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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom"> <channel> <title>Law360: Bankruptcy</title> <link>https://www.law360.com/bankruptcy?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <description>Latest articles for: Bankruptcy</description> <copyright>Copyright 2024 Portfolio Media, Inc.</copyright> <language>en-US</language> <item> <pubDate>Fri, 17 May 2024 22:22:32 +0000</pubDate> <title>Scammer Cops To SIM Scheme Including $400M Crypto Theft</title> <link>https://www.law360.com/bankruptcy/articles/1838187?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838187</guid> <description>A Colorado woman on Thursday pled guilty in D.C. federal court for her part in a SIM swapping scheme that appears to encompass more than $400 million stolen from the now-bankrupt cryptocurrency exchange FTX.</description> </item> <item> <pubDate>Fri, 17 May 2024 18:37:46 +0000</pubDate> <title>Paul Hastings Team Seeks $2.6M In New Kwok Ch. 11 Fees</title> <link>https://www.law360.com/bankruptcy/articles/1838420?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838420</guid> <description>With senior attorneys and Chapter 11 trustee Luc A. Despins billing close to $2,000 an hour, Paul Hastings LLP has filed two motions seeking court approval to be paid an additional $2.6 million in fees for work performed on Chinese exile Ho Wan Kwok's bankruptcy in January and February.</description> </item> <item> <pubDate>Fri, 17 May 2024 17:36:14 +0000</pubDate> <title>Cantor, Lutnick Strike Deal With Window SPAC Investors</title> <link>https://www.law360.com/bankruptcy/articles/1838463?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838463</guid> <description>Shareholders of a special purpose acquisition company that took a now-bankrupt smart window manufacturer public have reached a tentative agreement to settle their proposed Delaware Chancery Court class action against Cantor Fitzgerald LP and its billionaire chair and CEO Howard Lutnick.</description> </item> <item> <pubDate>Fri, 17 May 2024 17:09:36 +0000</pubDate> <title>EndoStim Emerges From Delaware Insolvency Proceeding</title> <link>https://www.law360.com/bankruptcy/articles/1838411?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838411</guid> <description>Delaware's Court of Chancery has approved the final accounting for medical device company EndoStim Inc.'s state-administered insolvency proceeding after no creditor or other party raised any objections at a final hearing on Friday.</description> </item> <item> <pubDate>Fri, 17 May 2024 14:25:59 +0000</pubDate> <title>UK Litigation Roundup: Here's What You Missed In London</title> <link>https://www.law360.com/bankruptcy/articles/1838293?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838293</guid> <description>This past week in London has seen a wave of claims filed against Verity Trustees Ltd., Harley-Davidson hit retailer Next with an intellectual property claim, Turkish e-commerce entrepreneur Demet Mutlu sue her ex-husband and Trendyol co-founder Evren Üçok and the Solicitors Regulation Authority file a claim against the former boss of collapsed law firm Axiom. Here, Law360 looks at these and other new claims in the U.K.</description> </item> <item> <pubDate>Fri, 17 May 2024 13:34:48 +0000</pubDate> <title>'We Feel It': NJ Ranks 2nd In Ch. 11 Cases, Chief Judge Says</title> <link>https://www.law360.com/bankruptcy/articles/1838494?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838494</guid> <description>New Jersey federal courts saw the second most Chapter 11 bankruptcy filings in the nation over the last year, Chief U.S. District Judge Renée Marie Bumb of the District of New Jersey said on Friday.</description> </item> <item> <pubDate>Thu, 16 May 2024 21:34:46 +0000</pubDate> <title>Convicted Insurance Mogul Says He'll Trim Empire</title> <link>https://www.law360.com/bankruptcy/articles/1838015?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838015</guid> <description>Convicted insurance mogul Greg Lindberg told the North Carolina Supreme Court he's relinquishing control of portions of his enterprise to fulfill a deal to restructure them with independent oversight, according to court filings.</description> </item> <item> <pubDate>Thu, 16 May 2024 19:25:25 +0000</pubDate> <title>NJ Judge Scrutinizes J&J Unit's Libel Claim Over Talc Study </title> <link>https://www.law360.com/bankruptcy/articles/1837836?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837836</guid> <description>A bankrupt Johnson & Johnson unit's libel claims over a scientific article linking talcum powder to mesothelioma intrigued a New Jersey federal judge during an oral argument on Thursday, prompting her to muse that the author's consideration of other exposures seemed to bolster the study at issue.</description> </item> <item> <pubDate>Thu, 16 May 2024 18:35:17 +0000</pubDate> <title>Rue21 Seeks To Reject 51 Leases As Stores Close</title> <link>https://www.law360.com/bankruptcy/articles/1837990?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837990</guid> <description>Bankrupt teen retailer rue21 has asked a Delaware bankruptcy court for approval to reject its leases at 51 store locations where going-out-of-business sales have already wrapped up or aren't planned, saying the move would represent "a significant cost savings" to the bankruptcy estate.</description> </item> <item> <pubDate>Thu, 16 May 2024 17:50:48 +0000</pubDate> <title>DOL Unveils Long-Delayed Abandoned Retirement Plan Rules</title> <link>https://www.law360.com/bankruptcy/articles/1837900?