Genesis Healthcare Taps New Lead Bidder for Bankruptcy Sale

Bankrupt Genesis Healthcare Inc. has selected a business associated with nursing home executive Jacob Sod to start off bidding for a renewed auction of its sprawling nursing-home empire.

Pine Gate $285 Million Bankruptcy Asset Sale to Nofar Approved

Pine Gate Renewables LLC won court approval to sell a large portion of the company’s solar project assets out of bankruptcy to a Nofar Energy unit for $285 million, trumping a prior deal with Carlyle Group Inc.

Bankrupt Manhattan Hotel’s Creditors Oppose DLA Piper Employment

Junior creditors of the boutique Hudson Hotel in Manhattan urged a bankruptcy judge to deny the company’s request to hire DLA Piper LLP, saying there’s a conflict of interest.

Jack Nicklaus Fights IP Sale in His Former Company’s Bankruptcy

Golf star Jack Nicklaus opposed a request to sell the assets of his former golf services business, including intellectual property he claims to have veto rights over, and objected to the terms of a motion to fund the bankruptcy case.

Ex-NYC Lawyer Fails to Extinguish IRS Claim in Bankruptcy Appeal

A New York federal judge upheld a bankruptcy court decision validating the Internal Revenue Service’s $395,206 claim in the bankruptcy of collapsed real estate law firm Kossoff PLLC.

Spotlight on Judge David R. Jones

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

Texas Two-Step: Jones Day's Tactic to Evade Mass Tort Liability Through Bankruptcy

Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.

Latest Stories

Chevron, Exxon, ConocoPhillips Queried by Senator on Venezuela

Democratic Senator Edward J. Markey writes to the CEOs of Chevron, Exxon Mobil and ConocoPhillips requesting information on “the communications that their companies have had with the Trump administration about US military operations in Venezuela,” according to an emailed statement.

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