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Exterior of gray stone building with brass etched sign that says US Bankruptcy Court

What's Happening In Bankruptcy Court This Coming Week

Bankruptcy judges this week are set to consider confirmation of wind-down plans from solar energy developer Pine Gate Renewables and subprime lender PrimaLend Capital Partners LP, while also mulling approval for billions of dollars in Chapter 11 financing to support Saks Global.

green bankruptcy law books on shelf

ArentFox Schiff's New LA Head Talks Success For 'Long Run'

As just the third managing partner in the history of ArentFox Schiff LLP's Los Angeles office, Aram Ordubegian is looking to help it thrive "for the long run."

A stock photo of a brown gavel and a stethoscope resting atop the gavel's round sound block.

Meet The Attys In PE Group Inspired Healthcare's Ch. 11

Inspired Healthcare Capital, a private equity firm that develops senior living facilities, filed for Chapter 11 protection in Texas earlier this month with plans to sell its assets. Guiding it through bankruptcy is a team of McDermott Will & Schulte LLP attorneys who have represented nursing home and healthcare clients in recent complex Chapter 11 cases.

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Exterior of gray stone building with brass etched sign that says US Bankruptcy Court

What's Happening In Bankruptcy Court This Coming Week

Bankruptcy judges this week are set to consider confirmation of wind-down plans from solar energy developer Pine Gate Renewables and subprime lender PrimaLend Capital Partners LP, while also mulling approval for billions of dollars in Chapter 11 financing to support Saks Global.

green bankruptcy law books on shelf

ArentFox Schiff's New LA Head Talks Success For 'Long Run'

As just the third managing partner in the history of ArentFox Schiff LLP's Los Angeles office, Aram Ordubegian is looking to help it thrive "for the long run."

A stock photo of a brown gavel and a stethoscope resting atop the gavel's round sound block.

Meet The Attys In PE Group Inspired Healthcare's Ch. 11

Inspired Healthcare Capital, a private equity firm that develops senior living facilities, filed for Chapter 11 protection in Texas earlier this month with plans to sell its assets. Guiding it through bankruptcy is a team of McDermott Will & Schulte LLP attorneys who have represented nursing home and healthcare clients in recent complex Chapter 11 cases.

Expert Analysis

If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

Andrew Klauber, Andrew Townsell and Anthony Grossi

Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle ... (more story)

If Your AI Vendor Goes Bankrupt: Keeping Licensed IP Access

Andrew Klauber, Andrew Townsell and Anthony Grossi 

With contracting norms still evolving to account for the licensing of artificial intelligence tools, customers tha... (more story)

When Bankruptcy Collides With Product Recalls

Michael Avanesian

The recent bankruptcy filing by Rad Power Bikes on the heels of a U.S. Consumer Product Safety Commission warning ... (more story)

Large CapMore

Brazil Antitrust Enforcer OKs $100M United Investment In Azul

Brazil's antitrust regulator has cleared a $100 million investment by United Airlines in Azul SA as part of the Brazilian airline's Chapter 11 reorganization, finding the transaction posed no anticompetitive risk.

Boy Scouts Trustee Seeks Documents From Mormon Church

The trustee overseeing payments to sexual abuse victims in the Boy Scouts of America bankruptcy has asked a Delaware federal judge to order the Church of Jesus Christ of Latter-day Saints to cough up documents... (more story)

Atlanta Boutique Ardis Law Brings On Taylor Duma Attys

A pair of Taylor Duma LLP attorneys — including a former Fulton County Superior Court judge — has joined Atlanta-based law firm Ardis Law LLP, strengthening its creditors' rights, bankruptcy and litigation services.

Saks Approved For More Store Closing Plans In Ch. 11

Bankrupt luxury retailer Saks Global received court approval Friday in Texas to begin closing procedures at nine of its flagship stores and continue the liquidation of its off-price e-commerce inventory as par... (more story)

Talc MDL Law Firm Accuses Litigation Funders Of Case Piracy

A leading plaintiffs law firm in the multibillion-dollar litigation over Johnson & Johnson's tainted talcum powder has alleged in Mississippi federal court three investment firms loaned it "tens of millions" o... (more story)

J&J Hit With $250K Verdict In 2nd Philly Talc Trial

A Philadelphia jury hit Johnson & Johnson with a $250,000 verdict on Friday, finding the company liable in the case of a woman whose family claimed that using the company's once-famous talcum powder contribute... (more story)

Split 4th Circ. Denies Stay Lift In CertainTeed Unit's Ch. 11

A split panel of the Fourth Circuit on Wednesday upheld lower court rulings that left in place a stay of asbestos injury litigation facing the bankrupt affiliate of building material maker CertainTeed, with th... (more story)

Purdue Pharma Judge Declines To Stay Chapter 11 Plan

A New York bankruptcy judge on Thursday denied motions by personal injury claimants in the Purdue Pharma LP case to stay the opioid maker's Chapter 11 plan, ruling that delaying the deal would be far too costl... (more story)

Watchdog Defends Ex-Alex Jones Atty's Conn. Suspension

A Connecticut judge did not abuse her discretion when she suspended an attorney who formerly represented conspiracy broadcaster Alex Jones in a $1.4 billion defamation case, the state's professional misconduct... (more story)

BakerHostetler Adds 3 More Dealmakers From Loeb In NY

BakerHostetler announced on Thursday that it is bolstering its transactions bench with three New York-based mergers and acquisitions attorneys from Loeb & Loeb in a move that the firm says strengthens its offe... (more story)

Mid CapMore

Insurer Off The Hook For $2M Nursing Home Judgment

A Georgia federal judge has rejected a family's attempts to force an insurer to pay for a $2 million personal injury judgment they secured against a nursing home, ruling on Thursday the family unambiguously ga... (more story)

6th Circ. Says Ch. 13 Motion Came 84 Minutes Too Late

A 2-1 split panel of the Sixth Circuit affirmed two lower court rulings from Michigan federal judges denying a Chapter 13 debtor's motion to dismiss his bankruptcy case because the request came 84 minutes afte... (more story)

Atty Asks 3rd Circ. To Undo Sanctions For Ch. 7 Filing

A Washington, D.C., lawyer is urging the Second Circuit to order the dismissal of sanctions levied against him for making claims of document tampering in a Delaware bankruptcy case, saying he has proof that hi... (more story)

Bank Asks Judge To Scuttle Scanrock's Sale Lien-Lift Bid

Prosperity Bank urged a Texas bankruptcy judge to reject reorganized debtor Scanrock Oil & Gas' request for an order interpreting Scanrock's Chapter 11 plan, saying the debtor was improperly seeking to sell as... (more story)

Flight Simulator Co. Can Tap $8M In DIP To Fuel Ch. 11 Sale

Avenger Flight Group can access $8 million in new money debtor-in-possession funds, a Delaware bankruptcy judge ruled Friday, as the flight simulator operator charts a course to hold a going concern sale in Chapter 11. 

Edgio Execs To Pay $15M To End Misstated Revenue Suit

Former executives of Edgio Inc. will pay $15 million to shareholders to end claims that the executives misled investors about Edgio's control over its internal financial reporting in the months leading up to t... (more story)

Solar Co. PosiGen Control Suit Dismissed In Conn.

A lawsuit accusing Brookfield affiliates of seizing control of solar company PosiGen and driving it deeper into insolvency has been dismissed with prejudice in Connecticut federal court, ending a closely watch... (more story)

Flight Simulator Co. Files Ch. 11 Amid Industry Challenges

Florida-based flight simulator company Avenger Flight Group has filed for Chapter 11 protection in Delaware bankruptcy court, saying airline industry headwinds have left it seeking a sale to deal with more tha... (more story)

NYC Nightclub Gets OK On Ch. 11 Plan With Creditor Deal

The former owner of New York City music venue Brooklyn Mirage secured a Delaware bankruptcy judge's approval Thursday to wind down its business under a Chapter 11 plan after nightclub operator Pacha Group agre... (more story)

Blockchain Biz Archblock Seeks Wind-Down Amid Fraud Suits

Blockchain company Archblock on Thursday told a Delaware bankruptcy judge that it has filed for Chapter 11 bankruptcy, seeking an orderly wind-down in the face of tens of millions of dollars in legal claims.


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