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News and information on bankruptcy and bankruptcy law
By Brian Baxter | May 12, 2017
In the largest U.S. bank failure since 2010, New Orleans-based First NBC Bank Holding Co. filed for Chapter 11 protection in its home city Thursday. The bank, which went public in 2013, saw two top Am Law 100 firms listed among its 20 largest unsecured creditors.
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By P.J. D'Annunzio | May 10, 2017
Bankruptcy trustees in Tampa won an order to obtain Regions Bank documents after the collapse of a 25-state temporary staffing company.
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By Jenna Greene | May 10, 2017
If David Boies and co-counsel from Skadden had prevailed before the U.S. Court of Appeals for the Federal Circuit on Tuesday, the government would have owed their clients at least $18.3 billion for claims that an amicus called "a stunning example of avarice."
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By Brian Baxter | May 4, 2017
In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.
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By Rose Walker | May 3, 2017
Around 100 partners contacted in fundraising effort for out-of-pocket former staff
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By Samantha Joseph | May 3, 2017
Two South Florida law firms face allegations of professional negligence in their representation of a property association.
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By Samantha Joseph | May 1, 2017
It was up to a state appellate court to determine who'd won attorneys' fees in a contentious Miami condo association fight that cycled through three judges and multiple receivers.
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By Monika Gonzalez Mesa | April 25, 2017
Greenberg Traurig represented a Hard Rock International led joint-venture in the purchase of the former Trump Taj Mahal.
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By Brian Baxter | April 14, 2017
The bankruptcy filings this week of global IT consultancy Ciber Inc. and a pair of medical device makers have left several big firms holding the bag. Ciber owes thousands in unpaid legal fees to Polinselli, while Duane Morris, Simpson Thacher & Bartlett and two California firms are listed as unsecured creditors another Chapter 11 case.
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By James Booth | April 11, 2017
City partner Mark Knight leaves for in-house role at banking turnaround business
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