Comcast Dispute Adds Wrinkle To Diamond Sports Ch. 11
A Look Into The Unique Role Of A Subchapter V Trustee
5 Key Moments In Vice Media's Bankruptcy
Comcast Dispute Adds Wrinkle To Diamond Sports Ch. 11
A carriage dispute between Bally Sports and Comcast has thrown a wrinkle into Diamond Sports Group's Chapter 11 case, knocking its regional sports networks off the air with less than 45 days until its plan confirmation hearing.
A Look Into The Unique Role Of A Subchapter V Trustee
When lawmakers implemented a simplified Chapter 11 path for small-business debtors in 2020, they introduced a new player to the bankruptcy world: the Subchapter V trustee. Law360 caught up with Brian M. Rothschild, shareholder at Parsons Behle & Latimer PC and a Subchapter V trustee in Utah bankruptcy court, to learn more about the newly created role.
5 Key Moments In Vice Media's Bankruptcy
Once valued at $5.7 billion, Vice Media Group on Tuesday took an important step towards a bankruptcy exit as a smaller, more streamlined company when a New York judge said he would approve the company's liquidation plan, following a nearly year-long spell in Chapter 11.
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Large Cap More
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Since opening its Delaware office at the height of the COVID-19 pandemic in May 2020, Lewis Brisbois Bisgaard & Smith LLP has steadily grown its attorney roster in Wilmington, including some recent hirings.
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Enviva Inc. received permission Wednesday from a Virginia bankruptcy judge to tap a $500 million debtor-in-possession financing package that includes a provision allowing existing shareholders to chip in up to... (more story)
An investor in Bernie Madoff's Ponzi scheme asked the U.S. Supreme Court Wednesday to overturn a Second Circuit decision on how to calculate the amount of investor withdrawals that can be clawed back to the Ma... (more story)
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Johnson & Johnson said Wednesday it is proposing a prepackaged reorganization plan for its talc unit that will pay out $6.5 billion to resolve claims that its talc-based baby powder caused ovarian cancer, if a... (more story)
Mid Cap More
Bankrupt telecommunications company Casa Systems Inc. received approval Thursday from a Delaware judge to move forward with a Chapter 11 sale process for its cable assets starting with a $20 million stalking horse bid.
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Plastic-film maker Transcendia Holdings announced Thursday that it had reached a recapitalization deal that will cut $200 million in debt, provide $114 million in new capital, and hand majority ownership of th... (more story)
A Delaware bankruptcy judge on Thursday said she would approve the unopposed and unanimously approved Chapter 11 wind-down plans of the company previously known as Timber Pharmaceuticals Inc.
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A New York judge said Wednesday that disgraced movie mogul Harvey Weinstein will be retried sometime after September, following last week's decision by the state's highest court to overturn his rape conviction... (more story)
Bankrupt Eiger BioPharmaceuticals Inc. told a Texas federal judge Wednesday it had struck a tentative agreement with drug company Merck & Co. over licensing rights to a rare-disease drug that it is selling for $46.1 million.
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Ex NFL star and Super Bowl champion Bill Romanowski has filed for Chapter 11 protection in California after being slapped with a $15.5 million income tax suit.