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Meet The Committee Counsel In Eddie Bauer Stores' Ch. 11
A committee of trade creditors is asking permission from a New Jersey bankruptcy judge to hire a trio of Pachulski Stang Ziehl & Jones LLP attorneys to represent the unsecured creditors in the Chapter 11 case of the retailer of the Eddie Bauer brand.
Serta Trial Begins, Texas Judges To Ponder Ch. 7 Exemptions
A Texas bankruptcy court began a trial regarding Serta Simmons Bedding's 2020 "uptier" debt exchange, the Lone Star State's supreme court agreed to weigh in on whether LLCs are exempt from Ch. 7 estates and Prime Core's Chapter 11 trust initiated a $13 million adversary suit.
Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
Meet The Committee Counsel In Eddie Bauer Stores' Ch. 11
A committee of trade creditors is asking permission from a New Jersey bankruptcy judge to hire a trio of Pachulski Stang Ziehl & Jones LLP attorneys to represent the unsecured creditors in the Chapter 11 case of the retailer of the Eddie Bauer brand.
Serta Trial Begins, Texas Judges To Ponder Ch. 7 Exemptions
A Texas bankruptcy court began a trial regarding Serta Simmons Bedding's 2020 "uptier" debt exchange, the Lone Star State's supreme court agreed to weigh in on whether LLCs are exempt from Ch. 7 estates and Prime Core's Chapter 11 trust initiated a $13 million adversary suit.
Meet The Attorneys Advising Cumulus Media In Ch. 11
Cumulus Media has filed for Chapter 11 protection in Texas, kicking off its second bankruptcy in a decade and seeking to slash $600 million of debt from its balance sheet. The debtor enlisted counsel from Paul Weiss Rifkind Wharton & Garrison LLP and Porter Hedges LLP to steer the case.
Expert Analysis
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A radio station operator filed its second bankruptcy in less than 10 years; a Chicago hotel operator entered Chapter 11 with nearly $150 million in debt; and a chemical technology company sought bankruptcy pro... (more story)
The Second Circuit on Monday revived a $5.5 million contractual dispute against Argentina, ruling that a New York state COVID-19 policy saved some bondholder claims from being time-barred.
A Florida federal judge Monday sanctioned a businessman and his attorney for submitting fraudulent documents in a $500 million dispute over ownership of the Miss America pageant and using the documents to put ... (more story)
Financially troubled auto parts maker First Brands Group told a Texas bankruptcy judge Monday that a third-party factoring lender is protected by cash in segregated bank accounts that the debtor said provide a... (more story)
Both Reed Smith LLP and Greenberg Traurig LLP provided nothing more than "zealous advocacy" for their respective clients amid an international petroleum shipping dispute between Eletson Holdings and Levona Hol... (more story)
Kirkland & Ellis LLP has hired the former head of the U.S. Department of Justice's Criminal Division, who most recently helped oversee corporate enforcement matters, cases dealing with foreign bribery, fraud, ... (more story)
Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon V... (more story)
A New York bankruptcy judge approved the bidding procedures for the sale of the headquarters of the Roman Catholic Diocese of Buffalo, which includes a $4.5 million stalking horse bid with a leaseback provision.
A group of minority lenders to food producer Del Monte has appealed the green light a New Jersey bankruptcy judge gave to a creditor deal last month, weeks after arguing the agreement forfeited causes of actio... (more story)
The Texas Supreme Court on Friday agreed to help the Fifth Circuit resolve a bankruptcy case appeal by determining if a limited liability company governed by Texas law qualifies as exempt property in a bankruptcy proceeding.
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A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option.
A New York bankruptcy court Tuesday pushed back the disclosure statement hearing in the Chapter 11 case of Long Island nursing home operator Cold Spring Acquisition, after the debtor said it is continuing to n... (more story)
Barnes & Thornburg LLP and former board members for cryptocurrency miner Rhodium Encore LLC balked at Lehotsky Keller Cohn LLP's bid for sanctions in Rhodium's Chapter 11 case, saying they had done nothing wro... (more story)
Cheese producer Rizo-Lopez Foods Inc. told a California bankruptcy judge Monday that it has reached a sale agreement, delaying a motion to convert its case from a Chapter 11 reorganization to a Chapter 7 liquidation.
The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.
Bio-based chemical technology company Viridis has filed for Chapter 11 relief in Texas with more than $17 million in debt, citing cost overruns related to moving its manufacturing plant from Nebraska to Illinois.
A Delaware federal bankruptcy judge approved a $35.7 million sale of assets Monday in the Chapter 11 case of sports gear and golf course design enterprise Nicklaus Cos. LLC, agreeing to a deal that will see af... (more story)
Ziviea, a Florida-based online retailer of compression socks, filed for Chapter 11 protection Friday, reporting more than $6 million of debt and a decline in revenue last year.
A Texas bankruptcy judge agreed Friday to approve more than $1.6 million in fees for defunct investment platform Linqto's special Chapter 11 counsel from Sullivan & Cromwell, commending the firm's work and ove... (more story)
A bankruptcy judge in Florida conditionally approved on Thursday a cosmetic company's Chapter 11 plan, granting a proposed reorganization that involves a lender taking over the company in a debt-to-equity transaction.