WSJ Pro Bankruptcy

Georgia-Pacific appears to shift strategy, abandoning the stalled Bestwall bankruptcy for a fast-track filing to settle claims wsj.com/pro/bankruptcy…

Cornerstone taps AlixPartners for debt restructuring advice wsj.com/pro/bankruptcy…

777 Partners co-founder says media leaks pushed firm to brink wsj.com/pro/bankruptcy…

Three former First Brands executives asked a bankruptcy court to drop the company’s lawsuit alleging their involvement in a fraud scheme, saying founder Patrick James acted alone wsj.com/pro/bankruptcy…

Bankruptcy Judge Michael Kaplan has taken what experts call an unusual step: appointing himself to oversee mediation in Multi-Color’s chapter 11 case wsj.com/articles/judge…

Under a deal with lenders, Andrew Wiederhorn and his family will no longer control the franchise operator wsj.com/articles/fat-b…

Judge appoints himself as mediator in Multi-Color bankruptcy wsj.com/articles/judge…

A judge ruled that oil-and-gas driller Unit Corp. must face former shareholders’ claims that it improperly altered the terms of their stock warrants on its way out of chapter 11 wsj.com/articles/drill…

Beasley Allen was disqualified from talc-related lawsuits against J&J after a court found it violated ethical rules by communicating with a former lawyer for J&J wsj.com/articles/johns…

Brian Schartz and John Luze are expected to join Simpson after its recent hiring of Kirkland Ellis liability-management lawyer David Nemecek wsj.com/articles/simps…

Under a deal with lenders, Andrew Wiederhorn and his family will no longer control the franchise operator wsj.com/articles/fat-b…

A Bill Gates-backed biotech startup is investing $450 million in Philadelphia’s Bellwether District to build a manufacturing facility, according to sources wsj.com/articles/burne…

Spandex maker Lycra has filed for bankruptcy with a restructuring plan backed by creditors to cut roughly $1.2 billion in debt wsj.com/articles/spand…

A New York judge allowed a lender lawsuit over the separation of Lions Gate’s studio assets from Starz to proceed wsj.com/articles/starz…

Lenders to Serta Simmons return to the bankruptcy court over the 2020 liability management deal wsj.com/articles/serta…

Prison healthcare contractor YesCare is exposed to lawsuits again after it missed payments under a settlement to resolve the bankruptcy of its former affiliate wsj.com/articles/priso…

Bankrupt auto-parts supplier First Brands laid off employees in its aftermarket businesses after failing to secure financing or a buyer for most operations wsj.com/articles/first…

A bankruptcy judge has recused herself from a case to resolve allegations of bias around the similarities between her fictional novels and real-life people in her courtroom wsj.com/articles/novel…

Equipment financing firm Onset Financial has countersued First Brands, alleging it was misled into extending financing to the auto-parts supplier before its bankruptcy wsj.com/articles/first…

David Nemecek, the lawyer who spearheaded the development of Kirkland & Ellis’s market-leading liability management practice, is leaving the firm to join Simpson Thacher & Bartlett wsj.com/articles/kirkl…