Expert Analysis

Ambiguity Ruling Highlights Deference To Arbitral Process

A New York federal court’s recent ruling in Eletson v. Levona, which remanded an arbitral award for clarification,... (more story)

SVB Ch. 11 Shows Importance Of Filing Proof Of Claim Early

After a New York bankruptcy court’s recent ruling in SVB’s Chapter 11 case denied late claims filing requests rela... (more story)

High Court Made Profound Mistake In Tossing Purdue Deal

The U.S. Supreme Court's recent decision to throw out Purdue Pharma's Chapter 11 plan jeopardizes a multistate agr... (more story)

Large Cap More

Americanas Gets US Nod For Reorganization In Brazil

A New York bankruptcy judge said his trepidation around how Brazilian department store chain Americanas' bankruptcy plan treats creditors that don't give legal releases to nondebtor third parties was quelled, ... (more story)

18 Whiteford Attys Launch Raines Feldman's Pittsburgh Office

More than a dozen attorneys specializing in bankruptcy, and securities and commercial litigation, have left Whiteford Taylor & Preston to help Raines Feldman Littrell launch its new office in Pittsburgh this week.

Tech Firm Mobileum Enters Ch. 11 To Trim Over $500M Debt

Global telecom analytics group Mobileum Inc. sought Chapter 11 protection in Texas on Tuesday, saying it has creditor backing to cut more than $529 million from its books and exit bankruptcy within 60 days, in... (more story)

Akin Alum To Head Paul Weiss' European Restructuring Team

Paul Weiss Rifkind Wharton & Garrison LLP announced Tuesday that it has hired a partner at Akin Gump Strauss Hauer & Feld LLP to steer the leadership of its European restructuring practice as it looks to boost... (more story)

Rising Star: Perkins Coie's Michael Huston

Perkins Coie LLP's Michael Huston was a lead attorney on the team that helped the Boy Scouts of America persuade the U.S. Supreme Court that a delay of its bankruptcy plan, which a small group of childhood sex... (more story)

Price-Fixing Claims Against Par Pharma On Chopping Block

A Connecticut federal judge has asked a coalition of states to explain why he shouldn't toss two price-fixing lawsuits against Par Pharmaceutical Companies Inc., noting that the defendant and its parent, Endo ... (more story)

Invitae Awaits Ch. 11 Plan Decision After Testy Hearing

Following a lengthy and contentious hearing Monday, a New Jersey bankruptcy judge said he would rule Tuesday on a motion seeking confirmation of genetic testing business Invitae's Chapter 11 plan, which would ... (more story)

Steward Health Care Finds Buyers For 2 Hospitals

Steward Health Care has told a Delaware bankruptcy judge it has found buyers for two of the facilities in its first round of hospital sales in its Chapter 11 case, but three others had attracted no qualified bids.

WOM Asks To Pay Ex-Execs Severance Under Chilean Law

Chilean telecommunications company WOM requested a Delaware bankruptcy court's permission to pay nearly $500,000 in compensation to two former executives who were terminated before the company filed for bankru... (more story)

99 Cents Only Pivots To New Buyers After $8M Bid Rescinded

Discount retail chain 99 Cents Only asked a Delaware bankruptcy court to approve alternative sales for two California real estate parcels after the winning bidder who submitted a $8 million offer failed to clo... (more story)

Mid Cap More

Malpractice Insurer Escapes Conn. Firm's Suit For Coverage

A Connecticut law firm and its principal will not have their legal bills reimbursed by their malpractice insurer after a state judge granted an early win to the insurance company, noting the firm admitted it w... (more story)

Ex-Parler Owner Proposes Ch. 11 Sale Plan, Creditor Deal

The former owner of conservative social media platform Parler filed proposed Ch. 11 bidding procedures in Delaware court late Monday along with a settlement with its senior secured creditor that will return $3... (more story)

Former Doctor To Be Released From Jail In FBAR Fight

A former doctor will be released from U.S. custody after a Michigan federal court lifted Tuesday an order of civil contempt against him for failure to pay about $1 million in foreign account reporting penalties.

Bankrupt Nursing Homes To Pay $36M To End DOL Wage Suit

More than a dozen bankrupt nursing homes will have to pay nearly $36 million in a U.S. Department of Labor's suit claiming workers weren't paid full wages after creating "an adversarial" payroll structure, a P... (more story)

Watchdog Says Pioneer Health Trustee Can't File Plan

The Office of the U.S. Trustee objected to a proposal to strip debtor Pioneer Health Systems LLC of control over its Chapter 11 case, saying the Subchapter V trustee that would take over is unable to file a pl... (more story)

Clothing Co. Delta Seeks Ch. 11 Consulting Fees For Ex-Execs

Clothing manufacturer Delta Apparel and its affiliates asked for a Delaware bankruptcy court's permission to pay three former executives, who resigned as the company headed toward insolvency, as consultants so... (more story)

US Trustee Asks To Make UrgentPoint's Ch. 11 A Liquidation

The U.S. Trustee's Office requested that a Delaware bankruptcy judge convert healthcare provider UrgentPoint's Chapter 11 case to a Chapter 7 liquidation, saying the debtor is or shortly will be unable to meet... (more story)

Airspan Needs $5M DIP Add Amid Ch. 11 Regulatory Delays

Telecommunications company Airspan Networks has asked a Delaware bankruptcy court for permission to borrow an additional $5 million in debtor-in-possession financing to support the business as it waits for reg... (more story)

Judge Limits Girardi Clients' Injury Details In Upcoming Trial

Jurors in former celebrity lawyer Tom Girardi's upcoming fraud trial will be spared detailed testimony about the severe injuries that drove his alleged victims to hire his law firm, a Los Angeles federal judge... (more story)

Mercon Coffee Can't Grant Insider Releases, Judge Rules

A New York bankruptcy judge has ruled that coffee supplier Mercon Coffee Group can't reward corporate insiders who stuck with the company through its Chapter 11 case with a release from future litigation.