/bankruptcy?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Bankruptcy Copyright 2025 ¼«ËÙÈü³µ. en-US Thu, 31 Jul 2025 20:04:11 +0000 /bankruptcy/articles/2371855?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371855 Capital One told investors on Thursday that the Federal Deposit Insurance Corp. is trying to make it pay a greater share of cleanup costs from the 2023 regional banking crisis after taking issue with its call reporting, an effort the bank said it is pushing back on.   Thu, 31 Jul 2025 19:51:24 +0000 /bankruptcy/articles/2371798?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371798 A Delaware bankruptcy judge has refused to throw out or convert the involuntary Chapter 7 proceedings launched against the onetime hopeful developer of a casino in Mississippi, concluding the creditors that forced it into bankruptcy did not act in bad faith. Thu, 31 Jul 2025 19:03:06 +0000 /bankruptcy/articles/2371914?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371914 The bankrupt Roman Catholic Archdiocese of New Orleans asked a Louisiana judge for additional time Thursday to work on resolving opposition to its Chapter 11 plan disclosure statement that describes a $180 million settlement fund to provide recoveries to victims of childhood sexual abuse. Thu, 31 Jul 2025 16:19:52 +0000 /bankruptcy/articles/2371843?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371843 Two companies that mine and process sand for fracking have filed for bankruptcy in Texas, one estimating it had at least $50 million in debt and the other estimating at least $100 million, and asked to undergo a joint Chapter 11 in response to a liquidity crunch and issues with their secured lender. Thu, 31 Jul 2025 16:00:30 +0000 /bankruptcy/articles/2357889?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2357889 Stuart Lombardi of Willkie Farr & Gallagher LLP has worked for bankruptcy clients including families seeking defamation payouts in Alex Jones' insolvency and the representative of as-yet-unknown asbestos claimants in a talc producer's Chapter 11, earning him a spot among the bankruptcy law practitioners under age 40 honored by ¼«ËÙÈü³µ as Rising Stars. Thu, 31 Jul 2025 14:11:37 +0000 /bankruptcy/articles/2371382?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371382 Solar panel business Sunnova Energy International Inc. secured a Texas bankruptcy judge's blessing Thursday to sell almost all of its assets to a group of lenders for about $118 million. Thu, 31 Jul 2025 09:42:07 +0000 /bankruptcy/articles/2343351?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2343351 Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo. Wed, 30 Jul 2025 23:18:49 +0000 /bankruptcy/articles/2371157?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371157 A split Third Circuit on Wednesday upheld a New Jersey federal judge's class certification order in a Johnson & Johnson investor action alleging the company artificially inflated its stock price by failing to disclose cancer risks associated with its talcum powder products, finding the lower court did not err in concluding that common issues predominate in the suit. Wed, 30 Jul 2025 22:13:52 +0000 /bankruptcy/articles/2371140?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371140 The Second Circuit affirmed convictions for Live Well's founder for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it, ruling Wednesday jurors had enough evidence to determine he misrepresented the value of collateral to secure loans and did so with fraudulent intent. Wed, 30 Jul 2025 19:44:51 +0000 /bankruptcy/articles/2371297?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371297 Bankrupt cryptocurrency miner Rhodium told a Texas federal bankruptcy judge that a company that creates large scale cooling systems cannot bring patent infringement claims, saying Wednesday the company's claims already failed in a federal district court. Wed, 30 Jul 2025 18:40:15 +0000 /bankruptcy/articles/2371281?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371281 Bankruptcy courts are authorized to decide the amount and legality of nondischargeable tax claims, an Indiana couple told the U.S. Supreme Court in a bid to overturn a Seventh Circuit ruling to the contrary. Wed, 30 Jul 2025 17:11:19 +0000 /bankruptcy/articles/2371077?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371077 A Michigan federal judge on Wednesday pressed an attorney representing automation equipment manufacturers in fraudulent transfer suits on if their argument that their system of layered automated credit payments frees them from liability would allow every business to get around an act designed to prevent fraud in the construction industry. Wed, 30 Jul 2025 17:02:39 +0000 /bankruptcy/articles/2371210?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2371210 A New York bankruptcy judge shot down challenges to attempts by the Chapter 11 plan administrator for Celsius Networks to claw back transfers, saying a settlement provision didn't prevent the administrator from pursuing the clawbacks and the transactions fall under U.S. jurisdiction. Wed, 30 Jul 2025 16:00:30 +0000 /bankruptcy/articles/2358237?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2358237 Tristan Axelrod of Brown Rudnick LLP steered bankrupt cryptocurrency platform BlockFi through an $874 million settlement with FTX and a Chapter 11 reorganization that paid creditors in full, earning him a spot among the bankruptcy law practitioners under age 40 honored by ¼«ËÙÈü³µ as Rising Stars. Wed, 30 Jul 2025 12:09:32 +0000 /bankruptcy/articles/2357416?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2357416 While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis. Wed, 30 Jul 2025 10:10:29 +0000 /bankruptcy/articles/2367907?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2367907 Many of the cybersecurity failures identified by the Information Commissioner’s Office in its investigation of 23andMe, recently resulting in a £2.3 million fine, were basic lapses, but the ICO's focus on several new U.K. General Data Protection Regulation considerations will likely carry into the future, say lawyers at Womble Bond. Tue, 29 Jul 2025 22:58:07 +0000 /bankruptcy/articles/2370847?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2370847 Jackson Walker LLP has reached another settlement with former bankruptcy clients to resolve fee disputes related to the concealed romance of a former partner with the firm and former Texas bankruptcy Judge David R. Jones, according to a motion filed Tuesday in Texas federal court. Tue, 29 Jul 2025 22:05:17 +0000 /bankruptcy/articles/2370706?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2370706 The Eighth Circuit on Tuesday rejected a woman's bid to undo an order approving a sale in her Chapter 7 bankruptcy, saying she didn't get a stay of the sale and so her appeal had to be dismissed. Tue, 29 Jul 2025 20:37:07 +0000 /bankruptcy/articles/2370519?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2370519 The litigation trust for Prime Core Technologies has sued to claw back $2.1 million in cash and cryptocurrency paid out to customers in the weeks before its bankruptcy filing, saying other creditors are facing a serious recovery shortfall worsened by the payments. Tue, 29 Jul 2025 19:15:20 +0000 /bankruptcy/articles/2370848?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2370848 The U.S. Department of Justice said Tuesday that enforcers have agreed to drop their case challenging American Express Global Business Travel Inc.'s planned $570 million purchase of corporate travel management rival CWT Holdings LLC.