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837900</guid> <description>After being sidelined for more than a decade, a plan for expanding U.S. Department of Labor rules for terminating retirement plans abandoned by employers are moving forward again, the agency reported Thursday, along with a long-delayed role in the process for bankruptcy trustees.</description> </item> <item> <pubDate>Thu, 16 May 2024 17:10:51 +0000</pubDate> <title>Exploring An Alternative Model Of Litigation Finance</title> <link>https://www.law360.com/bankruptcy/articles/1835872?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1835872</guid> <description>A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.</description> </item> <item> <pubDate>Thu, 16 May 2024 12:45:43 +0000</pubDate> <title>Colombian Consumer Lender Hits Ch. 11 To Trim $55M Of Debt</title> <link>https://www.law360.com/bankruptcy/articles/1838032?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1838032</guid> <description>Colombian consumer lending giant Credivalores-Crediservicios filed for bankruptcy in New York on Thursday, with a prepackaged Chapter 11 plan to cut $55 million from its balance sheet and emerge from bankruptcy next month.</description> </item> <item> <pubDate>Thu, 16 May 2024 11:53:08 +0000</pubDate> <title>Fracking Services Co. Nitro Hits Ch. 11 After IP Trial Loss</title> <link>https://www.law360.com/bankruptcy/articles/1837966?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837966</guid> <description>Oil and gas fracking services provider Nitro Fluids LLC filed for Chapter 11 protection in a Texas bankruptcy court with more than $50 million in debt, months after a jury found it had infringed another company's patents.</description> </item> <item> <pubDate>Wed, 15 May 2024 22:37:22 +0000</pubDate> <title>'Not Enough Money': Atty. Objects To Plan For Dead Law Firm</title> <link>https://www.law360.com/bankruptcy/articles/1837664?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837664</guid> <description>An attorney representing a small group of creditors of failed California debt relief law firm Litigation Practice Group raised concerns at a hearing Wednesday that once the bankruptcy estate pays professional fees and administrative claims, little money will be left.</description> </item> <item> <pubDate>Wed, 15 May 2024 20:13:56 +0000</pubDate> <title>MLB, NHL, NBA Doubt Bally Sports Parent Can Reorganize</title> <link>https://www.law360.com/bankruptcy/articles/1837552?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837552</guid> <description>The bankrupt parent of Bally Sports-branded regional sports networks touted the extension of a carriage contract with DirecTV Wednesday in Texas bankruptcy court, at the same time that the parent company's partners in major American sports leagues expressed skepticism about its ability to successfully reorganize.</description> </item> <item> <pubDate>Wed, 15 May 2024 18:47:19 +0000</pubDate> <title>Ollie's Can Make $14.6M Stalking-Horse Bid For 99 Cents Only</title> <link>https://www.law360.com/bankruptcy/articles/1837539?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837539</guid> <description>Discount retail chain 99 Cents Only received approval Wednesday from a Delaware bankruptcy judge for a $14.6 million stalking-horse bid for 11 of its properties in Texas from Ollie's Bargain Outlet Inc., another discount retailer.</description> </item> <item> <pubDate>Wed, 15 May 2024 17:01:11 +0000</pubDate> <title>11th Circ. Ruling May Foreshadow Ch. 15 Clashes</title> <link>https://www.law360.com/bankruptcy/articles/1837245?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837245</guid> <description>The Eleventh Circuit's recent decision in In re: Talal Qais Abdulmunem Al Zawawi has introduced a split from the Second Circuit regarding whether debtors in foreign proceedings must have a domicile, calling attention to the understudied nature of Chapter 15 of the Bankruptcy Code, say attorneys at Cleary. </description> </item> <item> <pubDate>Wed, 15 May 2024 14:49:53 +0000</pubDate> <title>Ex-FTX Exec Seeks Leniency, Saying He Was Kept In The Dark</title> <link>https://www.law360.com/bankruptcy/articles/1837407?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837407</guid> <description>A former top FTX official has asked a Manhattan federal judge for a lenient 18-month sentence, saying he was not part of company co-founder Sam Bankman-Fried's inner circle and was as shocked as everyone else to learn that the crypto exchange was operating a fraud that siphoned billions in customer funds.</description> </item> <item> <pubDate>Wed, 15 May 2024 14:39:00 +0000</pubDate> <title>AI Job Recruiter Joonko Blames CEO Fraud For Ch. 11 Filing</title> <link>https://www.law360.com/bankruptcy/articles/1837470?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1837470</guid> <description>AI-powered employee recruitment venture Joonko Diversity Inc. has filed for Chapter 11 protection in a Delaware bankruptcy court, saying its business had rested almost entirely on fraudulent claims made by its ex-CEO.</description> </item> <item> <pubDate>Wed, 15 May 2024 14:00:08 +0000</pubDate> <title>Teaching Yoga Makes Me A Better Lawyer </title> <link>https://www.law360.com/bankruptcy/articles/1825817?utm_source=rss&utm_medium=rss&utm_campaign=section</link> <guid>https://www.law360.com/bankruptcy/articles/1825817</guid> <description>Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.</description> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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