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Expert Analysis

The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to b... (more story)

The Law Firm Merger Diaries: Getting The Message Across

Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stag... (more story)

Law School's Missed Lessons: Practicing Client-Led Litigation

New litigators can better help their corporate clients achieve their overall objectives when they move beyond simp... (more story)

Large Cap More

Modivcare Clashes With Committee Over Ch. 11 Plan Approval

Medical transportation company Modivcare entreated a Texas bankruptcy judge on Thursday to approve its Chapter 11 reorganization while the official committee of unsecured creditors contended the plan was fatal... (more story)

Judge Rejects Genesis Sale, Plans Auction Reset

A Texas bankruptcy judge decided Thursday she would restart the auction process in the bankruptcy of nursing home company Genesis Healthcare Inc., saying she wasn't convinced the first attempt had been fair.

Fla. Judge OKs Ch. 11 Plan For $1.7B Miami High-Rise Plot

A Florida bankruptcy judge confirmed Thursday the Chapter 11 plan for the owners of a prized piece of land proposed for a high-rise construction along the skyline of downtown Miami that could be worth more tha... (more story)

Judge Probes Alleged Fake Docs In Miss America Dispute

A Florida federal judge said Thursday that he wants to get to the bottom of the authenticity of operating agreements for two companies associated with the Miss America pageant filed in court in a $500 million ... (more story)

'Totally Unacceptable': Alsup Rips Feds In Student Loan Deal

U.S. District Judge William Alsup on Thursday denied the U.S. Department of Education's request for an 18-month extension to process over 200,000 loan cancellation applications for students claiming they were ... (more story)

Ga. Dorm Operator Gets Approval For Ch. 11 Sale Plan

A Delaware bankruptcy judge Thursday approved the Chapter 11 plan for the operator of the dormitories at eight Georgia public university campuses, overruling an objection to the claims releases in the plan

Azul Narrows Opt-Out Releases In Bid To Beat US Trustee

Brazilian airline Azul SA told a New York bankruptcy judge Thursday he should overrule an objection by the U.S. Trustee's Office to its proposed third-party releases and approve its bid to trim more than $2 bi... (more story)

Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam

A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he caused "real people to lose $40 billion in real money" as he orchestrated a massive fraud that sunk th... (more story)

Chancery Skeptical Of B. Riley Investors' Investment Loss Suit

A vice chancellor in the Delaware Chancery Court on Thursday pressed the lawyer for a B. Riley Financial Inc. stockholder to justify Caremark oversight claims tied to the investment firm's failed bets on the F... (more story)

Genesis Parties Trade Barbs Over Bitter Ch. 11 Sale Dispute

Bankrupt nursing home company Genesis Healthcare Inc. and its proposed asset purchaser on Wednesday traded accusations with parties objecting to the deal at the first day of a multipart sale hearing in the deb... (more story)

Mid Cap More

Calif. Nonprofit Hospital Gets Interim OK On $16M DIP Loan

A California bankruptcy judge on Thursday granted interim approval for Oroville Hospital's $16 million debtor-in-possession financing from its master trustee, which would help the hospital navigate its Chapter... (more story)

Maverick Gaming Seeks $11.5M Rent Relief In Settlement

Bankrupt casino operator Maverick Gaming has asked a Texas bankruptcy court to approve a settlement it reached with its secured lenders and Blue Owl Capital Inc. after its Chapter 11 sale process failed to gen... (more story)

Sports League Grand Slam Track Hits Ch. 11 After Debut Year

Grand Slam Track, a professional track and field league started by Olympic sprinting champion Michael Johnson, filed for Chapter 11 protections in Delaware Thursday with up to $50 million in liabilities.

Lucky Bucks Shareholders Want Out Of $240M Ch. 7 Suit

A large shareholder of Lucky Bucks Holdings LLC told a Delaware bankruptcy judge Wednesday that claims against it related to $240 million in prepetition dividend payments should be tossed because the Chapter 7... (more story)

Crypto Bankruptcy Trust Can Tap D&O Policy, Judge Rules

A Texas bankruptcy judge has found that a directors and officers liability insurer was wrong to refuse a reasonable $4.65 million settlement demand from the trustee overseeing the wind-down of former cryptocur... (more story)

4th Circ. Hints $166M Fight​​​​​​​ Could Create Circuit Split

In questioning counsel for an insolvent Dutch insurance company trying to confirm a $166 million arbitral award against convicted insurance mogul Greg Lindberg, two Fourth Circuit judges quipped the insurer li... (more story)

Wells Fargo Says It Didn't Know Ex-Atty Stole From Clients

Wells Fargo is seeking to shed claims in Texas federal court alleging it turned a blind eye to a convicted former attorney's misuse of client funds held in accounts at the bank, arguing that the victims of the... (more story)

Ex-Nikola CEO Asks To Cancel Asset Sale, Submit Higher Bid

An entity affiliated with the former CEO of electric-truck maker Nikola has urged a Delaware bankruptcy judge to undo an August asset sale, saying the transaction was conducted unfairly and that it is now will... (more story)

VC Apple Tree Hits Ch. 11 After Row With Russian Billionaire

Biotechnology investor Apple Tree Life Sciences Inc. and affiliates filed for Chapter 11 protection in Delaware bankruptcy court, days after a Chancery Court judge ordered a Russian billionaire who partnered w... (more story)

Texas Judge Mulls Call To Toss Aviation Biz GAI's Ch. 11

A Texas bankruptcy judge on Tuesday said he needs to take a week to consider how to handle the Chapter 11 of a Texas aviation company after the winner of a contract dispute with the debtor said its filing is a... (more story)