/bankruptcy-authority/large-cap?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Bankruptcy Authority Large Cap Copyright 2025 °µÍø½ûÇø. en-US Thu, 05 Jun 2025 19:58:31 +0000 /bankruptcy-authority/large-cap/articles/2350044?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2350044 A New York federal judge on Thursday allowed Brazilian airline Gol Linhas Aéreas Inteligentes SA to put its confirmed Chapter 11 plan into motion, finding the Office of the U.S. Trustee's request for a partial stay on the plan's third-party releases was unnecessary. Thu, 05 Jun 2025 19:32:30 +0000 /bankruptcy-authority/large-cap/articles/2349846?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349846 A technology platform for startups is hoping to mediate a string of legal disputes with a creditor and former business partner in its Chapter 11. The Church of Jesus Christ of Latter-day Saints urged a Delaware bankruptcy judge to enforce the Boy Scouts of America's Chapter 11 channeling injunction, saying it has been forced to defend itself from released claims. And ExxonMobil objected to a biofuel startup's Chapter 11 auction proposal, asserting that it has rights to certain intellectual property up for sale. Thu, 05 Jun 2025 17:38:47 +0000 /bankruptcy-authority/large-cap/articles/2349817?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349817 Citing critical unknowns in Ligado Networks LLC's proposed Chapter 11 plan, Boeing Satellite Systems has asked a Delaware bankruptcy judge to order Ligado to choose whether to accept or reject a key Boeing contract, and to escrow at least $37.8 million to cure existing defaults before confirmation. Thu, 05 Jun 2025 17:23:46 +0000 /bankruptcy-authority/large-cap/articles/2349421?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349421 New commercial Chapter 11 cases surged 62% in May compared to the previous month, climbing to 733 from 453 in April, as businesses continue to grapple with high borrowing costs and ongoing economic uncertainty, new data released by Epiq AACER and the American Bankruptcy Institute showed. Thu, 05 Jun 2025 14:39:56 +0000 /bankruptcy-authority/large-cap/articles/2349569?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349569 President Donald Trump's pick to lead the U.S. Department of Labor's employee benefits division told a Senate panel Thursday to prepare for an overhaul of the subagency if he's confirmed, vowing to change the direction of enforcement, regulation and more. Thu, 05 Jun 2025 14:39:52 +0000 /bankruptcy-authority/large-cap/articles/2349744?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349744 Munsch Hardt Kopf & Harr PC on Wednesday announced that it has tapped shareholders in Dallas and Houston to lead its women's initiative group, a program designed to support the advancement, retention and public profile of female lawyers across the firm. Thu, 05 Jun 2025 13:56:10 +0000 /bankruptcy-authority/large-cap/articles/2328074?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2328074 After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie. Wed, 04 Jun 2025 21:00:06 +0000 /bankruptcy-authority/large-cap/articles/2349403?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349403 A Delaware bankruptcy judge Wednesday questioned why firefighting foam maker Kidde-Fenwal did not include in plan disclosures details about the recoveries its creditors can expect under its Chapter 11 proposal, as the debtor prepares to send its reorganization plan out for a vote. Wed, 04 Jun 2025 20:47:10 +0000 /bankruptcy-authority/large-cap/articles/2349315?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349315 California hotel operator MOM CA Investco LLC asked a Delaware bankruptcy judge to increase its Chapter 11 financing by $14.5 million, up from the $5 million that has already been approved. Wed, 04 Jun 2025 20:43:09 +0000 /bankruptcy-authority/large-cap/articles/2349293?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349293 An Illinois attorney who was sanctioned $1 million alongside his client for frivolously litigating a condominium governance fight and later helped that client engage in knowingly improper bankruptcy conduct should be suspended for a year and complete a professionalism seminar, a state disciplinary watchdog says. Wed, 04 Jun 2025 19:55:49 +0000 /bankruptcy-authority/large-cap/articles/2349298?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349298 Berkeley Research Group told a California bankruptcy court Wednesday its representatives will meet with the U.S. Trustee's Office next week as part of the watchdog's ongoing inquiry into a March cyberattack on the consulting firm that potentially exposed confidential information tied to the bankruptcies of Roman Catholic dioceses across the country. Wed, 04 Jun 2025 18:06:38 +0000 /bankruptcy-authority/large-cap/articles/2349371?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349371 Straightforward financial problems aren't always the route to or the problem to solve in a bankruptcy, according to experts, who say there are a number of special circumstances that can be dealt with in bankruptcy court. Wed, 04 Jun 2025 14:11:47 +0000 /bankruptcy-authority/large-cap/articles/2349144?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349144 Herbert Smith Freehills Kramer LLP announced on Wednesday its first hires since the merger between Kramer Levin Naftalis & Frankel LLP and Herbert Smith Freehills LLP became official at the start of this month, welcoming two attorneys from New York bankruptcy boutique Togut Segal & Segal LLP. Wed, 04 Jun 2025 13:42:46 +0000 /bankruptcy-authority/large-cap/articles/2349175?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2349175 Counsel for skilled nursing facility operator Petersen Health Care told a Delaware bankruptcy judge Wednesday it expects to reach a deal allowing the debtor to seek confirmation of a Chapter 11 liquidation plan next week and avoid a Chapter 7 liquidation of its remaining assets. Wed, 04 Jun 2025 10:23:35 +0000 /bankruptcy-authority/large-cap/articles/2345831?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2345831 While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis. Tue, 03 Jun 2025 21:23:04 +0000 /bankruptcy-authority/large-cap/articles/2348789?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348789 The Office of the U.S. Trustee objected to the Chapter 11 plan disclosure statement of department store Conn's, saying the plan contains third-party releases with an opt-out mechanism that is not permissible under the Supreme Court's ruling in Harrington v. Purdue Pharma. Tue, 03 Jun 2025 20:02:29 +0000 /bankruptcy-authority/large-cap/articles/2348189?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348189 A New York federal judge has ordered the former owners of reorganized international shipping group Eletson Holdings Inc. to drop proceedings they initiated in Greece and the United Kingdom to enforce a $102 million arbitral award while he determines whether the award is fraudulent. Tue, 03 Jun 2025 18:55:58 +0000 /bankruptcy-authority/large-cap/articles/2348694?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348694 The state of Maryland has challenged bankrupt drug store chain Rite Aid's bid to extend the automatic stay in its second Chapter 11 case to the state's appeal of a confirmed plan in an earlier bankruptcy, saying the appeal has been fully briefed and won't harm the debtor. Tue, 03 Jun 2025 18:43:53 +0000 /bankruptcy-authority/large-cap/articles/2348628?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348628 Retired U.S. Bankruptcy Judge Joan N. Feeney has been chosen to mediate a dispute between Jackson Walker LLP and the U.S. Trustee's Office over the watchdog's bid to get the firm to forfeit fees from dozens of cases overseen by an ousted judge, setting Feeney up to help resolve one of the most contentious cases to hit the bankruptcy bar in years. Tue, 03 Jun 2025 17:55:06 +0000 /bankruptcy-authority/large-cap/articles/2348323?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348323 Accord Healthcare Inc. says the U.S. Supreme Court should reject bankrupt OxyContin maker Purdue Pharma LP's attempt to revive its legal effort to use patent laws to block the release of a competing, "crush-resistant" generic painkiller.