Dietrich Knauth @DietrichKnauth
I cover bankruptcy and product liability at Reuters. Send tips to [email protected] Brooklyn, NY Joined October 2010-
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Unless this is a typo, rue21 is broke as hell
Changpeng Zhao, the former chief executive of Binance, was sentenced to four months in prison after pleading guilty to violating US money-laundering laws at the world's largest cryptocurrency exchange reut.rs/3UF4Kh2
Kudos to @petition for this take on the latest back-and-forth in WeWork's bankruptcy
25 years. "The defendant's assertion that FTX customers and creditors will be paid in full is misleading, it is logically flawed, it is speculative," [Judge] Kaplan said. " reuters.com/technology/sam…
A US bankruptcy judge ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly helped Indian education technology startup Byju's hide $533 million from its lenders reut.rs/3IDVDXm @DietrichKnauth
New Jersey Catholic diocese's $87.5 mln abuse settlement approved @DietrichKnauth reut.rs/3IAsex0
I missed this anonuncement from early March, but Alabama AG has reached opioid deals with Cardinal Health and Cencora (fka AmerisourceBergen). They previously settled with McKesson after opting out of a national drug distributor settlement. alabamaag.gov/alabama-attorn…
The Judicial Conference of the United States today strengthened the policy governing random case assignment to limit the practice of “judge shopping,” when litigants strategically choose where to file cases in hopes of being assigned a certain judge. uscourts.gov/news/2024/03/1…
In Sorrento Therapeutics, the US Trustee is challenging the company's listing of a brand-new PO Box as its "principal place of business" when filing for bankruptcy UST asks : Can you hold meetings inside a PO Box? Sorrento witness: Not to my knowledge, no.
I usually pay attention to bankruptcy forum shopping when there's some other shenanigans going on (i.e., a Texas Two-step, coercive non-debtor releases, etc.) But it's super easy and common. @petition points out that Bowflex NJ was incorporated on Feb 9.
Mild-mannered bankruptcy judge says that Terraform Labs' broadside against its newly-formed creditor committee is "hardly typical" UST and UCC use stronger language: "flabbergasted," "shocked," "Litigation by ambush," "to say we've been sandbagged is an understatement."
BowFlex New Jersey LLC has filed Chapter 11 in the District of New Jersey Represented by: Joseph J. DiPasquale Fox Rothschild, LLP #Bankruptcy rkc.llc/post/bowflexne…
Texas law firm Jackson Walker was urged nearly two years ago to disclose that one of its partners was in a romantic relationship with a federal judge who oversaw many of the firm's cases, the DOJ's bankruptcy watchdog said in a court filing reut.rs/3wEd5YX @DaveThomas5150
If you're going to make just 5-7% of your annual revenue target this year, you may also want send out a press release with a title so bland that investors immediately decline to read further: "[Shitco] Provides Corporate Updates"
Boy Scouts settlement is back on, after Supreme Court temporarily paused it last week. Third Circuit is going to hear appeals on April 9. What a roller coaster. reuters.com/legal/us-supre…
Maria Chutchian @MariaChutchian
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Jonathan Randles @sparkyrandles
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Evan Weinberger @reporterev
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Tiffany Fong @TiffanyFong_
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kyle ray hinds @kylerayhinds
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Maria Chutchian @MariaChutchian
3K Followers 1K Following Deputy team lead//editing bankruptcy news @Blaw via @ReutersLegal, @Debtwire and @Law360. Chutch rhymes with hutch. [email protected]
Jonathan Randles @sparkyrandles
2K Followers 2K Following reporter on the bankruptcy beat @business https://t.co/6pVICBrZtu previously WSJ, Law360. opinions mine. he/him
Evan Weinberger @reporterev
2K Followers 769 Following Milo and Tobin's dad, NYRangers fan, banking @blaw, ex-Law360, Vassar grad. eweinberger[at]https://t.co/4I1BFceywA. DM for Signal.
