Law360: Bankruptcy /bankruptcy?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Bankruptcy Copyright 2025 sa国际传媒. en-US Fri, 05 Sep 2025 21:08:11 +0000 Near Ch. 11 Litigation Trustee Sues MobileFuse In Del. /bankruptcy/articles/2384814?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384814 A litigation trustee for bankrupt data analytics company Near Intelligence Inc. has sued New York-based digital ad company MobileFuse LLC in the U.S. Bankruptcy Court for Delaware, alleging a multiyear circular payment conspiracy that cost Near more than $50.7 million. Fri, 05 Sep 2025 18:31:17 +0000 Nikola Ch. 11 Plan OK'd Despite Founder's Pardon Objection /bankruptcy/articles/2384884?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384884 A Delaware bankruptcy judge Friday approved the Chapter 11 plan of electric-truck maker Nikola Corp., overruling an objection from the company's former CEO that was tied to his treatment under the plan and a pardon issued by President Donald Trump. Fri, 05 Sep 2025 16:46:13 +0000 Not That Zuckerberg: Atty Sues Meta Over FB Page Takedown /bankruptcy/articles/2384608?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384608 Indianapolis bankruptcy attorney Mark S. Zuckerberg is suing Meta Platforms Inc. after his firm's commercial Facebook account was repeatedly suspended because of his shared name with the tech company's CEO and founder. Fri, 05 Sep 2025 16:30:56 +0000 Conn. Biotech Hits Ch. 11 With $2.7M Debt After Patent Suit /bankruptcy/articles/2384622?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384622 A Connecticut biotech company has filed a voluntary Chapter 11 petition claiming at least $2.7 million in liabilities, mostly debts to Quinn Emanuel Urquhart & Sullivan LLP and Verrill Dana LLP, after both law firms represented it in a since-settled Massachusetts stem cell patent lawsuit. Fri, 05 Sep 2025 15:48:29 +0000 Ex-Bankruptcy Clients Defend Deal Over Jackson Walker Affair /bankruptcy/articles/2384682?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384682 Former Jackson Walker LLP bankruptcy clients said Friday that a proposed settlement meant to resolve a dispute regarding the concealed romance between a judge and attorney should go through as planned because the U.S. Trustee lacks jurisdiction to challenge the deals. Fri, 05 Sep 2025 13:25:24 +0000 Parenting Skills That Can Help Lawyers Thrive Professionally /bankruptcy/articles/2381620?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2381620 As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird. Fri, 05 Sep 2025 12:55:02 +0000 Rochester Diocese's $246M Abuse Settlement Plan Approved /bankruptcy/articles/2384588?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384588 A New York bankruptcy judge on Friday approved the Roman Catholic Diocese of Rochester's $246 million Chapter 11 plan to the sound of applause as a six-year-old effort to craft a plan to pay sexual abuse claimants rolled to a conclusion. Thu, 04 Sep 2025 23:23:36 +0000 Colo. Developer Says Wash. Atty Botched Bankruptcy Case /bankruptcy/articles/2384317?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384317 A Colorado company has hit a law firm and one of its former bankruptcy attorneys with a legal malpractice suit in Washington federal court, alleging that the defendants' "negligence" caused the business to lose properties worth more than $5 million in its Chapter 11 case. Thu, 04 Sep 2025 20:24:30 +0000 San Francisco Archdiocese Claimants Must Refile Affiliate Suit /bankruptcy/articles/2384247?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384247 A California bankruptcy judge on Thursday told the unsecured creditors committee in the Chapter 11 of the Archdiocese of San Francisco to refile a complaint seeking to declare parish assets estate property, saying the "substance" of the arguments was enough to go forward to trial. Thu, 04 Sep 2025 17:41:21 +0000 Solar Co. Meyer Burger Unit Gets OK For $29M Ch. 11 Sale /bankruptcy/articles/2384241?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384241 The U.S. unit of Swiss solar-panel maker Meyer Burger secured a Delaware bankruptcy judge's approval Thursday to sell its assets for $28.7 million in Chapter 11, defeating an objection to the deal from unsecured creditors who charged that it benefits secured creditors but no one else. Thu, 04 Sep 2025 17:40:44 +0000 Solar Co. Mosaic Gets OK For Debt-For-Equity Ch. 11 Plan /bankruptcy/articles/2384082?