The U.S. Trustee's Office has opposed the confirmation of former Jessica Simpson fashion line owner Sequential Brands Group Inc.'s liquidating Chapter 11 plan, telling a U.S. Bankruptcy Court judge in Delaware that the plan's nonconsensual, third-party releases are unjustified and unsupportable.
The creditors who filed an involuntary Chapter 11 case against defunct health insurance provider the Aliera Companies told a Delaware bankruptcy judge Thursday that the case should stay in his court, where a related insolvency case is pending.
Pillsbury Winthrop Shaw Pittman LLP Friday asked a Delaware bankruptcy judge to reject a California hotel's request to file an objection to Pillsbury's final fees motion in the hotel's Chapter 11 case, denying its former client's claims of millions in losses due to Pillsbury's negligence.
A Delaware bankruptcy judge agreed Monday with drugmaker Mallinckrodt PLC that more than a dozen lawsuits against the debtor relating to its marketing of Acthar gel products should be paused for an additional 90 days so that plan confirmation proceedings aren't derailed in the coming weeks.
Quinn Emanuel Urquhart & Sullivan LLP can't dodge a suit filed in Insys Therapeutics Inc.'s Ch. 11 case over $90,000 paid to the firm just before the bankruptcy filing, a Delaware bankruptcy judge has ruled, allowing a claim that the transactions may have been improper transfers to proceed.