What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.
Imerys Talc's Long Road Through Ch. 11
Imerys Talc America Inc. has been winding through the Chapter 11 system for roughly seven years — joined mid-course by Cyprus Mines Corp. and briefly by an Italian affiliate.
Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say
An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.
What's Happening In Bankruptcy Court This Coming Week
Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.
Imerys Talc's Long Road Through Ch. 11
Imerys Talc America Inc. has been winding through the Chapter 11 system for roughly seven years — joined mid-course by Cyprus Mines Corp. and briefly by an Italian affiliate.
Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say
An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.
Expert Analysis
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Large Cap More
A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.
Johnson & Johnson's talc liability unit will get another chance to pursue libel claims over a scientific article linking talcum power to mesothelioma, after the Third Circuit agreed to send the case back to Ne... (more story)
The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018... (more story)
Lenders to bankrupt STG Logistics Inc. have filed an adversary complaint in the Chapter 11 case of the freight and logistics services provider, seeking to continue to keep prosecuting an existing state court s... (more story)
The Texas judge overseeing Saks Global Enterprises LLC's bankruptcy said on Friday he will allow the debtors to seal information included in a proposed settlement because it is governed by a decade-old protect... (more story)
A New Jersey federal judge has refused to disturb a magistrate judge's decision compelling a state watchdog to turn over documents from its inquiry into CarePoint Health Systems Inc., rejecting the agency's bi... (more story)
A New Jersey bankruptcy judge approved a proposed creditor settlement Friday in the Chapter 11 case of canned food producer Del Monte, saying it was inextricably linked to a series of sale transactions he also... (more story)
A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faeg... (more story)
Bankrupt jewelry house Lugano Diamonds has filed a Chapter 11 adversary complaint against Travelers Insurance, seeking a court declaration that the insurer is responsible for all of Lugano's defense costs in l... (more story)
A Connecticut attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case has asked the state's highest court to consider whether it was proper for a judge to suspend ... (more story)
Mid Cap More
The owner of a bankrupt government contractor has asked a Delaware federal court to throw out a perjury indictment against her, arguing federal prosecutors criminalized what she said were good faith, and in so... (more story)
National women's clothing retailer Francesca's received approval Friday in New Jersey bankruptcy court to tap into the cash collateral of its lenders to support a wind-down of its operations, including conduct... (more story)
A partnership asked the U.S. Supreme Court to revive its $23 million loss deduction involving a Brazilian company, saying in a petition docketed Friday that the Second Circuit wrongly blocked a key argument an... (more story)
The Roman Catholic Diocese of Buffalo is making progress in settling roughly 900 claims of child sexual abuse, with the financial settlement approaching $315 million, counsel for the unsecured creditors commit... (more story)
The Office of the U.S. Trustee has seated five trade creditors on home goods e-commerce brand Food52's unsecured creditors' committee, down from a seven-member committee formed last month in the Delaware Chapter 11.
The liquidation trust for Fulcrum Bioenergy proposed a settlement with Spanish energy company Abengoa SA in Delaware bankruptcy court that would resolve years of disputes between the parties over contract perf... (more story)
Chapter 11 trustees will take over liquor brand Stoli and an affiliate under a cash collateral deal approved by a Texas bankruptcy judge Thursday that also diffuses Chapter 7 liquidation conversion motions.
A group of seven former McGlinchey Stafford PLLC attorneys with a mix of practices have found a new home in Kaufman Dolowich LLP.
The U.S. Bankruptcy Court for the District of Delaware has held the owners and affiliates of a defunct government contractor in contempt for violating a court-ordered asset freeze, concluding that they imprope... (more story)
Ice Miller LLP has opened an office in Delaware by bringing on an experienced bankruptcy attorney from Potter Anderson & Corroon LLP, which the firm's chief managing partner said is a strategic move to give th... (more story)