Expert Analysis

11th Circ. Ruling May Foreshadow Ch. 15 Clashes

The Eleventh Circuit's recent decision in In re: Talal Qais Abdulmunem Al Zawawi has introduced a split from the S... (more story)

Bankruptcy Courts Have Contempt Power, Del. Case Reminds

A Delaware bankruptcy court recently held Camshaft Capital and its principal in contempt, serving as a reminder to... (more story)

What Lies Behind Diverging US And UK Insolvency Trends

Contrasting U.K. and U.S. insolvency trends highlight the importance of policy interventions in shaping consumer f... (more story)

Large Cap More

PIMCO Says It Needs To Assess CFPB's Loan Service Deal

Investment management giant PIMCO told a Pennsylvania federal judge on Friday that it needs more time to study a proposed $5 million settlement between the Consumer Financial Protection Bureau, a Pennsylvania ... (more story)

Biden's Judicial Impact And What's Left On The Wishlist

President Joe Biden secured confirmation of his 200th federal judge Wednesday and has transformed the judiciary by picking more women and people of color than any other president. But the upcoming election sea... (more story)

Bally Sports Parent Pushes Back Ch. 11 Confirmation Hearing

The parent company of the Bally Sports regional sports networks asked a Texas bankruptcy judge to move back the timetable for confirmation of its Chapter 11 plan by a month, saying it needs more time to reach ... (more story)

Exiled Chinese Businessman Is No $1B Fraudster, Jury Told

Exiled Chinese businessman and purported billionaire Guo Wengui ran legitimate companies in support of a broad movement that opposed the Chinese Communist Party, his attorney told a Manhattan federal jury Frid... (more story)

Rite Aid Given Until Tuesday To File Ch. 11 Schedule

A New Jersey bankruptcy judge on Friday instructed Rite Aid to file a proposed schedule for its Chapter 11 plan confirmation process by Tuesday, after Johnson & Johnson accused the pharmacy business of draggin... (more story)

Healthcare REIT Nabs $800M Despite Tenant Turbulence

Medical Properties Trust Inc. announced Friday that the real estate investment trust has secured a £631 million ($804 million) financing from a group of investors led by real estate investment firm Song Capita... (more story)

Biden Urges 1st Circ. To Find Debt Cap Challenge Moot

The Biden administration has asked the First Circuit to affirm a finding that a government workers' union lacks standing to challenge the constitutionality of the debt ceiling and that its case was further ren... (more story)

UK Litigation Roundup: Here's What You Missed In London

This past week in London has seen an IT engineer seek permission to search a landfill hiding a hard drive supposedly storing millions of pounds in bitcoin, Glencore take on legal action by American Century Inv... (more story)

ConvergeOne Defeats 'Law Review Article' Objection To Reorg

Information technology company ConvergeOne won a Texas bankruptcy judge's blessing Thursday to cut more than $1 billion of debt under a reorganization deal that a group of senior lenders said would unlawfully ... (more story)

FTX Judge Declines To Undo Ch. 11 Digital Claim Estimation

The judge overseeing the Chapter 11 case of cryptocurrency exchange FTX Trading Ltd. on Thursday denied a request to vacate an earlier ruling allowing the debtor to estimate the claims of creditors holding dig... (more story)

Mid Cap More

UrgentPoint Can Use Lender Cash Despite Pushback

Holistic healthcare provider UrgentPoint got approval in Delaware bankruptcy court Friday to use its lenders' cash collateral in its Chapter 11 case, after facing questions from the U.S. Trustee's Office and t... (more story)

Off The Bench: NCAA Settles House NIL Class Action

In this week’s Off the Bench, the NCAA settles its court dispute with hundreds of thousands of athletes over name, image and likeness compensation, NFL rookie Marvin Harrison Jr. is taken to court over an endo... (more story)

Weinstein Atty Trying To Chill Retrial Testimony, DA Says

The Manhattan District Attorney's Office has argued that a lawyer for Harvey Weinstein violated ethics rules by publicly accusing one of the movie mogul's alleged rape victims of perjury in an "obvious" attemp... (more story)

African E-Commerce Platform Files Ch. 7 With $45M In Debt

California-based Copia Global, which describes itself as an e-commerce platform for the African mass market, has filed for Chapter 7 protection in Delaware bankruptcy court with $45 million in debts.

Shoes For Crews Gets OK For $290M Credit Bid Sale

A Delaware bankruptcy judge said at a hearing Thursday that she would approve a $290 million credit bid sale of Shoes For Crews to its first-lien lenders after no other bidders emerged for the nonslip shoes retailer.

Modells Reaches $22.7M Ch. 11 Settlement With Ex-CEO

Modell's Sporting Goods' liquidation trust reached a $22.7 million settlement with the company's former CEO Mitchell Modell and several family-owned, real estate-owning affiliates, which would resolve the trus... (more story)

Ex-Judge Pushed False Narrative On Atty Romance, Firm Says

U.S. Bankruptcy Judge David R. Jones of Texas, who resigned last year after his secret relationship with a Jackson Walker LLP partner was revealed, attempted to head off rumors about the relationship by asking... (more story)

Houston Law Firm Wants To DQ Creditors' Counsel In Ch. 11

Troubled MMA Law Firm PLLC is seeking to stop another firm from representing its bankruptcy creditors, arguing that MMA's principal had previously spoken with the other firm as a prospective client and had sha... (more story)

DC Judge Bars Giuliani From Defaming Ga. Poll Workers

A D.C. federal judge has entered an injunction barring Rudy Giuliani from repeating lies that two Georgia poll workers meddled with the 2020 presidential election, resolving a second lawsuit the election worke... (more story)

Jackson Lewis Questions Role In Wage Suit After Ch. 11

Jackson Lewis PC attorneys were unsure if they were able to keep representing more than a dozen Pennsylvania nursing homes as an unpaid-wage case approaches a critical deadline, telling a federal court during ... (more story)