Tiffany Fong @TiffanyFong_
121K Followers 945 Following collecting criminals. youtube: tiffanyfong 👀 ig: tiffanyfong ✍️ https://t.co/IdNhd0SrFF 💌 [email protected]
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💥PETITION💥 @petition
13K Followers 218 Following Irreverent financial market analysis/commentary with a focus on chapter 11 bankruptcy, restructuring & distressed investing. DYOR. NF-or-legal-A. Subscribe 👇
Sindhu Sundar @sndrsndh
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Randall G. Reese @Chapter11Cases
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Stephanie Russell-Kra.. @srussellkraft
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9K Followers 2K Following Covering the federal judiciary and 5th Circuit for @BLaw | Before: @Reuters @TheNLJ @TheHill | she/her | https://t.co/bMXMFyqKiF@DietrichKnauth Yep, I rarely use "cash on hand" numbers in my stories, but did in this one!
Can’t help but appreciate someone who appreciates the word “puerile” - interviewing @karaswisher for @public #BurnBook
Help us say no to #Layoffs360 actionnetwork.org/letters/tell-l…
this is insane
There’s still not enough women in crypto. We've launched our new fragrance ‘CRYPTO’ as a new way to open up conversations with the public on what needs to be done to bridge the gender gap. Find out more 👉 academy.binance.com/en/learn-and-e…
Boy, I'm glad I spent so much time thinking about the phrase "Officer of the United States"!
As Boy Scouts victims start to receive compensation for sex abuse after decades, some point to the unfairness of different payouts for the same assault in different states. wsj.com/us-news/why-pa… via @WSJ
Kind of a weird stipulation that Trump has to put the money in a floral printed shoe box and put it in the back seat of an SUV
New York v Donald J. Trump: fingfx.thomsonreuters.com/gfx/legaldocs/…
Everyone who thinks they are too-smart, too-savvy to have this happen to you, you're wrong. Sorry.
The IRS sued the Federal Deposit Insurance Corporation, asking a judge to determine how much the FDIC must pay to cover an estimated $1.45 billion tax debt owed by the failed Silicon Valley Bank reut.rs/42B0zoV
A small group of sex-abuse victims with claims against the Boy Scouts of America on Friday asked the U.S. Supreme Court to stop the youth organization's $2.46 billion bankruptcy settlement from moving forward while they appeal its approval @DietrichKnauth reut.rs/49w676e
I just realized that the last two names of the law firm repping Rudy Giuliani in bankruptcy--Wexler & Goodman--are the same as the two main characters of Better Call Saul and I needed to get it off my chest, apologies Anyway, here's @JamesJNani's latest news.bloomberglaw.com/bankruptcy-law…
For my debut column at @lithub I wrote about how March 2024 is jam-packed with books I want to read, and how that's not necessarily a good thing. lithub.com/why-is-march-2…
Ring in 2024 with detailed opinion from WDNC bankruptcy court *denying* dismissal of so-called Texas-Two Step asbestos bankruptcies Aldrich Pump & Murray Boiler, spun off from Trane. Court all but implores 4th Circuit to revisit questions in this case.
That thing where you come to regret signing up for all the state AG' individual press releases as every state announces the same settlement at once....
New: The DOJ today urged the 1st Circuit to break with every other federal appeals court in the country by holding that a defendant's conviction outlasts his death and does not get wiped away just because he died before his appeal could be heard. reuters.com/legal/governme…
Here at the Supreme Court for Purdue Pharma’s arguments over third-party releases and protesters have gathered, chanting “Shame on Sacklers” and wearing shirts that say “no billionaire releases.”
Voting tomorrow? Check this out
Unsexy but important: What are New York’s two 2023 ballot proposals? cityandstateny.com/policy/2023/11…
Nice @DietrichKnauth story on the next chapter of the Judge Jones saga - creditors trying to force Jackson Walker to disgorge fees. reuters.com/legal/litigati…
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