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Giuliani Must Give NYC Apartment, Watches To Poll Workers
A New York federal judge Tuesday ordered Rudy Giuliani to hand over most of his property to two Georgia poll workers, including his Manhattan apartment, Mercedes-Benz, luxury watches and valuable sports memorabilia, to help cover the $148 million judgment the former mayor owes for defaming them.
How Online Creditor Groups Are Shaping Major Bankruptcies
Internet-based creditor groups are as powerful as ever in big bankruptcy cases, with judges awarding fees to social media influencers and debtors deploying online strategies to corral support for their reorganization plans.
Keeping Track Of The Catholic Diocese Bankruptcy Cases
The Archdiocese of Los Angeles agreed last week to pay $880 million to resolve more than 1,300 claims of child sexual abuse in a deal that was noteworthy both for its size and for how it was achieved: without bankruptcy.
Giuliani Must Give NYC Apartment, Watches To Poll Workers
A New York federal judge Tuesday ordered Rudy Giuliani to hand over most of his property to two Georgia poll workers, including his Manhattan apartment, Mercedes-Benz, luxury watches and valuable sports memorabilia, to help cover the $148 million judgment the former mayor owes for defaming them.
How Online Creditor Groups Are Shaping Major Bankruptcies
Internet-based creditor groups are as powerful as ever in big bankruptcy cases, with judges awarding fees to social media influencers and debtors deploying online strategies to corral support for their reorganization plans.
Keeping Track Of The Catholic Diocese Bankruptcy Cases
The Archdiocese of Los Angeles agreed last week to pay $880 million to resolve more than 1,300 claims of child sexual abuse in a deal that was noteworthy both for its size and for how it was achieved: without bankruptcy.
Expert Analysis
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Large Cap More
A Texas bankruptcy judge Wednesday declined to order the new owner of former Steward Health Care hospitals in Massachusetts to take back changes to nurses' union contracts it assumed under his sale order, sayi... (more story)
Leech Tishman announced Tuesday that it is adding another chair to its business restructuring and insolvency practice, giving the team leadership on both coasts.
Tire and wheel seller American Tire Distributors Inc. has filed for Chapter 11 protection in Delaware bankruptcy court with $1.9 billion of debt and plans to sell the company through a court-supervised process.
A Michigan federal judge cautioned a local personal injury firm Tuesday to reel in the head of the firm on the witness stand, warning he was losing the jury in a long "inside baseball" legal discussion in his ... (more story)
Delaware's chancellor has granted a Hertz Global Holdings Inc. board special committee's request to investigate stockholder-filed derivative claims challenging the fairness of $4 billion in stock buybacks in 2... (more story)
Bankrupt food storage product company Tupperware Inc. said Tuesday it had reached a deal with a group of secured creditors for an $87.3 million sale transaction that would resolve an ongoing issue wherein cred... (more story)
Wheel manufacturer Accuride Corp. became the latest private equity-backed company to hit bankruptcy due to the strain of inflation and supply chain problems when it followed fellow wheel company Wheel Pros. in... (more story)
Amazon.com, Meta, Fox News and dozens of other corporate powerhouses, along with several law firms, have asked a Connecticut bankruptcy judge to block a Chapter 11 trustee from recouping cash payments for serv... (more story)
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades... (more story)
For decades, a handful of New York-based law firms thoroughly dominated the national consciousness when it came to power, profitability and prestige. But in today's legal market, increased movement of partners... (more story)
Mid Cap More
Holders of equity in the reorganized iteration of gaming terminal operator Lucky Bucks LLC received a court's permission Wednesday to take discovery from members of the company's former management team, with a... (more story)
A Nevada jury awarded $5 billion in punitive damages Wednesday in a 15-plaintiff trial over liver damage linked to Real Water's "alkaline water," the largest verdict yet in ongoing litigation against the bankrupt company.
A Delaware bankruptcy judge said Wednesday that he won't, for now, set aside more than $242,000 in legal fees he ordered a lawyer representing the owners of an insolvent government contractor to pay in a clawb... (more story)
A California federal judge trimmed a securities claim from a Sonoma resident's suit against a real estate company embroiled in a fraud scandal and recommended that the rest of the claims be brought in state court.
A federal judge warned government attorneys Wednesday that she would dismiss their case against an estate for $4.9 million in taxes if they didn't explain why they weren't actively pursuing their accusations t... (more story)
The liquidators of Cayman Islands-based investment firm Canterbury Securities have filed for Chapter 15 recognition in New York bankruptcy court on Monday, following a dispute with another firm over a $20 mill... (more story)
A company that employs military spouses to make handbags can take steps to continue operating while it pursues a Chapter 11 reorganization in the wake of manufacturing delays and advertising complications that... (more story)
A Los Angeles-based multistate wound care practice has filed for Chapter 11 protection in a Texas bankruptcy court, saying it can't pay nearly $156 million in charges from its management company after its Medi... (more story)
Bankrupt bus operator Coach USA Inc. has reached deals to undo Chapter 11's automatic stay and allow over a dozen state lawsuits to move forward, an attorney for the transportation group told a Delaware bankru... (more story)
A Delaware bankruptcy judge on Tuesday approved cleaning products company Supply Source Enterprises Inc.'s Chapter 11 liquidation plan after hearing that more than $1.3 million had been set aside from its July... (more story)