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Karyopharm, deep in debt, to sell itself in bankruptcy    BioPharma Dive Read full article

Case Summary: ZOM Living Chapter 11    Bondoro Read full article

Calistoga wine business files for bankruptcy amid foreclosure    The Napa Valley Register Read full article

Pennsylvania Healthcare Group Hits Ch. Read full article

Outback Steakhouse Franchisee Hits Ch. 11 With $320M Debt    Law360 Read full article

Cerca Trova Restaurant Group Holdings Files Chapter 11; Bloomin' Brands (BLMN) Moves to Acquire Assets    GuruFocus Read full article

Karyopharm Therapeutics Files for Chapter 11 Bankruptcy and Agrees to Planned Merger with Ayrmid    Yahoo Finance Read full article

Karyopharm files Chapter 11, lines up Ayrmid as lead bidder in planned merger    Fierce Pharma Read full article

Outback Steakhouse Franchisee Files Bankruptcy After Costs Swell    Bloomberg.com Read full article

A Nearly 53-Year-Old NH Powersports Dealer Has Filed for Bankruptcy    WhatNow Read full article

It is not very hard to plead cases under the Federal Rules of Civil Procedure. However, some rules are honored more in the breach. Take Fed.R.Civ.P. 8(a)(2) which requires a "short and plain statement of the claim." A short and plain statement makes it easier to draft a responsive answer without Read full article

Ever since Stern v. Marshall , bankruptcy lawyers are frequently asked to consent to entry of final orders by the Bankruptcy Court. I routinely agree to consent because the Bankruptcy Court is a familiar forum and the judges are a known quantity. Occasionally I will say no for strategic reasons. Read full article

 A recent Fifth Circuit opinion brought back memories of a case I was involved with as a young lawyer. The lesson to be learned is that debtors are required to appear for a hearing on a complaint objecting to discharge regardless of whether they have been subpoenaed. Fed.R.Bankr.P. 4002(a)(2) Read full article

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A motion to lift the automatic stay to allow a tort claimant to proceed against the debtor's insurance coverage is one of the simpler pleadings to file in bankruptcy. Because insurance involves a third party's obligation to defend a suit or pay claims, property of the estate is not implicated. Read full article

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 The Fifth Circuit has long applied judicial estoppel aggressively when a debtor fails to list a cause of action. It once held (in a panel opinion overruled by the en banc court) that a trustee was bound by a debtor's failure to disclose assets. Reed v. City of Arlington , 620 F.3d 477 (5th Cir. Read full article

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