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BankruptcyData’s Advisory/Group Member Activity Report (League Tables) - 1H25
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BankruptcyData’s Advisory Retentions and Group Activity Report tracks and ranks advisors to key parties in U.S. bankruptcy cases (including chapters 11, 7, and 15) filed in 1H25. This report also highlights ad hoc group membership as well as the appearances of specific professionals. READ MORE
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SPONSORED CONTENT
Predatory Uptiering: Three Steps to Protect Against Being Primed
While uptiering disputes are not new, the loan market has seen an uptick in recent years. If not careful, lenders can lose their lien claim positions to a newer, senior lender. SRS Acquiom explains the primary mechanisms of predatory uptiering and identifies steps lenders can take to protect against it—all in one easy-to-reference page. Download the Guide
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 | | Editor's Picks |
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Rep. Correa Introduces Legislation to Support Student Borrower Bankruptcy Relief
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Rep. Lou Correa (D-Calif.), along with 16 co-sponsors, yesterday introduced the "Student Loan Bankruptcy Improvement Act of 2025." The legislation aims to help provide relief from crippling debt to more student loan borrowers. While still holding borrowers accountable, Correa’s legislation would update the standard that has kept millions from achieving a financial fresh start by loosening the criteria for student loan discharge. Click here to view the bill text.
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Steward Health Care Approved to Sue Insiders Under Wind-Down Plan
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A bankruptcy judge gave Steward Health Care System the go-ahead to wind down what remains of the company, marking the closure of one of the biggest hospital bankruptcies in decades, WSJ Pro Bankruptcy reported. U.S. Bankruptcy Judge <b>Christopher Lopez</b> approved a liquidation plan for Steward, which sold off, shut down or transferred to new operators all 31 of its hospitals last year. READ MORE
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New Orleans Archdiocese Submits Plan to Resolve Bankruptcy with Sex Abuse Survivors
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The Archdiocese of New Orleans, as well as a committee representing sex abuse survivors, has officially submitted a joint plan that would help end the diocese's yearslong bankruptcy case, WDSU.com reported. According to the plan, should the settlement be accepted, $130 million in cash would be made immediately available to sex abuse survivors through a trust. An additional $20 million in payments would be made available over the course of four years, and $30 million would be made available from insurance company settlements. READ MORE
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 | | Upcoming Events |
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Mergers and Acquisitions Series: Key Considerations in the Current Market
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abiLIVE Webinar sponsored by SC&H Capital
July 24
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2025 Southeast Bankruptcy Workshop
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The Ritz-Carlton, Amelia Island
July 24-27 | Amelia Island, Fla.
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 | | Daily Roundup |
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Texas Law Firm Heads Toward Trial Over Ex-Judge’s Romance
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Texas law firm Jackson Walker didn’t reach a deal ahead of a court-imposed deadline to resolve a civil case brought by the Justice Department over an ex-partner’s romantic relationship with the nation’s former top bankruptcy judge, WSJ Pro Bankruptcy reported. Jackson Walker and the Justice Department’s Office of the U.S. Trustee concluded mediated talks without resolving litigation around the firm’s involvement in the ethics scandal that forced former bankruptcy judge David R. Jones off the bench in 2023, according to court papers filed Tuesday. READ MORE
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Del Taco Franchisee Files for Chapter 11 Bankruptcy
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Red Door Sandwich LLC, a Del Taco franchisee, filed for chapter 11 bankruptcy protection Tuesday in South Carolina, court documents show, National Restaurant News reported. The company’s parent, Greenville, S.C.-based Red Door Brands LLC, also franchises Arby’s, Little Caesars, and McAlister’s Deli. READ MORE
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Linqto Investor Alleges Company Manufactured Texas Venue for Bankruptcy Case
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An equity holder of bankrupt investing platform Linqto alleged that its chapter 11 case was improperly steered to Houston in what amounts to “venue manipulation,” <em>WSJ Pro Bankruptcy</em> reported. Linqto described itself in bankruptcy papers filed last week as a Delaware corporation with a principal place of business in San Jose, Calif., and a mailing address in nearby Sunnyvale. READ MORE
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Stewart's Food Stores Files for Chapter 11 in Texas
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While some grocery stores expand across Texas, experts say that others are feeling the sharp sting of the current economic condition. Such is the case with Stewart's Food Stores. The longtime regional food market (officially West Brazos Stewart Food Markets, LLC) filed for chapter 11 bankruptcy with U.S. Bankruptcy Court for the Southern District of Texas on July 11. READ MORE
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U.S. Producer Prices Unchanged with Wholesale Inflation Remaining Under Control
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U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers, the Associated Press reported. The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices rose 2.3% from a year earlier, the smallest year-over-year gain since September. Both measures came in below what economists had expected. READ MORE
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