/bankruptcy-authority/large-cap?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Bankruptcy Authority Large Cap Copyright 2025 ÃÛÌÒÊÓƵ. en-US Fri, 01 Aug 2025 20:48:43 +0000 /bankruptcy-authority/large-cap/articles/2372241?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372241 A Delaware bankruptcy judge refused to move the Chapter 11 bankruptcy of dorm operator Corvias Campus Living-USG LLC to Georgia, entering an order Friday denying a bid by the University System of Georgia's board of regents to relocate the proceedings. Fri, 01 Aug 2025 20:19:07 +0000 /bankruptcy-authority/large-cap/articles/2372527?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372527 Hedge fund Highland Capital Management has urged the U.S. Supreme Court to allow it to safeguard some of the key parties in its Chapter 11 bankruptcy from liability and review a Fifth Circuit decision that narrowed the bankruptcy court's "gatekeeping" powers to determine who can be sued. Fri, 01 Aug 2025 17:38:59 +0000 /bankruptcy-authority/large-cap/articles/2372238?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372238 During August's first full week, bankruptcy judges will hear issues including Silicon Valley Bank's former parent company's fight with Cayman Islands liquidators over standing, Genesis Healthcare's request for final postpetition financing approval and a personal injury firm's agreement to appoint an examiner in its bankruptcy. Fri, 01 Aug 2025 17:38:54 +0000 /bankruptcy-authority/large-cap/articles/2372192?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372192 A cannabis company in the process of going out of business cannot rely on a state court receivership to shield it from creditors in other states, and the owners of shuttered Norwood Hospital can't renew an expired permit issued to bankrupt Steward Health. Fri, 01 Aug 2025 16:56:27 +0000 /bankruptcy-authority/large-cap/articles/2367457?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2367457 After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice. Fri, 01 Aug 2025 16:04:00 +0000 /bankruptcy-authority/large-cap/articles/2357892?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357892 Lindsey Henrikson of Paul Hastings LLP advised Colombian refinery Reficar in a high-stakes global restructuring that preserved a $1.3 billion arbitration award and secured equity in McDermott International, earning her a spot among the bankruptcy law practitioners under 40 honored by Law360 as Rising Stars. Fri, 01 Aug 2025 15:28:40 +0000 /bankruptcy-authority/large-cap/articles/2372275?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372275 A Texas bankruptcy judge signed off Friday on the going-concern sale of fiber network provider Everstream, which plans to use proceeds from the $384.6 million sale of its business to exit Chapter 11. Fri, 01 Aug 2025 14:32:46 +0000 /bankruptcy-authority/large-cap/articles/2372318?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372318 The Fourth Circuit Friday found Georgia-Pacific asbestos unit Bestwall can stay in Chapter 11, saying a debtor's financial status has no bearing on whether a bankruptcy court has jurisdiction over its case. Fri, 01 Aug 2025 13:30:00 +0000 /bankruptcy-authority/large-cap/articles/2372321?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2372321 The Office of the U.S. Trustee appointed a seven-member official committee of unsecured creditors in the Chapter 11 case of Genesis Healthcare, a holding company for rehabilitation centers and nursing homes in 18 states that filed for Chapter 11 relief in Texas last month. Thu, 31 Jul 2025 20:11:00 +0000 /bankruptcy-authority/large-cap/articles/2371741?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2371741 Federal and state courts continue to weigh litigation involving public nuisance, long-tail environmental and sexual abuse claims. Here, Law360 breaks down some of the blockbuster commercial general liability insurance cases to follow in the second half of the year. Thu, 31 Jul 2025 20:04:11 +0000 /bankruptcy-authority/large-cap/articles/2371855?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 19:03:06 +0000 /bankruptcy-authority/large-cap/articles/2371914?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 17:48:18 +0000 /bankruptcy-authority/large-cap/articles/2371712?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2371712 The U.S. Trustee's Office objected to the disclosure statement filed by Flagship Resort Development Corp., arguing it lacks details on third-party releases in its Chapter 11 liquidation plan. Guardian Elder Care's creditors committee opposed extending the company's exclusivity to file a Chapter 11 plan. Nikola Corp. asked to subordinate the SEC's $125 million penalty, calling it a lower-priority debt. Thu, 31 Jul 2025 16:00:30 +0000 /bankruptcy-authority/large-cap/articles/2357889?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 Law360 as Rising Stars. Thu, 31 Jul 2025 14:11:37 +0000 /bankruptcy-authority/large-cap/articles/2371382?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 12:30:11 +0000 /bankruptcy-authority/large-cap/articles/2371650?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2371650 A New York bankruptcy judge Thursday gave an ad hoc governmental group permission to hire an administrator to handle claims in Purdue Pharma's $8 billion Chapter 11 plan, saying the administrator's services are needed. Wed, 30 Jul 2025 23:18:49 +0000 /bankruptcy-authority/large-cap/articles/2371157?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 19:24:42 +0000 /bankruptcy-authority/large-cap/articles/2371320?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2371320 Canned food giant Del Monte's Chapter 11 filing was triggered by a critical misjudgment of consumers' preferences as the COVID-19 pandemic waned, while spiking interest rates toppled a balance sheet that had been overleveraged for years, experts told Law360. Wed, 30 Jul 2025 17:02:39 +0000 /bankruptcy-authority/large-cap/articles/2371210?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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-authority/large-cap/articles/2358237?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/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 Law360 as Rising Stars.