@randilove
Bloomberg Law: bankruptcy + bankruptcy related matters | former: Reuters national affairs intern | Craig Newmark Graduate School of Journalism CUNY | Cal State University - Dominguez Hills | LA Pierce College | my opinions ≠ my employer
Attorneys general from 27 states and the District of Columbia moved to appoint a consumer privacy ombudsman and security examiner in 23andMe Holding Co.'s bankruptcy, saying they’re concerned about the potential sale of sensitive data.
news.bloomberglaw.com/bankruptcy-l...
The US Supreme Court’s decision to reverse a liquidating trustee’s power to claw back personal tax payments paid to the IRS surprised many in the bankruptcy world, though its practical effects will likely be limited.
news.bloomberglaw.com/us-law-week/...
The IRS triumphed over a bankruptcy trustee at the US Supreme Court after a long-fought battle over payments that a transportation company made before it filed for bankruptcy.
It was an 8-1 decision with Justice Neil Gorsuch dissenting.
news.bloomberglaw.com/bankruptcy-l...
Sticky's, the popular NYC chicken finger spot, says it needs to liqudiate in part due to the cold temps and [checks notes] congestion pricing? from @jamesnani.bsky.social news.bloomberglaw.com/bankruptcy-l...
The Supreme Court weakened a key piece of the Voting Rights Act, making voting discrimination cases dramatically harder to bring in federal court. Cases citing Section 2 of the Act plummeted 60%, a Bloomberg Law analysis shows. news.bloomberglaw.com/litigation/v...
BREAKING: Bankrupt craft retailer Joann Inc. has asked to for court permission to close about 500 stores, leaving it with about 300 throughout the country. If approved, going-out-of-business sales would begin on Saturday.
Bitcoin miner Rhodium Encore LLC sued Riot Platforms, Inc. and Whinstone US, alleging breach of contract and "unlawful efforts" to try to make Rhodium go out of business. Rhodium says it's entitled to more than $300 million in damages.
news.bloomberglaw.com/bankruptcy-l...
The Supreme Court on March 26 will hear a major challenge to a multi-billion-dollar fund that could further curb the authority of federal agencies.
The CFPB's Supervision Director, Lorelei Salas, and Enforcement Director, Eric Halperin, have both resigned, per emails obtained by Bloomberg Law. More to come: news.bloomberglaw.com/banking-law/...
that’s right.
Entrust Energy Inc.'s claims that a Shell unit owes at least $175 million for allegedly breaching energy supply contracts during Winter Storm Uri in 2021 will head to trial after a judge held that factual issues must be resolved.
news.bloomberglaw.com/bankruptcy-l...
Groups representing university diversity officers, college professors, and restaurant workers, along with Baltimore city officials, sued President Trump and multiple federal agencies in the US District Court for the District of Maryland.
A federal judge in Maryland has blocked President Trump’s move to restrict automatic birthright citizenship, handing Trump another legal setback.
A judge overseeing right-wing conspiracy theorist Alex Jones’ bankruptcy rejected a settlement among families of Sandy Hook Elementary School shooting victims because it included claims against Infowars’ parent company, which is no longer in bankruptcy.
news.bloomberglaw.com/bankruptcy-l...
Bankrupt prison health-care firm Wellpath Holdings Inc. failed to drum up qualified bids for one of its business divisions, forcing it to explore new options as incarcerated people who have sued the company worry about how their claims will be treated.
news.bloomberglaw.com/bankruptcy-l...
Wellpath Holdings Inc. is revising its restructuring plan proposal amid objections from junior creditors.
The amended documents, including disclosures about the plan, will be materially different from the current proposal, a Wellpath spokesperson said Tuesday.
news.bloomberglaw.com/bankruptcy-l...
Some Big Law firms have found success in an emerging corner of private equity, bolstering their bona fides in the all-important asset class while riding out a downturn in traditional dealmaking.
New York Gov. Kathy Hochul (D) will detail her plans on Tuesday to address cost-of-living issues with one eye on political rivals preparing to challenge her re-election next year.
My city is in flames, and that hurts to watch.
EXCLUSIVE: A top restructuring attorney for powerhouse law firm Kirkland & Ellis LLP told government attorneys that a relationship between an ex-judge and a former bankruptcy partner for Jackson Walker LLP should have been disclosed.
news.bloomberglaw.com/bankruptcy-l...
Natural disasters are not the time to have a paywall up, y'all...
NEW: A bankruptcy trustee liquidating Alex Jones’ assets is seeking approval to pay the right-wing conspiracy theorist’s parents $375,000 under a settlement involving dietary supplements he advertised on his Infowars show. From @randilove.bsky.social
news.bloomberglaw.com/bankruptcy-l...
NEW: Two subsidiaries of insurance giant Allianz SE were held in contempt for leaking 99 Diocese of Syracuse sex abuse claimants’ personal information.
Despite the contempt ruling, Judge Kinsella didn’t impose sanctions because the issue was already resolved.
news.bloomberglaw.com/bankruptcy-l...
NEW: Two Georgia poll workers who won a $148 million defamation suit against Rudolph Giuliani asked a federal judge to sanction him for “attempting to stonewall” the preparation process for a January trial.
news.bloomberglaw.com/bankruptcy-l...
NEW: The IRS has a bumpy road ahead in a US Supreme Court case against a bankruptcy trustee after multiple justices appeared skeptical of its argument that it should be able to keep payments that a transportation company made before filing for bankruptcy.
news.bloomberglaw.com/bankruptcy-l...
