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Expert Analysis

Mitigating Risk In Net Asset Value Facility Bankruptcies

In times of economic turbulence, parties to bankruptcy proceedings that involve net asset value facilities can mit... (more story)

Tax Traps In Acquisitions Of Financially Distressed Targets

Parties to the acquisition of an insolvent or bankrupt company face myriad tax considerations, including limitatio... (more story)

7 Steps To Take Before Responding To Claim Objections

When counsel is notified of an objection to the proof of claim in a bankruptcy case, they should contact the clien... (more story)

Large Cap More

Feds Delay Report Into Surfside Condo Collapse Until 2026

Federal investigators said a draft report into the June 24, 2021, collapse of the Champlain Towers in Surfside, Florida, that killed nearly 100 people won't be ready until 2026, instead of next year, after a s... (more story)

WR Grace Seeks Final End To Asbestos Ch. 11 After 23 Years

The reorganized W.R. Grace & Co. has asked a Delaware bankruptcy judge to sign a final decree closing the last Chapter 11 case in the chemical company's asbestos liability reorganization proceedings, saying th... (more story)

Tupperware Hits Ch. 11 In Del. With Plans For Quick Sale

The iconic food storage company Tupperware Brands Corp. filed for Chapter 11 bankruptcy protection in Delaware with more than $1 billion in liabilities and plans for a quick sale, after months of concern about... (more story)

Wheel Pros Floats $30M Ch. 11 Sale Of Its 4WP Unit

Bankrupt automotive wheel company Wheel Pros LLC asked a Delaware bankruptcy court to bless a private $30 million sale of its recently acquired 4WP retail unit to a subsidiary of Australia's ARB Corp., a move ... (more story)

Sheppard Mullin Scores Depp Trial Pro From Brown Rudnick

The co-lead counsel for Johnny Depp in his defamation trial against Amber Heard has moved from Brown Rudnick LLP to Sheppard Mullin Richter & Hampton LLP, which just last month announced it had landed five oth... (more story)

Delaware Powerhouse: Pachulski Stang

The bankruptcy expertise at Pachulski Stang Ziehl & Jones has made it one of Delaware's go-to firms for many types of parties and local counsel — with the Sientra Inc., Vice Media Group and Yellow Corp. bankru... (more story)

Silver Point Wraps $4.6B Opportunistic Credit Fund

Silver Point Capital beat its target to lock down $4.6 billion for its latest opportunistic credit fund, the Connecticut-based credit investing firm announced Monday.

J&J Cheers Toss Of 'Indefensible' $260M Talc Verdict

An Oregon state judge rejected a jury's $260 million verdict for a woman who blamed Johnson & Johnson's talcum powder for her cancer diagnosis, a company spokesperson said Monday.

Gibson Dunn Taps Akin Gump Atty For Private Credit Growth

A former Akin Gump partner has joined Gibson Dunn to lead the firm's private credit efforts, the firm said Monday, marking its latest addition to its New York office.

Delaware Powerhouse: Richards Layton

Over the past year, Richards Layton & Finger PA has helped Gilead Sciences Inc. fight a potentially billion-dollar claim in which the federal government alleged the biopharmaceutical company infringed patents ... (more story)

Mid Cap More

Vintage Wine Estates Nets $140M In Ch. 11 Auction

Bankrupt wine producer Vintage Wine Estates has told Delaware's bankruptcy court it scored a series of offers for its assets through a Chapter 11 auction that will bring in more than $140 million.

Pa. AG Sues Robot Co. Over $2M In Unfilled Orders, Refunds

A Pittsburgh robotics company took orders for more than $4 million worth of robot toys but failed to deliver many of them — and in the case of a toy based on the TV show "Rick and Morty," didn't secure the int... (more story)

US Trustee Wants Mountain Sports Bonuses Partly Unsealed

The U.S. Trustee's Office urged a Delaware bankruptcy judge on Wednesday to deny sports retailer Mountain Sports' bid to conceal details of bonuses it has proposed to pay employees to help incentivize them to ... (more story)

Parent Of UK's TGI Fridays Falls Into Administration

The British restaurant group that operates TGI Fridays' UK stores has collapsed into administration on Wednesday, along with its plans to sell its 87 restaurants in the UK, the company said after it nixed a de... (more story)

NYC Real Estate Week In Review

Segal & Segal and Yeung & Wang are among the law firms that guided the largest New York City real estate deals that hit public records last week, a period that saw seven deeds at or above the $20 million mark become public.

Silvergate Bank Parent Co. Files Ch. 11, Plans Liquidation

The parent company of shuttered cryptocurrency-focused Silicon Valley bank Silvergate filed for Chapter 11 protection in Delaware on Wednesday with plans to wind down and liquidate its remaining assets.

Hawkers Asian Restaurant Chain Files For Ch. 11 In Fla.

Florida-based pan-Asian restaurant chain Hawker's Asian Street Food and Craft Cocktails became the latest casual dining enterprise to file for Chapter 11 protection Tuesday, as the industry continues to deal w... (more story)

Ex-MoviePass CEO Admits $9.95 Plan Too Good To Be True

Former MoviePass CEO J. Mitchell Lowe pleaded guilty in Florida federal court on Monday to conspiracy to commit securities fraud, admitting that he and another executive hyped the illusion that their $9.95-a-m... (more story)

Red Lobster Exits Bankruptcy Protection

Casual dining seafood chain Red Lobster exited from Chapter 11 on Monday under private equity ownership and with a new CEO, five months after filing for bankruptcy to pursue a sale.

Swedish Amazon Aggregator Files Ch. 15 To Halt Arbitration

Swedish Amazon aggregator Go North Group AB, a business that consolidates small sellers into one platform, filed for Chapter 15 recognition in a New York bankruptcy court Monday, aiming to halt arbitration ove... (more story)