Light Tower Rentals Files Prenegotiated Cases in Texas
Companies are represented by Proskauer Rose LLP, Jackson Walker LLP and Zolfo Cooper, LLC
Foresight Energy LP Completes Global Restructuring
The Partnership’s restructuring resolves various defaults and events of default relating to a December 2015 Delaware Chancery Court determination
Things Remembered Announces Comprehensive Restructuring and New Ownership Group
As part of the restructuring, existing lenders have acquired all of the equity in Things Remembered, significantly reduced the company's outstanding indebtedness, and provided the company with additional liquidity in the form of an asset-based loan to support future growth
Caesars wins lawsuit shield to pursue 'uphill' appeal
Judge Robert Gettleman said at an emergency court hearing in Chicago that he will decide on Oct. 5 whether he should overturn a U.S. Bankruptcy Court ruling from Friday that cleared the way for bondholders to sue Caesars
Bankruptcy Judge ‘Troubled’ by New Life Partners Deal - WSJ
Would enable BroadRiver Asset Management to withdraw offer to take over accounts for more than 22,000 clients
Washio on-demand laundry shuts down
The startup, which was founded four years ago, served six cities in the U.S. and was one of the early on-demand service companies.
Abercrombie no longer sees comparable sales improving this year
Teen apparel retailer Abercrombie & Fitch Co posted its 14th straight quarter of declining sales
South Korea Wants Hanjin Shipping to Sell Healthy Assets to Rival - WSJ
Government says merger of the two isn’t desirable
Judge Easterbrook Opines on the Meaning of ‘Finality’ Stemming from Bullard | ABI
Seventh Circuit Judge Frank H. Easterbrook explained last year’s Supreme Court opinion in Bullard v. Blue Hills Bank to mean that an order is final for appellate purposes only if it resolves an entire dispute, not merely a pivotal issue within a dispute.
After years of struggle, Lynn Tilton-owned Gorham Paper & Tissue is paying off debts
After years of accruing debt, Gorham Paper & Tissue - the last operating paper mill in the North Country - is paying it off, according to local officials.
Theranos Halts New Zika Test After FDA Inspection
Company withdrew request for approval after regulators found a study didn’t include proper safeguards; ‘nanotainers’ in the Dominican Republic
Easement Held to be an In Rem Property Interest Subject to Section 363 Sale
“An easement is more than a personal privilege to use another’s land, it is an actual interest in that land.”