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Chapter 11
1,295 published works
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Monster Investments, Inc.
By Cole Schotz
On October 19, 2021, Monster Investments, Inc., a Maryland-based real estate company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the…
Consumer Finance Enforcement Watch
Minnesota AG Announces Approval of $38 Million in Student Loan Debt Relief and Restitution
On September 30, 2021, the Minnesota Attorney General (“Minnesota AG”) announced that a federal bankruptcy court had approved $23.6 million in student debt relief and $15.8 million in restitution for students of two for-profit universities that allegedly…
Real Bankruptcy Intel
SDNY Bankruptcy Court OKs Purdue Pharma’s Plan of Reorganization Featuring Third-Party Releases for Sacklers in Exchange for Contributing $4.325 Billion to Opioid Victim Settlement Fund
By Samuel R. Rabuck, Sean T. Scott, Thomas S. Kiriakos, Aaron Gavant
On September 1, 2021, Judge Robert Drain issued a much-anticipated oral ruling approving Purdue Pharma L.P.’s plan of reorganization. The plan, which has garnered significant attention from the media, legislators,…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Agspring Mississippi Region
By Cole Schotz
On September 10, 2021, Agspring Mississippi Region LLC, along with four affiliates, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Sequential Brands Group Inc.
By Cole Schotz
On August 31, 2021, Sequential Brands Group, Inc. (NASDAQ:SQBG), together with its wholly-owned subsidiaries that own, manage and license a large-scale and diversified portfolio of consumer brands across multiple industries,…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Basic Energy Services, L.P.
By Cole Schotz
On August 17, 2021, Basic Energy Services, L.P., along with several affiliates that provide operational support for oil and gas wells located in several US states, filed a petition for…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Aluminum Shapes LLC
By Cole Schotz
On August 15, 2021, Aluminum Shapes LLC, a Delair, New Jersey-based aluminum fabricator and processing company, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for…
Searcy Law Blog
Florida Mass Tort Lawyer Discusses Current Status of BSA Sex Abuse Litigation
By Searcy Law
The Boy Scouts of America (BSA) has topped headlines in recent years for its Chapter 11 bankruptcy filing, which revealed a rampant sex abuse epidemic that has plagued the BSA…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – Alpha Latam Management, LLC
By Cole Schotz
On August 1, 2021, Alpha Latam Management, LLC, a Miami-based financial services company that historically provides consumer loans in Latin America, along with certain affiliates, filed voluntary petitions for relief…
Bankruptcy & Restructuring Law
New Chapter 11 Filing – GBG USA, Inc.
By Cole Schotz
On July 29, 2021, GBG USA, Inc., along with several affiliates, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New…