/bankruptcy-authority/large-cap?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Bankruptcy Authority Large Cap Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Wed, 25 Jun 2025 21:16:50 +0000 /bankruptcy-authority/large-cap/articles/2357448?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357448 The Second Circuit on Wednesday granted Reed Smith LLP's emergency motion to stay a Manhattan federal judge's order to turn over client files amid a conflict over the legitimate ownership of international shipping company Eletson, which is in a dispute with competitor Levona. Wed, 25 Jun 2025 18:22:24 +0000 /bankruptcy-authority/large-cap/articles/2357653?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357653 Swiss solar panel maker Meyer Burger Wednesday put its U.S. manufacturing affiliate into Chapter 11 in a Delaware bankruptcy court with $562 million in debt, saying it will seek a quick sale in the wake of a failure to restructure its global business. Wed, 25 Jun 2025 17:38:58 +0000 /bankruptcy-authority/large-cap/articles/2357531?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357531 Telefónica del Perú, a telecommunications company that provides phone, internet and television services to 13 million customers, received recognition Wednesday from a Texas bankruptcy judge for its Peruvian insolvency proceeding. Wed, 25 Jun 2025 16:28:38 +0000 /bankruptcy-authority/large-cap/articles/2357070?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357070 O'Melveny & Meyers LLP has launched a special credit and liability management group, announcing the move Tuesday as a reflection of "growing client demand for integrated, end-to-end support across the credit cycle, particularly as capital solutions become increasingly complex and bespoke." Wed, 25 Jun 2025 16:24:28 +0000 /bankruptcy-authority/large-cap/articles/2357506?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357506 Federal Reserve Chairman Jerome Powell told senators Wednesday that Congress might want to consider permitting greater dischargeability of student loans, questioning whether it is a "wise national policy" to treat such debt differently under the federal bankruptcy laws. Wed, 25 Jun 2025 15:03:28 +0000 /bankruptcy-authority/large-cap/articles/2357363?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357363 The opportunity to join a strong team at Klehr Harrison Harvey Branzburg LLP's Philadelphia office was music to the ears of an attorney who moved his litigation practice after 22 years with McElroy Deutsch Mulvaney & Carpenter LLP. Wed, 25 Jun 2025 14:08:25 +0000 /bankruptcy-authority/large-cap/articles/2357393?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357393 The French subsidiary of global telecommunications giant Altice has tapped three lawyers from Ropes & Gray LLP to advise the debtor as it seeks Chapter 15 recognition in New York of its Paris-based restructuring proceedings, which are aimed at handling €19.2 billion ($22.3 billion) in debt. Wed, 25 Jun 2025 13:54:21 +0000 /bankruptcy-authority/large-cap/articles/2357556?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357556 Federal legislation that could codify stablecoins as payment-related assets — not securities — has the potential to impact the Manhattan U.S. attorney's $40 billion criminal case against Terraform founder Do Kwon, a federal judge said Wednesday. Wed, 25 Jun 2025 13:25:23 +0000 /bankruptcy-authority/large-cap/articles/2348925?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2348925 Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein. Wed, 25 Jun 2025 11:58:35 +0000 /bankruptcy-authority/large-cap/articles/2356973?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356973 A former McDermott Will & Emery LLP restructuring partner has returned to Winston & Strawn LLP after more than two decades away, becoming the latest member of its transactions department in New York. Wed, 25 Jun 2025 11:25:24 +0000 /bankruptcy-authority/large-cap/articles/2357430?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2357430 The Georgia affiliate of student and military housing provider Corvias filed for Chapter 11 protection in Delaware bankruptcy court Wednesday saying an unsustainable contract with Georgia's public universities has left it unable to support its $532 million in debt. Tue, 24 Jun 2025 20:07:10 +0000 /bankruptcy-authority/large-cap/articles/2356778?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356778 AST SpaceMobile is seeking permission to launch hundreds of low-earth orbit satellites by the end of July to roll out its space-based cellular broadband network, which it says will eliminate coverage gaps and connect to standard smartphones across the country. Tue, 24 Jun 2025 18:09:33 +0000 /bankruptcy-authority/large-cap/articles/2356834?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356834 France's second-largest telecommunications group petitioned for Chapter 15 recognition in the U.S. as it looks to restructure some $22 billion in debt in its home country. Slumping sales in the aftermath of the COVID-19 pandemic led a Vermont-based garden supplier to launch Chapter 11 proceedings to sell the business. And the operator of online job search board Monster.com hit bankruptcy with multiple purchase agreements in hand. Tue, 24 Jun 2025 18:02:16 +0000 /bankruptcy-authority/large-cap/articles/2356326?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356326 A Texas mass tort attorney who filed for bankruptcy allegedly owing hundreds of millions of dollars to litigation funders agreed to shift his Chapter 11 case to a Chapter 7 liquidation, putting to rest the U.S. Trustee's bid to convert or dismiss his case. Tue, 24 Jun 2025 17:40:24 +0000 /bankruptcy-authority/large-cap/articles/2356836?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356836 A Delaware bankruptcy judge on Tuesday approved fast-fashion retailer Forever 21's Chapter 11 plan that would liquidate the debtor's remaining assets, after the debtor, key creditors, and unsecured creditors committee reached a global settlement.  Tue, 24 Jun 2025 17:33:51 +0000 /bankruptcy-authority/large-cap/articles/2356977?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356977 Attorneys representing consulting firm Berkeley Research Group told a Vermont bankruptcy judge Tuesday that the company is continuing its internal investigation and analysis of information stolen in a March cyber attack to determine if claimant data tied to a dozen Catholic diocese bankruptcy cases was included in the breach. Tue, 24 Jun 2025 17:25:15 +0000 /bankruptcy-authority/large-cap/articles/2356799?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356799 Furniture and decor retailer At Home has called on attorneys from Young Conaway Stargatt & Taylor LLP and Kirkland & Ellis LLP to see it through a Chapter 11 aimed at eliminating most of its roughly $2 billion in debt with a debt-for-equity swap. Tue, 24 Jun 2025 16:52:06 +0000 /bankruptcy-authority/large-cap/articles/2356712?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356712 Reed Smith should not be allowed to halt court proceedings amid its effort to hold onto a client file sought by postbankruptcy owners of Eletson Holdings Inc., a reorganized international shipping company, amid its ongoing dispute with Levona Holdings Ltd., according to briefs both sides filed before the Second Circuit. Mon, 23 Jun 2025 23:02:30 +0000 /bankruptcy-authority/large-cap/articles/2356594?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356594 The FTX bankruptcy recovery trust on Friday objected to a $1.53 billion claim made by the now-liquidated cryptocurrency hedge fund Three Arrows Capital Ltd., saying the "illogical and baseless" claim grossly inflates the actual value of assets associated with its customers' FTX accounts, while offering zero supporting evidence. Mon, 23 Jun 2025 19:27:24 +0000 /bankruptcy-authority/large-cap/articles/2356555?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy-authority/large-cap/articles/2356555 A confluence of elevated interest rates, state energy policies and the possible end of federal tax incentives have combined over the last year to take the air out of what had been a rapidly inflating residential solar power industry.