Carlyle Expects to Commit to Two More Japan Deals by Year End
Carlyle’s Japan office has four deals in due diligence, and expect to be committed to two of them by the end of the year, Japan co-head
Bankruptcy
23andMe Nets Approval for Bankruptcy Plan With Data Breach Deals
Fallen DNA testing firm 23andMe won court approval of a bankruptcy plan that includes settlements to provide up to $62 million to resolve thousands of data breach claims.
Creditor Pacts Used to Thwart LMEs Challenged by Altice USA
For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, client meetings and on conference stages — that creditors were skirting antitrust laws by banding together in so-called cooperation agreements.
Petters Co. Trustee Disputes BMO Bank’s $3 Million Admin Claim
The Petters Co. liquidating trust, created after the company’s 2008 collapse into a massive Ponzi scheme, is challenging BMO Bank’s bid for a $3.1 million administrative expense claim that the trust says was filed more than nine years late.
ModivCare’s Bankruptcy Exit Plan Prompts Several Objections
ModivCare Inc.'s proposed bankruptcy exit plan drew objections from insurers, the Justice Department’s bankruptcy-monitoring unit, and a committee of unsecured creditors that said the terms are insufficient to move forward.
Hurricanes’ Owner Beats Litigation Over Failed Football League
Thomas Dundon, the billionaire owner of the Carolina Hurricanes, defeated claims that he failed to make good on a $250 million commitment to support a startup professional football league before its collapse in 2019.
Practitioner Insights
View More Insights
Dorothy Lund
Columbia Law School
Kenneth Rosen
Ken Rosen Advisors
Spotlight on Judge David R. Jones
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation
Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.
Texas Two-Step: Jones Day's Tactic to Evade Mass Tort Liability Through Bankruptcy
Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.
Latest Stories
Australian Home Prices Extend Gains as Affordability Worsens
Australian home prices extended gains in November as demand continued to outstrip supply, a dynamic that could add to inflation pressures and keep the Reserve Bank from cutting interest rates further.
Litigation Finance Hits a Wall After Bets on Huge Gains Falter
The litigation finance industry — a $20 billion market that channels capital from investors to lawyers chasing corporate malfeasance — faces an array of hurdles in the form of regulatory changes, lower payouts and longer trial times.
Worldwide Markets Roiled by Data-Center Snafu in Chicago Suburb
One of the first signs of trouble arrived at 9:41 p.m. Eastern time on Thursday, when most of Wall Street was shut and traders were still enjoying the Thanksgiving holiday in the US.
Teen Brands Win Over Black Friday Shoppers Underwhelmed by Deals
This Black Friday, one class of retailers has figured out the trick of luring shoppers suffering through frigid temperatures and high inflation: teen brands.
Yellow Lands Bankruptcy Deals With Multiemployer Pension Plans
Bankrupt trucking company Yellow reached settlements with 14 multiemployer pension plans to resolve billions of dollars in disputed withdrawal liability claims.
China State Construction Unit Settles $1.6 Billion Baha Mar Feud
A US-based subsidiary of China State Construction Engineering Corp. dragged into bankruptcy last year after losing a $1.6 billion judgment over construction of the Baha Mar resort reached a settlement with the developer.
23andMe Nets Approval for Bankruptcy Plan With Data Breach Deals
Fallen DNA testing firm 23andMe won court approval of a bankruptcy plan that includes settlements to provide up to $62 million to resolve thousands of data breach claims.
Fintech Pagaya Hikes Pricing on $399 Million Subprime Debt Deal
Compass Diversified Up on Planned Call for Results Restatement
EXPLORE BLOOMBERG LAW
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: