution exc... (more story)
Massachusetts attorneys have their eye on Trump administration policy challenges, state ballot question disputes and False Claims Act enforcement shifts as the calendar turns to 2026.