Express Files For Chapter 11 Bankruptcy
Above The Law
APRIL 23, 2024
The post Express Files For Chapter 11 Bankruptcy appeared first on Above the Law. The company will close about 100 stores, after months of sinking demand.
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Above The Law
APRIL 23, 2024
The post Express Files For Chapter 11 Bankruptcy appeared first on Above the Law. The company will close about 100 stores, after months of sinking demand.
JURIST
FEBRUARY 17, 2024
BSA declared bankruptcy in 2020 amid thousands of lawsuits for sexual abuse against Scout Leaders. A settlement was approved by a bankruptcy judge in September of 2022 and upheld by a federal court in March of the following year. billion settlement between sexual abuse victims and the Boy Scouts of America (BSA).
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Law 360
APRIL 29, 2024
Detroit-area-based Kemp Klein Law Firm has announced it hired a new bankruptcy-focused corporate lawyer to bolster its corporate, litigation and bankruptcy practices.
Above The Law
DECEMBER 21, 2023
The post Rudy Giuliani Adding Financial Bankruptcy To Moral Bankruptcy appeared first on Above the Law. The former NYC mayor is out of money. but that doesn't mean he gets to skip out on the people he defamed.
Diane Drain
JUNE 19, 2022
Usury – historical references and bankruptcy. No one wants to file bankruptcy. Having said that, and in order to protect your health and peace of mind, along with that of your family, bankruptcy may be your only option. Arizona Bankruptcy Lawyer Law Office of D.L. Filing for bankruptcy can be a difficult process.
HowAppealing
MARCH 19, 2024
“Justices Lean Toward Insurer in Asbestos Bankruptcy Dispute; Court is considering when insurers have standing in bankruptcy; Insurer questions raised in context of mass torts”: Evan Ochsner of Bloomberg Law has this report.
JURIST
JUNE 10, 2023
Judge John Dorsey of the United States Bankruptcy Court District of Delaware rejected in part and ruled in favor in part of a motion Friday by bankrupt cryptocurrency trading company FTX’s debtors and the Official Committee of Unsecured Creditors requesting the company’s customer list stay private.
HowAppealing
MARCH 22, 2024
“Virgin Islands Bankruptcy Court Survives Challenge to Authority; Court doesn’t reach merits of Bankruptcy Court’s authority; Concurring judges urge court to consider issue in the future”: Peter Hayes of Bloomberg Law has this report (subscription required for full access) on a non-precedential decision that the U.S.
JURIST
APRIL 24, 2023
Coughlin, which focuses on the effect of the Bankruptcy Code on the sovereign immunity of Native American tribes. The Bankruptcy Code revokes sovereign immunity from the United States, department agencies and “other foreign or domestic government[s].”
Above The Law
APRIL 28, 2024
Labcorp’s $239 million offer was selected as the winning bid for the assets of genetic testing company Invitae, which filed for bankruptcy protection earlier this year. The post Labcorp Makes Another Acquisition, Plucking Invitae Assets From Bankruptcy Auction appeared first on MedCity News.
Diane Drain
APRIL 18, 2022
Education Loans Can Be Discharged in Bankruptcy. Busting myths about bankruptcy and private student loans. What is behind the perception that student loans cannot be discharged in bankruptcy? 10 Things You Need to Know Before Filing Bankruptcy. Drain - Phoenix Arizona Bankruptcy Attorney. By Robert G.
JURIST
APRIL 19, 2022
In Siegle , the Court is considering whether the 2017 Amendment to the Bankruptcy Judgeship Act, which increased quarterly fees for Chapter 11 cases in the Trustee program but not the Bankruptcy Administrator program, violates the uniformity requirement of the Constitution’s Bankruptcy Clause.
JURIST
FEBRUARY 22, 2023
The US Supreme Court Wednesday ruled in a slip opinion that a Chapter 7 bankruptcy debtor cannot discharge a debt that resulted from her partner’s fraudulent activity under 11 U.S.C. § The Bartenwerfers could not pay the judgment and filed for Chapter 7 bankruptcy. 523(a)(7)(A). 523(a)(7)(A), regardless of her culpability.
JURIST
JANUARY 31, 2023
The decision reversed an early Bankruptcy Court order in favor of J&J. The circuit court’s decision is the first judicial rejection of the so-called “Texas two-step,” a novel and controversial legal strategy in which large corporations attempt to shield themselves from mass tort liability through bankruptcy claims.
