Nancy B. Rapoport In The News
Retail Dive
The struggling home goods retailer has been pulling all kinds of levers, leaving many to wonder why it hasn’t sought Chapter 11 protection by now.
Law.com
Attorneys and consultants involved in FTX bankruptcy have asked the District of Delaware bankruptcy court to approve billed hours and expenses totaling just under $37 million for the first six weeks of Chapter 11 proceedings.
Expressen
After the multi-million deals with snakes, Robin Lehner and his attorney want to withhold his NHL salary from the bankruptcy filing. Now the entire procedure is being questioned by experts in the US, due to details in the bankruptcy filing - which may be incorrectly made. "This is so, so, so strange. A mystery," says Professor Nancy Rapoport.
Financial Times
Sam Bankman-Fried and another former top FTX executive have said Sullivan & Cromwell understated the scale of its work for the exchange before its collapse, sharpening the scrutiny of the law firm’s lucrative bankruptcy appointment.
Financial Times
The investment bank B Riley is so determined to persuade the troubled bitcoin miner Core Scientific to avoid filing for bankruptcy that it has offered as much as $72mn in fresh financing to keep the company from seeking a court-supervised Chapter 11 restructuring.
Off the Kuff
It was hailed as the most innovative company in America, a hometown energy giant whose name graced one of Houston’s skyscrapers and the Astros ballpark.