Expert Analysis

NY Combined Hearing Guidelines Can Shorten Ch. 11 Timeline

The Southern District of New York’s recently adopted guidelines on combining the processes for Chapter 11 plan con... (more story)

Bankruptcy Judges Can Justly Resolve Mass Tort Cases

Johnson & Johnson’s recent announcement of a prepackaged reorganization plan for its talc unit highlights that Cha... (more story)

A Healthier Legal Industry Starts With Emotional Intelligence

The legal profession has long been plagued by high rates of mental health issues, in part due to attorneys’ early ... (more story)

Large Cap More

Pillsbury Adds Aviation-Focused Bankruptcy Partner In NY

Pillsbury Winthrop Shaw Pittman LLP has hired a corporate restructuring partner with aviation expertise for its insolvency and restructuring group in New York.

Bed Bath & Beyond Investor Defeats 'Short-Swing' Profits Suit

A New York federal judge on Tuesday threw out Bed Bath & Beyond investors' suit accusing activist investor Ryan Cohen of buying and selling his stock too quickly, finding the claims moot in light of the retail... (more story)

Willkie Farr Hires 11 Ex-Latham Bankruptcy Attys In Germany

Willkie Farr & Gallagher LLP has snagged three bankruptcy partners and eight more attorneys from Latham & Watkins LLP in Germany as it expands its bench in the country, the firm announced Tuesday.

SVB Wants A Trial Over Its $605M Tax Bill From IRS

The parent company of failed Silicon Valley Bank has told a New York bankruptcy judge it wants him to decide if it owes the Internal Revenue Service more than $605 million in taxes.

Ventilator Maker Can Tap $25M DIP In Ch. 11

Vyaire Medical Inc., a producer and distributor of medical ventilators, received a Delaware bankruptcy judge's approval Tuesday to borrow $25 million in debtor-in-possession financing as it pursues a Chapter 1... (more story)

WeWork Announces CEO Switch As It Leaves Ch. 11

WeWork, fresh from the confirmation of its Chapter 11 restructuring plan, said Tuesday it will be led by John Santora, who will take over as CEO as the company leaves bankruptcy behind.

Hedge Fund Boss Has 10 Days To Appear For Byju's Depo

A Delaware bankruptcy judge on Tuesday suspended an arrest warrant for hedge fund Camshaft Capital's manager and ordered him to return to the U.S. within 10 days and answer questions from the bankrupt U.S. sub... (more story)

Invitae Can Collect Ch. 11 Plan Votes Amid Debt Deal Row

A New Jersey bankruptcy judge said Tuesday he would allow Invitae to send its Chapter 11 plan out for votes, after the genetic testing company agreed to note in its disclosure statement that the committee of u... (more story)

Amazon Reseller Gets OK For Ch. 11 Plan After Creditor Deal

A New Jersey bankruptcy judge said Monday she would approve an Amazon reseller's Chapter 11 plan, following an agreement reached to create a trust that would pursue claims against former company executives and... (more story)

Judge Rejects Late Indemnity Claims In SVB Ch. 11

A New York bankruptcy judge refused to let Morgan Stanley and two individuals assert late claims for indemnification against the former parent of Silicon Valley Bank in its Chapter 11 case, concluding that the... (more story)

Mid Cap More

Pool Co. Hits Ch. 11 After 'Crippling' $16M False Ads Verdict

The American arm of a Chinese swimming pool products manufacturer has declared bankruptcy after it was slapped with a $16 million false advertising and unfair business practices judgment in North Carolina that... (more story)

Ambri Gets OK For Ch. 11 Loan, Sale Plans After Creditor Deal

A Delaware bankruptcy judge on Wednesday approved $5.75 million in Chapter 11 financing for Ambri Inc. and set the battery startup on the path for a July asset sale after hearing the company had reached a deal... (more story)

Alston Steers Transport Co. Coach Through Ch. 11

Bus company Coach USA Inc. announced Tuesday that it filed for Chapter 11 protection in Delaware bankruptcy court, saying it has struck asset purchase agreements to preserve jobs and continue offering its grou... (more story)

Pharmacy Co. Optio Gets Interim OK For $10M DIP Package

Illinois-based specialty pharmacy chain Optio received interim approval at a first-day hearing Tuesday in Delaware bankruptcy court to access a $10 million in new money debtor-in-possession financing to fund its Chapter 11.

Acorda Disclosures Lack Info On Releases, Say Creditors

Drugmaker Acorda Therapeutics Inc. faced objections to its disclosure statement from its creditors committee and the U.S. Trustee's Office, which said it failed to provide enough information about releases in the plan.

AI Hiring Platform's Ex-CEO Charged With $27M Fraud

The founder of hiring startup Joonko Diversity Inc. has been charged with fraud, with prosecutors saying Tuesday that she deceived investors into dumping $27 million into a platform that supposedly used artifi... (more story)

Bankrupt UpHealth Warned Of Criminal Charges In India

A court in India said it has received a criminal charge sheet issued by an investigative governmental agency in Calcutta against bankrupt American healthcare company UpHealth, targeting it and executives over ... (more story)

Giuliani's Ch. 11 Creditors Subpoena Sept. 11 Charity

Creditors of Rudy Giuliani are probing whether the former New York City mayor has been getting financial support from a nonprofit called Tunnel to Towers Foundation, which says its mission is to assist familie... (more story)

3 Takeaways From Cigna's Win In 9th Circ. Rehab Claim Fight

The Ninth Circuit's recent decision finding Cigna is off the hook for $8.6 million in out-of-network mental health and substance use disorder treatment claims against employee benefit plans administered by the... (more story)

Fish Taco Chain Rubio's Can Tap $4.5M Ch. 11 Loan

Rubio's Coastal Grill received a Delaware bankruptcy judge's initial approval on Monday to borrow $4.5 million in Chapter 11 financing, starting the California-based fish taco chain on a road it hopes will lea... (more story)