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Bankruptcy News, Litigation, Regulation, and Analysis : Law360 Bankruptcy Authority
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class="col-md-8" style="min-height:425px;"> <style type="text/css"> #carousel-section-featured { height:400px; min-height:400px; max-height:400px; } #carousel-section-featured .headline-layer { position: absolute; bottom: 0; left: 0; width: 100%; background: rgba(0,0,0,0.6); font-family: 'tahoma'; font-size: 15px; color: white; text-align: center; padding: 12px 12px 50px 12px; font-family: Arial,sans-serif; } #Tax #carousel-section-featured .headline-layer h3 {font-size: 20px; text-transform: none; border:0; font-weight: normal; } #Tax #carousel-section-featured .headline-layer h3 a { color:#fff; } #Tax #carousel-section-featured .headline-layer .carousel-caption-nested {font-size: 12px;} </style> <div class="hidden-xs"> <div id="carousel-section-featured" class="carousel slide" data-ride="carousel"> <!-- Indicators --> <ol class="carousel-indicators"> <li data-target="#carousel-section-featured" data-slide-to="0" class="active"></li> <li data-target="#carousel-section-featured" data-slide-to="1"></li> <li data-target="#carousel-section-featured" data-slide-to="2"></li> </ol> <div class="carousel-inner" role="listbox"> <div class="item active"> <div class="slide-content"> <img alt="green bankruptcy law books on shelf" src="https://assets.law360news.com/2273000/2273781/fa9e0098cbc560c74ff7f9ee9e862e33dda9890e-istock-1410848325-bankruptcy.jpg" class="feature-img img-responsive" style="height:400px;" /> <div class="headline-layer"> <h3><a href="/bankruptcy-authority/articles/2273781/under-the-radar-bankruptcy-news-you-may-have-missed" title="Under The Radar: Bankruptcy News You May Have Missed" class="url entry-title">Under The Radar: Bankruptcy News You May Have Missed</a></h3> <p>An artificial intelligence startup said its former CEO can't put a freeze on her indemnification claims in its bankruptcy while she faces criminal and civil fraud charges. The bankrupt former owner of a talc mine owner said it needs another $9 million in Chapter 11 funding to close its case. And, the Office of the U.S. Trustee said use of opt-out forms to get creditor consent to third-party releases aren't allowed under state law.聽</p> </div> </div> </div> <div class="item"> <div class="slide-content"> <img alt="Charger plugged into white car" src="https://assets.law360news.com/2273000/2273820/247c463921c606070fe71f357158bf59cfa0d2d4-public_ev_chargepoint_report_51057.jpg" class="feature-img img-responsive" style="height:400px;" /> <div class="headline-layer"> <h3><a href="/bankruptcy-authority/articles/2273820/meet-the-attys-behind-ev-co-ideanomics-ch-11" title="Meet The Attys Behind EV Co. Ideanomics' Ch. 11" class="url entry-title">Meet The Attys Behind EV Co. Ideanomics' Ch. 11</a></h3> <p>A team of attorneys from Foley & Lardner LLP and Ashby & Geddes PA is representing New York-based electric-vehicle technology company Ideanomics Inc. in its Chapter 11 case in Delaware, as the company seeks to recover after burning through over $700 million in cash over four years with plans to hand the business to its main lender.</p> </div> </div> </div> <div class="item"> <div class="slide-content"> <img alt="The words Chapter 11 bankruptcy appear in a blocky font (iStock.com/Kameleon007)" src="https://assets.law360news.com/2273000/2273143/e1efd88fdd5eb9ed5f71cfa649c0aead9104b6e0-istock-184377498.jpg" class="feature-img img-responsive" style="height:400px;" /> <div class="headline-layer"> <h3><a href="/bankruptcy-authority/articles/2273143/ev-co-ideanomics-took-wandering-path-to-ch-11" title="EV Co. Ideanomics Took Wandering Path To Ch. 11" class="url entry-title">EV Co. Ideanomics Took Wandering Path To Ch. 11</a></h3> <p>Ideanomics Inc., a company that careened through seemingly unrelated industries before landing in the electric-vehicle charging business in recent years, drained itself of more than $700 million in cash over four years on its way to crashing into bankruptcy this month with a plan that could hand the business to its main lender.</p> </div> </div> </div> </div> <a class="left carousel-control" href="#carousel-section-featured" role="button" data-slide="prev"> <span class="glyphicon glyphicon-chevron-left" aria-hidden="true"></span> <span class="sr-only">Previous</span> </a> <a class="right carousel-control" href="#carousel-section-featured" role="button" data-slide="next"> <span class="glyphicon glyphicon-chevron-right" aria-hidden="true"></span> <span class="sr-only">Next</span> </a> </div> </div> <div class="visible-xs"> <div class="featured-content"> <img alt="green bankruptcy law books on shelf" src="https://assets.law360news.com/2273000/2273781/fa9e0098cbc560c74ff7f9ee9e862e33dda9890e-istock-1410848325-bankruptcy.jpg" class="feature-img img-responsive" /> <h3><a href="/real-estate-authority/articles/2273781/under-the-radar-bankruptcy-news-you-may-have-missed?carousel=1" title="Under The Radar: Bankruptcy News You May Have Missed" class="url entry-title">Under The Radar: Bankruptcy News You May Have Missed</a></h3> <p>An artificial intelligence startup said its former CEO can't put a freeze on her indemnification claims in its bankruptcy while she faces criminal and civil fraud charges. The bankrupt former owner of a talc mine owner said it needs another $9 million in Chapter 11 funding to close its case. And, the Office of the U.S. Trustee said use of opt-out forms to get creditor consent to third-party releases aren't allowed under state law.聽</p> </div> <div class="featured-content"> <img alt="Charger plugged into white car" src="https://assets.law360news.com/2273000/2273820/247c463921c606070fe71f357158bf59cfa0d2d4-public_ev_chargepoint_report_51057.jpg" class="feature-img img-responsive" /> <h3><a href="/real-estate-authority/articles/2273820/meet-the-attys-behind-ev-co-ideanomics-ch-11?carousel=1" title="Meet The Attys Behind EV Co. Ideanomics' Ch. 11" class="url entry-title">Meet The Attys Behind EV Co. Ideanomics' Ch. 11</a></h3> <p>A team of attorneys from Foley & Lardner LLP and Ashby & Geddes PA is representing New York-based electric-vehicle technology company Ideanomics Inc. in its Chapter 11 case in Delaware, as the company seeks to recover after burning through over $700 million in cash over four years with plans to hand the business to its main lender.</p> </div> <div class="featured-content"> <img alt="The words Chapter 11 bankruptcy appear in a blocky font (iStock.com/Kameleon007)" src="https://assets.law360news.com/2273000/2273143/e1efd88fdd5eb9ed5f71cfa649c0aead9104b6e0-istock-184377498.jpg" class="feature-img img-responsive" /> <h3><a href="/real-estate-authority/articles/2273143/ev-co-ideanomics-took-wandering-path-to-ch-11?carousel=1" title="EV Co. Ideanomics Took Wandering Path To Ch. 11" class="url entry-title">EV Co. 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