JURIST
JUNE 6, 2022
Fitzgerald that Congress’ enactment of a significant Chapter 11 bankruptcy fee increase in 48 states, exempting some debtors in two states, violated the Bankruptcy Clause’s uniformity requirement. ” The post US Supreme Court holds increased fees unconstitutional in some bankruptcy cases appeared first on JURIST - News.
Diane Drain
APRIL 25, 2021
There is so much mis-information about bankruptcy and how it works, or does not work. They don’t take the time to educate you or fully inform you about the serious issues that are part of a path you are choosing to take (like filing bankruptcy). Drain Click here for steps to your free bankruptcy consultation.
JURIST
JUNE 28, 2022
Transform Holdco , a case examining appellate court jurisdiction over sales orders in federal bankruptcy proceedings. As part of the federal bankruptcy proceedings, Sears sold its assets and the Mall of America lease was transferred to Transform Holdco LLC, a corporation formed by Sears’ new owners.
JURIST
JANUARY 19, 2022
A judge for the US Bankruptcy Court for the District of Puerto Rico Tuesday gave final approval to a plan for Puerto Rico to exit bankruptcy after nearly five years. The post Federal judge approves Puerto Rico bankruptcy plan appeared first on JURIST - News.
HowAppealing
FEBRUARY 15, 2024
“Boy Scouts Urge Supreme Court Not to Freeze Bankruptcy Plan; Bankruptcy plan shouldn’t be paused, nonprofit tells high court; Boy Scouts case faces challenge over third-party releases”: Alex Wolf of Bloomberg Law has this report. You can access the U.S. Supreme Court filings in this matter via this link.
JURIST
DECEMBER 2, 2022
InfoWars and conspiracy theorist Alex Jones filed for Chapter 11 bankruptcy protections in the Southern District of Texas on Friday. ” He claims that the 9/11 attacks and the Sandy Hook shooting were orchestrated by groups within the United States government, the latter claim being the primary cause of his bankruptcy.
Above The Law
MARCH 12, 2024
Operations And Files For Bankruptcy appeared first on Above the Law. The UK-based cosmetics company is also closing half of its locations in Canada. The post The Body Shop Ceases U.S.
Law 360
APRIL 9, 2024
Lewis Brisbois Bisgaard & Smith LLP has bolstered its Delaware office with the addition of a commercial and bankruptcy attorney who formerly operated her own firm for more than six years.
Law 360
FEBRUARY 14, 2024
A Texas bankruptcy court’s recent ruling in In re: Envision makes it clear that the Bankruptcy Code preempts a section of Delaware state law that terminates a member’s interest in an LLC upon a bankruptcy filing, clarifying conflicting case law, say Larry Halperin and Joon Hong at Chapman and Cutler.
Above The Law
FEBRUARY 8, 2024
Cano Health filed for bankruptcy this week — about three years after going public $4.4 The industry reacted without surprise, with experts calling the bankruptcy a direct result of mismanagement, a quixotic growth strategy and poor market selection. billion SPAC merger.
SCOTUSBlog
FEBRUARY 22, 2024
Share The Supreme Court on Thursday rejected a request to temporarily put on hold a bankruptcy plan for the Boy Scouts of America while a challenge to that plan continues in a federal appeals court. Facing tens of thousands of lawsuits by victims of child sexual abuse, the Boy Scouts of America filed for bankruptcy in February 2020.
SCOTUSBlog
MARCH 15, 2024
Share As a specific legal question, Tuesday’s bankruptcy case is simple, almost trivial: whether the Bankruptcy Code provisions that permit any “party in interest” to “be heard on any issue” in a Chapter 11 proceeding extend to an insurance company obligated on the claims against an asbestos company during the latter’s reorganization.
LawSites
APRIL 25, 2024
According to Upsolve, a nonprofit company whose technology helps low-income individuals file for bankruptcy for free, Americans owe $1.77 trillion in student loan debt — 93% of it to the federal government. Since 2017, Upsolve’s debt relief tools have helped more than 13,000 individuals erase more than $750 million in debt.
HowAppealing
DECEMBER 3, 2023
“As high court weighs Purdue bankruptcy, opioid settlement divides victims”: David Ovalle and Robert Barnes of The Washington Post have this report. The post “As high court weighs Purdue bankruptcy, opioid settlement divides victims” appeared first on How Appealing.
JURIST
MAY 12, 2021
A judge for the US Bankruptcy Court for the Northern District of Texas dismissed the National Rifle Association’s (NRA) Chapter 11 bankruptcy filing on Tuesday, finding that the NRA did not file the petition in good faith. ” The case for dissolution of the NRA will continue in the New York County Supreme Court. .”
