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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...
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...
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.
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/...
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...
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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...
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/...
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...