American court hearing recordings and interviews

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hearsay tale presented to the US bankruptcy court in Delaware of alleged happenings in Mexico, in support of proposed retention of Mexican counsel over objections

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hearing on approval of sealed proposed settlement agreement between Saks and its largest landlord Simon Property Group to resolve litigation

What do you make of today’s hearing? Are vultures circling a Houston bankruptcy of an iconic American brand? To me it sounds like a court battle is planned in the QVC bankruptcy, in which investors of the sort sometimes referred to as “vulture investors” - that allegedly bought stakes in QVC when it was already financially distressed - will put on evidence towards trying to propose a different pla...

For the agenda for the hearing, see the amended agenda filed the day of the hearing, docket number 35618 here: https://restructuring.ra.kroll.com/ftx/Home-DocketInfo The court’s ruling granting the objection to the claim gets into the FTX fraud, how people lost savings, some their families’ life savings due to the FTX fraud for which Sam Bankman-Fried was convicted following trial by jury, and sen...

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emergency motion

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Hearing re approval of Saks et al, disclosure statement Very interesting. The Bankruptcy Judge presiding over the Saks bankruptcy called out that the disclosure statement submitted to the court included third party releases - in order words releases of parties that did not file bankruptcy - which runs afoul of the U.S. Supreme Court ruling in Purdue Pharma. It sounds like Saks' bankruptcy lawyers...

seeking and receiving approval of a revised disclosure statement that is subject to further revision, towards commencing solicitation of votes in support of a chapter 11 plan to exit bankruptcy

What does this hearing sound like to you? If I was doing business with QVC, like a supplier, let's say, I might be worried because the case was supposed to be a quick in and out of bankruptcy court to shave off debt. I am not a supplier. I am a lawyer but not one practicing in Houston from out of state on the phone, like the lawyers on the call. My legal practice in New York years ago entailed mak...

More information about the Ascend Elements bankruptcy is available on the free case administration website: https://veritaglobal.net/ascend And here's a link to Recycling Today's coverage of the Ascend Elements bankruptcy and events leading up to it: https://www.recyclingtoday.com/news/ascend-elements-files-for-chapter-11-bankruptcy/

The podcast skips a couple of hearings held in the Saks bankruptcy proceedings earlier in April. The 4/24/2026 hearing is a helpful one to review because it includes an update on the restructuring support agreement and also an update on the anticipated timing of the chapter 11 disclosure statement. Additionally the hearing includes a summary of the proposed chapter 11 exit financing, with the busi...

In this case the Supreme Court is considering whether investor harm is a prerequisite to a disgorgement award in a civil action brought by the Securities and Exchange Commission (SEC).

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The hearing opens with counsel extending condolences to the Court following the passing of Judge Dorsey, the Judge who had presided over the FTX and Alameda bankruptcy proceedings after they were filed in Delaware in 2022: https://www.deb.uscourts.gov/news/passing-judge-john-t-dorsey

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