Above The Law
NOVEMBER 1, 2023
Here's why Stroock will do anything it can to stay away from bankruptcy. The post Bankruptcy Option Won’t Be ‘Pretty’ For Stroock appeared first on Above the Law.
Diane Drain
APRIL 16, 2022
Current state law precludes debtors like the Hebenthals from receiving tax refunds if they recently filed for bankruptcy before getting the funds. The Hebenthals, who filed for Chapter 7 bankruptcy protection in January, said their financial woes mounted when they separated last year and she lost her job for about six months.
Above The Law
MARCH 6, 2024
The post Two Of Biglaw’s Best Contribute To Massive Spike In Commercial Bankruptcy Filings appeared first on Above the Law. Commercial Chapter 11 filings were up 118% over February 2023, thanks, in part, to these Biglaw firms.
HowAppealing
MAY 1, 2024
The deal, pending approval by claimants, would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company”: Annika Kim Constantino of CNBC has this report. “Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.;
Conflict of Laws
MARCH 10, 2024
This marks not only the first time that China has recognized a Japanese court’s decision in a bankruptcy procedure, but also the first time that China has recognized a Japanese judgment. This is the first time that China has recognized a decision made by a Japanese court in bankruptcy proceedings. 1 ( (2021)?03???1)).
JURIST
JANUARY 11, 2022
The US Supreme Court Monday announced that it had granted review to three additional cases dealing with civil procedure, bankruptcy law, and worker’s compensation. Fitzgerald , deals with fees in bankruptcy court. The Bankruptcy Judgeship Act , passed in 2017, increased fees in some bankruptcy courts but not in others.
Law 360
JANUARY 8, 2024
Covington & Burling LLP announced Monday the addition of two longtime Mintz Levin Cohn Ferris Glovsky and Popeo PC attorneys to its restructuring and bankruptcy practice as partners in its Los Angeles office, both of whom bring their yearslong expertise in litigating matters relating to creditor rights, asset recovery and judgment enforcement.
HowAppealing
AUGUST 14, 2023
“Sacklers’ Fate at Supreme Court Poised to Reshape Bankruptcy Law”: James Nani of Bloomberg Law has this report. The post “Sacklers’ Fate at Supreme Court Poised to Reshape Bankruptcy Law” appeared first on How Appealing.
Law 360
JANUARY 4, 2024
rejoined Thursday as a partner in the firm's business practice group following the electric-vehicle maker filing for bankruptcy last year. A former BakerHostetler partner who left the firm to serve as general counsel during a rocky time at now-defunct Lordstown Motors Corp.
ABA Journal
OCTOBER 11, 2023
A Texas bankruptcy judge has acknowledged being in a romantic relationship with a lawyer whose former law firm brought major cases before him. Judge David…
Intelligize Blog
AUGUST 3, 2023
A surge in corporate bankruptcies through the first half of the year shows no signs of abating, putting 2023 on track for the highest number of bankruptcy filings in over a decade. In those six months, 15 companies with more than $1 billion in liabilities filed for bankruptcy, including four in June alone.
JURIST
MAY 3, 2022
The US Supreme Court Monday granted review to three cases spanning questions of bankruptcy, overtime pay and federal civil rights claims. The post US Supreme Court grants review to bankruptcy, overtime pay and federal civil rights cases appeared first on JURIST - News. In Bartenwerfer v. 523(a)(2)(A).
Diane Drain
JANUARY 2, 2021
Find The Right Bankruptcy Lawyer For You. Reprint from a great California bankruptcy attorney – Cathy Moran. Picking the right bankruptcy lawyer is a lot like picking the right head coach for a sports team. Bankruptcy is a specialized area of law that can be far more complex than appears on the surface.
HowAppealing
MARCH 22, 2023
Supreme Court review on unit’s bankruptcy”: Dietrich Knauth of Reuters has this report. Supreme Court review on unit’s bankruptcy” appeared first on How Appealing. “J&J to seek U.S. The post “J&J to seek U.S.
Diane Drain
APRIL 4, 2021
If You Are Going to File Bankruptcy, You Must Follow the Rules – No Exception. He filed a “skeletal” chapter 7 bankruptcy case on March 2, 2020. On March 11, Harrell requested, and the bankruptcy court granted, an extension of time to file missing documents. Bankruptcy is not a game. In prison?
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