US Is Said to Board Third Tanker Off Venezuela as Tensions Mount
Another oil tanker has been boarded by the US near Venezuela, according to people with knowledge of the matter, as President
Bankruptcy
CFPB to Send $46 Million to Synapse Victims as Fund Runs Low
The Consumer Financial Protection Bureau said it will distribute just over $46 million to thousands of people who haven’t been able to access their money since the failure of bank-fintech middleman Synapse Financial Technologies Inc. last year, around half of what was estimated to be locked up in bank accounts.
Yellow Bankruptcy Judge Rejects Increase of Miller Buckfire Fees
Miller Buckfire & Co. lost a bid to double its deferred fee to $7.5 million as the investment banker advising the unsecured creditors’ committee in Yellow Corp.'s bankruptcy.
Bankrupt Trane Technologies Unit to Mediate, Hold Claims Trial
A bankrupt Trane Technologies Plc unit gained court approval to return to mediation as it works with asbestos claimants and other creditors to determine the value of their claims.
Kroll Moves to Toss Class Suit Over FTX Bankruptcy Data Breach
Kroll Restructuring Administration LLC moved to dismiss or arbitrate class claims over a 2023 data breach affecting customers in three large cryptocurrency business bankruptcies, saying the suit is based on “rhetoric and speculation.”
Nicklaus Co. Aims to Block Creditor’s Secured Status Before Sale
Bankrupt golf services business Nicklaus Cos. asked a court to find that a top creditor tied to banker and entrepreneur Howard Milstein doesn’t have a $476 million secured claim against the company.
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Council of the ABA Section of Legal Education and Admissions to the Bar
Chad Dale
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Ralph Carnicer
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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
FTX, Alameda Execs Agree to Officer-Director Bars, Injunctions
Former FTX and Alameda Research executives Caroline Ellison, Gary Wang, and Nishad Singh will be barred from officer and director roles under the terms of settlement agreements the SEC presented to a federal court Friday.
Luminar Technologies to be Delisted From Nasdaq
Luminar Technologies said Nasdaq informed the company it will delist its Class A common stock. Luminar’s stock is down 47%.
Payments Firm Flipcause Files Bankruptcy After Ordered to Halt
Nonprofit fundraising platform Flipcause Inc. filed bankruptcy weeks after California’s attorney general ordered the company to cease operations following reported delays in transferring donations to charities.
Fatburger Owner Faces Allegations It Masked Liquidity Crunch
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PureCycle Adding Mars to Board May Be Good for Business: Cantor
Saks Hires Adviser to Address Inventory Struggles Amid Bond Rout
Bankrupt Hospital Hits Blue Cross Alabama With $250 Million Suit
Bankrupt Montgomery, Ala. hospital Jackson Hospital & Clinic Inc. sued Blue Cross and Blue Shield of Alabama, accusing the insurer of maintaining “discriminatory” reimbursement rates that threaten the health-care provider’s ability to serve the public.
Bankrupt NoMo SoHo Hotel Owner Picks Dan Hotels to Buy Property
The bankrupt owner of the NoMo SoHo Hotel in Manhattan has selected an affiliate of Israeli hospitality chain Dan Hotels as the buyer of the boutique property for $125 million.
Tricolor Paid $125 Million for Vehicles It Will Now Auction Off
Bankrupt subprime auto lender
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