The Irish based company, Mallinckrodt’s, second bankruptcy may place creditors in ownership of the company and cut $1 billion from the...
Bankruptcy News
Rite Aid chain reportedly could sell up to 500 stores in bankruptcy plan | NBC News
Rite Aid, one of the largest drugstore chains in the United States, is allegedly preparing to pursue bankruptcy protection, which could...
First Circuit Describes How to Value an Interest in Entireties Property
In the recent case Rodgers, Powers & Schwartz, LLP v. Minkina (In re Minkina), No. 22-1624, 2023 U.S. App. LEXIS 22394 (1st Cir. Aug....
The Tenth Circuit Holds That the Government’s Sovereign Immunity is Waived in Bankruptcy Fraudulent Transfer Proceedings, Deepening the Circuit Split on the Issue
The Tenth Circuit Court of Appeals recently held that the United States’ sovereign immunity is waived with respect to a bankruptcy...
Legal Limbo: The Texas Two-Step Treads a Divided Path
Colloquially known as the Texas Two-Step, the contentious bankruptcy strategy faces an uncertain future following divergent rulings in the...
Violation of Settlement Agreement Deemed Non-Dischargeable | LexBlog
The United States District Court for the Northern District of Texas recently ruled that a debtor’s violation of a settlement agreement was...
J&J Jury’s Cancer Verdict Ramps Up Pressure on Bankruptcy Vote | Bloomberg Law
Until the July 18 verdict, J&J has avoided jury decisions in cases litigating the health risks of its baby powder through...
Delaware bankruptcy judge grants motion to keep FTX customer list secret | Jurist
Bankruptcy proceedings against FTX began in winter of 2022 following a failure of the company to pay investors and allegations of fraud....
U.S. Bankruptcy Court for the Southern District of Texas Upholds “Uptier” Transaction in Serta Bankruptcy Case | JDSUPRA
Case: Serta Simmons Bedding, LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding, LLC), No. 23-90020 (Bankr. S.D. Tex. June...
NYC’s Jimmy Buffett-Themed Margaritaville Resort Files For Bankruptcy | Forbes
Jimmy Buffet's Manhattan branch Margaritaville Resort Times Square Hotel, filed for Chapter 11 bankruptcy protection this month to bypass...
Monster Reportedly Approved To Buy Bang Energy Out Of Bankruptcy For $362 Million | Forbes
Monster Energy is set to acquire Bang Energy after a bankruptcy judge granted approval. Bang Energy filed for Chapter 11 bankruptcy in...
Christmas Tree Shops expects to liquidate all stores | USNews
Christmas Tree Shops, best known for its unique home goods at discounted prices, anticipates liquidating all its stores after filing for...
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