News

Through its recent opinion in Mantiply v. Horne, the Eleventh Circuit joins the Ninth and Fifth Circuits in finding that legal fees incurred by a debtor beyond those necessary to stop a stay violation may be recovered, bringing a number of takeaways read more

Bankrupt air bag maker Takata filed an adversary suit on Tuesday against bankruptcy administration vendor R.L. Polk & Co., who Takata says caused an extra $1.6 million in expenses by botching almost 5 million addresses on a mailing list. read more

Former Sedgwick bankruptcy chair Lillian Stenfeldt joined the Northern California offices of Rimon Law, the firm announced Tuesday, where she'll continue aiding companies' bankruptcy matters, purchases of intellectual property from bankruptcy read more

The East Coast’s largest oil refinery received a Delaware bankruptcy court's approval Tuesday to access a $120 million post-petition financing package to fund its rapid trip through the Chapter 11 process, with prepetition term loan lenders read more

Power plant owner Panda Temple Power LLC received court approval in Delaware on Tuesday for its Chapter 11 reorganization plan two weeks after a bankruptcy judge questioned liability releases being granted to nondebtor affiliates. read more