Hints and tips:
...Glass is described as a “nationally recognised crisis manager, fiduciary, Chapter 11 trustee, chief restructuring officer and bankruptcy adviser” on B Riley’s website. 777 declined to comment on the appointment...
...Sorrento’s reorganisation was eventually approved by the court after a messy fight between the company and various creditors. Its emergence from Chapter 11 is mere weeks away....
...The Office of the US Trustee, a division of the justice department that oversees the bankruptcy, has said those releases are unlawful because the Sacklers did not file for Chapter 11 bankruptcy protection...
...Chapter 11’s “descent into lawlessness”....
...Dr Douglas Kelley, a land surface modeller at the UK Centre for Ecology & Hydrology said: “The number of deaths and evacuations suggest it’s more than local emergency services normally cope with....
...were benefiting from the bankruptcy process without having personally filed for Chapter 11 protection themselves.Opponents of the original settlement pointed to analysis presented in the bankruptcy court...
...The world of blockbuster bankruptcies has been transfixed by the saga of David R Jones, the powerful judge in Houston who presided over many of the biggest Chapter 11 cases of the past decade, as DD’s Sujeet...
...BlockFi has filed for Chapter 11 bankruptcy, making the crypto lender backed by Peter Thiel’s venture capital firm the latest casualty of the fallout from the collapse of Sam Bankman-Fried’s FTX exchange...
...Under this strategy J&J created a unit, LTL, to house all talc claims and put it into Chapter 11....
...Juul secured new funding from two existing investors last November but has continued to cut jobs to preserve cash as it seeks to avert a mooted Chapter 11 bankruptcy filing....
...At issue is an FTX subsidiary known as FTX Digital not involved in the US Chapter 11 case in which the Bahamas says significant customer assets reside....
...(Other attorneys listed from the DOJ focus on Chapter 11 proceedings or are affiliated with the US Trustee’s office.)...
...Restructuring advisers told the FT that the court has the option of appointing an independent “Chapter 11 trustee” who would replace Ray to manage FTX....
...This has drawn the ire of the Office of the US Trustee, which says the move violates the spirit of transparency in Chapter 11 proceedings....
...The “debtor companies” chart, on the left, includes the headcount of the companies that filed for Chapter 11....
...The two men chaired an 11-man senate, composed of elected representatives including Nazis and Communists, which met daily around a mahogany table....
...“The expectation of a positive recovery for existing equity in bankruptcies is usually the domain of delusional speculators, but I view Revlon as a liquidity driven [Chapter 11], not a truly insolvent entity...
...The states argued the Sackler family owners were benefiting from the liability releases without having personally filed for Chapter 11 protection themselves....
...The favoured venue so far has been the Western District of North Carolina — a federal district jurisdiction which sets a very high bar for creditors to dismiss a Chapter 11 filing....
...A federal judge in Texas has thrown out the National Rifle Association’s bankruptcy petition, ruling that the gun-rights group’s Chapter 11 filing was intended to evade a lawsuit from New York’s attorney-general...
...A chapter titled “Reasons for hope” records that within a month of the Hiroshima bomb, grass across the ravaged city started to grow again....
...Judge Drain early in the Chapter 11 case temporarily halted lawsuits against the Sacklers in the hope that mediation would lead to a consensual settlement....
...The charges came after an investigation into the retailer’s Chapter 11 proceedings found that he had pressured a rival financial services group, Jefferies, to back off bidding for securities meant for Neiman...
...before its Chapter 11 filing this week....
...McKinsey has a small, but still meaningful, presence advising companies that have filed for Chapter 11 bankruptcy....
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