Bankruptcy
FTX intends to fully reimburse customers and abandon plans for exchange relaunch
Customers and creditors of bankrupt crypto exchange FTX who can prove their losses will likely get back all of their money, the...
Bankruptcy
Creditors of Rudy Giuliani Embark on Financial Treasure Hunt
Rudolph Giuliani’s creditors are vowing to conduct a thorough investigation into the former New York City mayor’s financial transactions in the period leading up...
Bankruptcy
JetBlue’s cautionary message to Spirit Airlines indicates a potential unraveling of their deal
JetBlue Airways Corp.’s dogged pursuit of
Spirit Airlines Inc. has withstood pushback from US regulators, a court-ordered rebuff...
Bankruptcy
Giuliani Declares Yankees Memorabilia and Trump Claim as Assets in Bankruptcy Filing
Rudolph Giuliani’s recent bankruptcy financial disclosures reveal that his assets include New York Yankees world series rings, a signed Joe DiMaggio shirt,...
Bankruptcy
Big Law Gets Involved as Crypto Market Crashes, Resulting in $600 Million Loss
Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at the fees Big Law’s...
Bankruptcy
J&J Cancer Claimants Push for Higher Settlements Before Third Bankruptcy
Johnson & Johnson's latest bankruptcy-focused effort to resolve widespread talc-related litigation hinges on settling ovarian cancer claims. However, the strategy faces long odds and...
Bankruptcy
Kirkland secures $120 million investment from Celsius, BlockFi, and Voyager platform.
Kirkland & Ellis is set to make more than $120 million for its work as the main attorney for three major crypto...
Bankruptcy
Sullivan & Cromwell Emerges Victorious in FTX Case, Silicon Valley Bank Suffers Defeat
The FTX and Silicon Valley Bank collapses show Sullivan & Cromwell’s investments in its restructuring practice are paying enormous dividends for the law firm....