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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
As borrowers grapple with approaching near-term maturities on corporate debt, lenders should be proactive in mitig... (more story)
During this year’s pro bono celebration week, companies should consider some key pointers to grow and maintain a v... (more story)
The U.S. Supreme Court’s June ruling in Harrington v. Purdue Pharma is having a significant impact on bankruptcies... (more story)
Large Cap More
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)
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)
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)
A Manhattan federal jury on Tuesday convicted the former CEO of real estate investment firm Arciterra for trying to manipulate the price of WeWork stock via a $77 million tender offer on the cusp of the office... (more story)
New York federal prosecutors made their final pitch on Monday to jurors weighing the fate of the former CEO of real estate investment firm Arciterra accused of manipulating the market through a bogus $77 milli... (more story)
Mid Cap More
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)
The U.S. Trustee's Office has asked a Delaware bankruptcy judge to reject Jordan Health Products' request to pay its stalking horse bidder up to $750,000 in expense reimbursement, saying the bidder bought Jord... (more story)
A Delaware bankruptcy judge agreed Monday to confirm the Chapter 11 restructuring plan of toymaker Basic Fun, saying the company's creditors had been adequately informed and he appreciated the work done to rea... (more story)
Pipe distributor Tubular Synergy Group has told a Texas bankruptcy judge it secured a more than $14.9 million bid from pipe manufacturer Centric Pipe LLC for various assets in its Chapter 11 case.
Two litigation funders are urging a Texas federal court to adopt a magistrate judge's recommendation to toss claims against them in a proposed class action alleging a law firm deceptively advertised to hurricane victims.