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Expert Analysis

The 3rd-Party Bankruptcy Release Landscape After Purdue

In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment... (more story)

Striking A Balance Between AI Use And Attorney Well-Being

As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders mu... (more story)

Being An Artist Makes Me A Better Lawyer

My work as an artist has highlighted how using creativity and precision together — qualities that are equally esse... (more story)

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Ex-Celsius CEO OK'd To Seek Testimony From Abroad

A New York federal judge Thursday gave former Celsius Network CEO Alex Mashinsky the green light to seek deposition testimony from witnesses reading abroad that he claims is crucial to his defense, but decline... (more story)

Teamsters Tell 10th Circ. To Nix Yellow's Contract Claims

The Tenth Circuit must uphold a district court's decision to dismiss Yellow Corp.'s $137 million lawsuit against the Teamsters, the union said, arguing the business didn't exhaust the grievance process under a... (more story)

Boy Scouts Judge OKs Incarcerated Survivor's Late Claim

A Delaware bankruptcy judge said Thursday she will allow a Boy Scouts sexual abuse survivor, who missed a claims bar cutoff and a deadline to apply to a trust set up for abuse claimants, to file a late claim i... (more story)

Firm That Took Hurricane Victim Cases Wants Out Of Fee Row

A Louisiana law firm that took over now-bankrupt Houston plaintiffs firm MMA Law's hurricane victim cases is appealing a Houston bankruptcy's court's decision not to free it from a lawsuit claiming that it cut... (more story)

Del. Atty Will Co-Lead Lewis Brisbois' Bankruptcy Practice

Lewis Brisbois Bisgaard & Smith LLP recently announced that a partner who joined its Delaware office late last year has been appointed to co-chair the firm's bankruptcy and insolvency practice.

FTX Exec Looks To Avoid Prison For 'Smallest Share' Of Crime

Former FTX technology chief Zixiao "Gary" Wang on Wednesday asked a Manhattan federal judge not to give him prison time for his part in the $11.2 billion fraud case, calling himself "the one who stands convict... (more story)

Vitamin Shoppe Owner Gets OK For Trimmed Ch. 11 Loan

The owner of the Vitamin Shoppe retail chain and other businesses received interim approval Wednesday from a Delaware bankruptcy judge for a slimmed-down Chapter 11 loan after the lenders agreed to more favora... (more story)

Texas' MMA Sues Firm That Took Over Its Hurricane Cases

The bankrupt Houston plaintiffs' firm MMA Law has sued Daly & Black PC, the law firm that took over its clients, in Texas bankruptcy court seeking to claw back a cut of attorneys' fees from thousands of lawsui... (more story)

3rd Circ. Mulls Mootness In Boy Scouts Ch. 11 Plan Appeals

Questions over whether equitable and statutory mootness foreclose challenges to the Boy Scouts of America's bankruptcy took center stage Wednesday during arguments before the Third Circuit, with the judges and... (more story)

Conn's Gets OK For $360M Asset Sale To Debt Collector

A Texas bankruptcy judge Wednesday approved the sale of most of retail chain Conn's assets to debt collector Jefferson Capital Systems for $360 million after hearing all objections had been resolved.

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Privilege Overruled In Firm's Suit Against Drinks Co. Founder

A Florida state court judge Thursday ordered the founder of the company that makes Bang Energy drinks to sit for a deposition in a lawsuit over unpaid fees brought by counsel who formerly represented him in a ... (more story)

Blink Asks Court To OK Contested $121M Stalking Horse Sale

Two gym chains sparred over the assets of Blink Fitness Inc. in Delaware bankruptcy court Wednesday and Thursday, with a franchisee of U.S. mainstay Planet Fitness trying to upend a planned sale to the winning... (more story)

Solar Energy Co. Hits Ch. 11 With $100M In Debt, Sale Plans

Oya Renewables, a solar energy producer with offices in Boston and Toronto, has filed for Chapter 11 protection in the Delaware bankruptcy court, disclosing at least $100 million in liabilities — including alm... (more story)

Colo. Cannabis Co. Seeks Receivership As Part Of Wind Down

A branded cannabis consumer goods company asked a Colorado state court late Wednesday to appoint a receiver over its business as its Canadian parent company seeks to wind down its operations.

NC Court Refuses Law Firm Sanctions In Bankruptcy Fee Fight

A North Carolina business bankruptcy law firm and its founder have escaped sanctions for allegedly lying to a trial court about its communications in a fee dispute, as a state appellate court said the former c... (more story)

Grocery Co. Takeoff Reaches Deal To Avoid Ch. 7 Conversion

Grocery automation firm Takeoff Technologies reached a new settlement with its creditors and debtor-in-possession lenders that the debtor says paves the way for a Chapter 11 liquidation of its remaining assets... (more story)

Bankruptcy Judge OKs $54M Credit Bid For BurgerFi Assets

A Delaware bankruptcy judge said on Wednesday that he will approve a $10 million credit bid by BurgerFi International Inc.'s senior secured lender TREW Capital Management Private Credit 2 LLC to take over the ... (more story)

Texas Baptist Church Files Ch. 11 Bankruptcy

A Houston Baptist church has filed for a subchapter V small business Chapter 11 in a Texas bankruptcy court with more than $1 million in liabilities.

FINRA Fines Firm Over Lax Real Estate Investment Diligence

The Financial Industry Regulatory Authority ordered broker-dealer XP to pay $800,000 in restitution and penalties to settle claims that, among other things, it recommended investments in a series of real estat... (more story)

Lowenstein Sandler Sues Firm Over Dispensary Fee Dispute

A New Jersey law firm accused of helping forcibly dismantle a medical cannabis dispensary to deprive Lowenstein Sandler LLP of over $750,000 in fees for work on the dispensary's behalf has asked the New Jersey... (more story)