Houston's MMA Law Inks Ch. 11 Deal With Litigation Funder : Houston's bankrupt MMA Law Firm PLLC has struck a deal to share the proceeds of its mass tort lawsuits with litigation funders Equal Access Justice Fund LP, a key creditor, in exchange for support of its Chapter 11 plan.
NY Nursing Home Gets Ch. 11 Sale OK, Averting Closure : Nursing home operator Cold Springs told a New York bankruptcy judge Thursday the buyer of its 588-bed facility has quelled a dispute with a healthcare workers' union, clearing the way for a Chapter 11 sale.
Canada’s Oldest Company Tries to Avoid Full Liquidation: Hudson’s Bay Co. ULC fought to avoid a full shutdown in a Toronto courtroom on Monday, asking for permission to begin liquidating most of its stores this week.
AIG Beats Mallinckrodt Trust in Twist on Opioid Insurance Clash: American International Group Inc.'s successful bid to avoid covering litigation against opioid manufacturing giant Mallinckrodt offers guidance on a novel issue: the scope of an insurance policy exclusion for claims stemming from opioid products and efforts to market them.
Benson Hill Files Voluntary Chapter 11 Petitions: Benson Hill is a seed innovation company that unlocks nature’s genetic diversity in soy quality traits through a combination of its proprietary genetics, its AI-driven CropOS® technology platform, and its Crop Accelerator. Benson Hill collaborates with strategic partners to create value throughout the agribusiness supply chain to meet the demand for better feed, food, and fuel
