Supreme Court denies Hertz's petition for review. Here's what it means.

The Supreme Court will not hear Hertz's challenge of a lower court decision, putting it on the hook for millions in interest ...
Law

Trust But Verify: Bankruptcy Court Issues First Published Opinion on Limits on Use of AI

In a decision of first impression, the U.S. Bankruptcy Court for the Northern District of Illinois (the court) imposed sanctions on a debtor’s counsel and his law firm for filing a brief that included ...
Seeking Alpha

District Court Affirms Bankruptcy Decision Allowing Nu Ride Inc.'s Adversary Claims Against Foxconn to Proceed

NEW YORK, Sept. 15, 2025 /PRNewswire/ -- Nu Ride Inc. (NRDE), formerly known as Lordstown Motors Corp., announced that on September 12, 2025, the United States District Court for the District of ...
Law

Disposition of Environmental and Landlord Claims in Bankruptcy Presents Challenges

Today we report on two recent decisions. One involves the calculation of landlord damage claims and the extent such claims are subject to the damage cap under Section 502 of the Bankruptcy Code. The ...

Young TikTokers are reframing bankruptcy as a financial hack. Experts say it's far more complicated.

Some young people on TikTok are framing bankruptcy as a life-changing win. Financial experts say the process should be ...
JD Supra

District Court in Houston Further Clarifies “Equal Treatment” Rule, Supporting “Minority” Creditors in ConvergeOne Bankruptcy

On September 25, 2025, the U.S. District Court for the Southern District of Texas overturned the Bankruptcy Court's confirmation of ConvergeOne's chapter 11 plan for violating the Bankruptcy Code’s ...
Business Insider

NCLA Asks SCOTUS to Hear Case About Proper Standard for Reviewing Bankruptcy Court Recusals

Washington, DC, Oct. 27, 2025 (GLOBE NEWSWIRE) -- The New Civil Liberties Alliance has filed an amicus curiaebrief urging the U.S. Supreme Court to hear James Dondero v. Stacey G. Jernigan. NCLA asks ...