Expert Analysis

Cannabis Ruling Lights Path For Bankruptcy Protection

A recent Massachusetts bankruptcy appellate court ruling in Blumsack v. Harrington leaves the door open for those ... (more story)

What Bankruptcy Deadline Appeal May Mean For Claimants

If the Third Circuit reverses a recent appeal made in In re: Promise Healthcare, litigation claimants within the c... (more story)

Conn. Bankruptcy Ruling Furthers Limitation Extension Split

A recent Connecticut bankruptcy court decision further solidifies a split of authority on whether Bankruptcy Rule ... (more story)

Large Cap More

Genesis To Return $2B Of Crypto Under Gemini Settlement

Bankrupt crypto lender Genesis will return 97% of digital assets from a customer program with crypto platform Gemini by early May after a New York bankruptcy judge on Tuesday approved a settlement that attorne... (more story)

Sanctions In Byju's Ch. 11 Should Be Paused, Court Hears

Camshaft Capital, a hedge fund facing an adversary action from the Chapter 11 creditors of Byju's, has asked a Delaware federal court to stay a contempt order the bankruptcy court entered against the investmen... (more story)

Rochester, NY, Diocese's Creditors To Mull Rival Ch. 11 Plans

A New York bankruptcy judge sent a pair of competing Chapter 11 plans for the Roman Catholic Diocese of Rochester out Tuesday morning for creditor votes, after rejecting previous explanations of the proposals ... (more story)

FTX Liquidators Describe Operating Blindly In Initial Days

The U.S. liquidator for collapsed cryptocurrency exchange FTX told attendees at the OffshoreAlert Conference in Miami Beach, Florida, the case was unlike any other he'd handled as the company had "no set of bo... (more story)

Coal Exec's Widow Seeks Atty Fees After Toss Of $6.5B Suit

The widow of a bankrupt coal company's former president requested $525,000 in attorney fees and costs Monday after a D.C. federal judge tossed a suit alleging her husband's estate and another business owed a u... (more story)

Aircraft Parts Co. Incora Gets More Time For Ch. 11 Plan Vote

A Delaware bankruptcy judge on Monday pushed back the Chapter 11 plan voting deadline by two weeks in the bankruptcy of aircraft parts supplier Incora, after the company said it wanted to send out newly update... (more story)

Diocese Says Insurer Must Refund Sex Abuse Claims Defense

Certain underwriters at Lloyd's of London must pay defense expenses related to sexual abuse claims against the Roman Catholic Diocese of Rockville Centre, the diocese has told a New York court, maintaining tha... (more story)

NY Diocese Moves To End Ch. 11 Amid Plan Opposition

A Catholic diocese on New York's Long Island has asked a bankruptcy judge to dismiss its Chapter 11 case, noting the debtor's latest reorganization proposal was voted down by a "supermajority" of its creditors.

Loeb & Loeb Bankruptcy Leader Joins Lowenstein Sandler

Lowenstein Sandler LLP announced Monday that the deputy chair of Loeb & Loeb LLP's bankruptcy and restructuring practice has joined its New York office as a partner.

GPS Legal Co-Founder In HK Launches New Law Firm

An international arbitration lawyer and litigator who co-founded Hong Kong law firm Georgiou Payne Stewien has said he has left it to launch his own firm.

Mid Cap More

Canadian Trucking Biz Nears Consensus On US DIP Approval

At a hearing on Tuesday in Delaware bankruptcy court, Canadian trucking company Pride Group appeared to reach a consensus with certain creditors that will allow it to gain provisional approval of its debtor-in... (more story)

Scrubs Biz Careismatic Says Ch. 11 Plan Disclosures Enough

Global medical scrubs distributor Careismatic Brands LLC has told a New Jersey bankruptcy judge its Chapter 11 plan and disclosure statement provide more than enough information to creditors who are eligible t... (more story)

Ex-Parler Owner Files For Ch. 11 With Over $10M Debt

The former owner of conservative-leaning Twitter alternative Parler filed for Chapter 11 protection in Delaware bankruptcy court Tuesday with more than $10 million in debt.

Terraform Creditors Say All Clear To Hire Crypto Tracing Firm

The creditors committee for bankrupt cryptocurrency startup Terraform Labs Pte. Ltd. said on Tuesday it had resolved the only issues the U.S. Trustee's Office had with the committee's request to hire an invest... (more story)

Biotech Co. NanoString Seeks OK For Ch. 11 Plan Vote

Biotechnology company NanoString Technologies Inc. has asked a Delaware bankruptcy judge to send its Chapter 11 plan out for a creditor vote as it takes bids for its assets.

Companies Wrongly Found Insolvent, Texas Court Rules

A Texas appeals court on Tuesday reversed a decision by a lower court that named two companies partially owned by a real estate developer that filed for bankruptcy as insolvent as well, saying a state court "a... (more story)

Bankrupt Breast Implant Co. Submits Ch. 11 Plan Disclosures

Bankrupt breast implant company Sientra Inc. has asked a Delaware bankruptcy court to approve the disclosure statement for its Chapter 11 reorganization plan, which provides for a wind-down of what is left of ... (more story)

US Trustee Wants Biotech Eiger's Ch. 11 Booted From Texas

The U.S. Trustee's Office has asked a Texas bankruptcy judge to remove the Chapter 11 case of Eiger BioPharmaceuticals Inc. from the Lone Star State, saying the company cannot justify bringing it there.

Humanigen Files Ch. 11 Plan Disclosures

Bankrupt biopharma company Humanigen Inc. has filed a proposed Chapter 11 plan and disclosure statement in Delaware court that calls for the payment in full of secured and priority claims, while general unsecu... (more story)

Canadian Supplement Co.'s Sale Hits Ch. 15 Snag In Del.

A Delaware bankruptcy judge appeared skeptical Monday that an American judge can weigh in on a dispute over rights to Canadian assets, as counsel for a troubled nutritional supplement supplier based in Canada ... (more story)