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)

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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.

Anthem Wants Kwok Ch. 11 Trustee To Foot Mediation Bill

Anthem has objected to plans from the Chapter 11 trustee overseeing Chinese exile Ho Wan Kwok's estate to force it and hundreds of other avoidance action defendants into mediation, questioning the merits of th... (more story)

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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)

NH Power Plant Co. Can Send Dual-Path Ch. 11 Plan To A Vote

The operator of a New Hampshire power plant fueled by scrap wood can seek creditors' approval of its Chapter 11 proposal, through which the debtor would either sell its assets or hand ownership of the reorgani... (more story)

BowFlex's $37.5M Ch. 11 Asset Sale Gets Green Light

A New Jersey bankruptcy judge on Monday approved fitness equipment maker BowFlex Inc.'s sale of assets to its stalking-horse bidder after canceling an auction, saying the company was accepting a fair offer.

Alleged Bankruptcy Fund Snatcher Had A Rap Sheet Of Fraud

Accused last week of trying to steal $1.8 million of bankruptcy fundsĀ from rightful claimants, Osakwe Ismael Osagbue allegedly submitted bogus applications for the unclaimed money while on probation for credit... (more story)

Bridal Designer Seeks Conversion Of JLM Couture To Ch. 7

A bridal dress designer engaged in litigation with bankrupt dressmaker JLM Couture asked a Delaware court Friday to convert the company's insolvency case to a Chapter 7 liquidation, saying the costs of that on... (more story)

Creditors To Depose Giuliani In Ch. 11 Quest For Assets

Rudy Giuliani will be deposed by his Chapter 11 creditors beginning on Monday, according to a filing in a New York bankruptcy court.

Kevin Carey, Bankruptcy Bench 'Legend,' Dies At 69

Former U.S. Bankruptcy Judge Kevin Carey, who served on the Delaware bench for 14 years and was hailed as a "legend in the bankruptcy world," died Thursday at the age of 69.