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384082 A Texas bankruptcy judge Thursday approved residential solar panel financing firm Mosaic's plan to reorganize and hand ownership of its loan servicing business to its secured lender, after no buyers came forward at a Chapter 11 auction. Thu, 04 Sep 2025 17:37:25 +0000 NJ Judge Greenlights Ch. 11 Plan For Real Estate Firm /bankruptcy/articles/2384340?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384340 A New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder. Thu, 04 Sep 2025 16:15:02 +0000 Teaching Trial Advocacy Makes Us Better Lawyers /bankruptcy/articles/2365997?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2365997 Teaching trial advocacy skills to other lawyers makes us better litigators because it makes us question our default methods, connect to young attorneys with new perspectives and focus on the needs of the real people at the heart of every trial, say Reuben Guttman, Veronica Finkelstein and Joleen Youngers. Thu, 04 Sep 2025 16:09:57 +0000 What New sa国际传媒 Oversight Limits Would Mean For 4 Markets /bankruptcy/articles/2381250?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2381250 As the Consumer Financial Protection Bureau continues to centralize its resources, proposals to alter the definition of larger market participants in the automobile financing, international money transfer, consumer reporting and consumer debt collection markets would reduce the scope of the bureau's oversight, say attorneys at Holland & Knight. Thu, 04 Sep 2025 13:09:35 +0000 Purdue Pharma Approved For $17.5M In Ch. 11 Bonus Plans /bankruptcy/articles/2384203?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2384203 Bankrupt pharmaceutical company Purdue Pharma LP received approval from a New York judge Thursday to pay more than $17.5 million in employee bonuses, mirroring the bonus structures of the last few years since the company commenced its Chapter 11 case. Wed, 03 Sep 2025 21:55:32 +0000 FINRA Targets Ex-Synapse Officers Over Supervisory Failures /bankruptcy/articles/2383587?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2383587 The Financial Industry Regulatory Authority has filed an enforcement action against two former executives of a subsidiary of bankrupt fintech company Synapse, alleging that they failed to properly supervise the subsidiary's cash management program ahead of the middleware provider's collapse. Wed, 03 Sep 2025 19:52:23 +0000 3rd Circ. Says Preclusion Ends NJ Foreclosure Fight /bankruptcy/articles/2383819?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2383819 The Third Circuit affirmed a bankruptcy court's order allowing Nationstar Mortgage to proceed with a home foreclosure sale, finding that the homeowner was trying to relitigate the exact same issues she had already lost in state court. Wed, 03 Sep 2025 19:47:36 +0000 Silvergate's $37.5M Investor Settlement Gets Final OK /bankruptcy/articles/2383839?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2383839 Investors of failed, cryptocurrency-focused Silvergate Bank secured a California federal judge's final approval Wednesday for their $37.5 million settlement of claims alleging the bank misrepresented its safeguards against onboarding customers like the collapsed, fraud-ridden crypto exchange FTX. Wed, 03 Sep 2025 18:38:37 +0000 Quinn Emanuel Looks To Shut Down Mexican Doc Bid /bankruptcy/articles/2383481?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2383481 Quinn Emanuel has asked a Miami federal court to end a Mexican oil company's request for documents relating to three criminal proceedings and in one bankruptcy action, all pending in Mexico, arguing that the requested discovery may be conducted without the aid of U.S. courts. Wed, 03 Sep 2025 17:51:57 +0000 SilverRock Gets More Time To Control Its Ch. 11 Case /bankruptcy/articles/2383747?utm_source=rss&utm_medium=rss&utm_campaign=section /bankruptcy/articles/2383747 Bankrupt California resort developer SilverRock Development received approval to extend the exclusive control window in its Chapter 11 case for four months, with a Delaware judge saying the debtor has made enough progress in the complex proceedings to warrant the extension.