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News and updates from Thomas H. Curran Associates.
Hess creditors seek dismissal of Virgin Islands bankruptcy | Reuters
Creditors of Hess subsidiary HONX claim that the company is merely using its bankruptcy filing as a way to put a pause on the company’s...
Three Arrows liquidators asks U.S. court to force crypto founders to cooperate | Reuters
Representatives for Three Arrows Capital (3AC) have asked a U.S. bankruptcy court in Manhattan to force the cryptocurrency hedge fund's...
How a bankruptcy innovation halted sick plaintiffs’ lawsuits
Attorney Greg Gordon’s new strategy for dodging expensive lawsuits called the “Texas two-step” has been receiving polarizing This...
Biden administration publishes framework for regulation of cryptocurrency, NFTs – JURIST – News
The Biden administration is tightening up regulation on cryptocurrency such as NFTs. Owners and traders of crypto-assets will be operating...
Akorn to pay $7.9 million to resolve Medicare fraud claims | Reuters
Case: United States ex rel Albermarle LLC v. Akorn Operating Company LLC, District of Massachusetts, No. 1:21-cv-11060 Akorn, a...
U.S. judge rejects parts of Boy Scouts’ $2.7 billion sex abuse deal | Reuters
Boy Scouts of America filed for chapter 11 bankruptcy in February 2020 after being hit by a flood of sexual abuse lawsuits. On July 29,...
Produce delivery debts not exempted from bankruptcy discharge – 11th Circuit | Reuters
Last month a federal appeals court ruled in favor of Central Market of Florida, Inc., holding that bankrupt Florida grocery store owners...
Endo seeks to block government opioid lawsuits during its bankruptcy | Reuters
Usually, a petition for Chapter 11 bankruptcy will protect a company from being sued during the process of restructuring and completing...
Revlon gets court approval for $1.4 billion bankruptcy loan | Reuters
After filing for chapter 11 bankruptcy in June, Revlon claimed its $3.5 billion debt prevented it from making payments to its critical...
Judge appoints Kenneth Feinberg to evaluate J&J cancer claims in bankruptcy | Reuters
After a Johnson and Johnson subsidiary filed for bankruptcy, a New Jersey Bankruptcy Judge ordered expert Kenneth Feinberg to assess the...
U.S. backs students claiming Harvard ignored professor’s sexual harassment | Reuters
Three graduate students have accused Harvard University of ignoring their complaints of sexual harassment by a professor. Allegedly, the...
Starbucks executives, directors are sued over diversity policies | Reuters
Opposite the typical discrimination claims commonly faced by companies, Starbucks has been sued for racial discrimination because they do...
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