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Randi Love

@randilove.bsky.social

Bloomberg Law: bankruptcy + bankruptcy related matters | former: Reuters national affairs intern | Craig Newmark Graduate School of Journalism CUNY | Cal State University - Dominguez Hills | LA Pierce College | my opinions ≠ my employer

89 Followers  |  10 Following  |  14 Posts  |  Joined: 06.12.2024  |  1.929

Latest posts by randilove.bsky.social on Bluesky

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Bankrupt 23andMe Needs Security Examiner for Data, 27 States Say Attorneys general from 27 states and the District of Columbia moved to appoint a consumer privacy ombudsman and security examiner in 23andMe Holding Co.'s bankruptcy, saying they’re concerned about th...

Attorneys general from 27 states and the District of Columbia moved to appoint a consumer privacy ombudsman and security examiner in 23andMe Holding Co.'s bankruptcy, saying they’re concerned about the potential sale of sensitive data.

news.bloomberglaw.com/bankruptcy-l...

17.04.2025 16:11 — 👍 3    🔁 2    💬 1    📌 0
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High Court Curb on Bankruptcy Clawbacks Surprising but Limited The US Supreme Court’s decision to reverse a liquidating trustee’s power to claw back personal tax payments paid to the IRS surprised many in the bankruptcy world, though its practical effects will li...

The US Supreme Court’s decision to reverse a liquidating trustee’s power to claw back personal tax payments paid to the IRS surprised many in the bankruptcy world, though its practical effects will likely be limited.

news.bloomberglaw.com/us-law-week/...

27.03.2025 19:33 — 👍 0    🔁 0    💬 0    📌 0
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Supreme Court Hands IRS Win Over Bankruptcy Trustee Clawback (2) The IRS triumphed over a liquidating trustee at the US Supreme Court after a long-fought battle over payments that a transportation company made before it filed for bankruptcy.

The IRS triumphed over a bankruptcy trustee at the US Supreme Court after a long-fought battle over payments that a transportation company made before it filed for bankruptcy.

It was an 8-1 decision with Justice Neil Gorsuch dissenting.

news.bloomberglaw.com/bankruptcy-l...

26.03.2025 18:49 — 👍 0    🔁 0    💬 0    📌 0
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Maryland's Federal Court Becomes Magnet for Trump Challenges The federal trial court in Maryland with nearly all Democratic appointees is emerging as a popular destination for legal challenges to Trump administration actions.

news.bloomberglaw.com/bankruptcy-l...

12.02.2025 20:57 — 👍 0    🔁 0    💬 0    📌 0
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NYC Chicken Spot Seeks Liquidation Blaming Cold, Congestion Fees The operator of New York-area restaurant chain Sticky’s Finger Joint wants to convert its bankruptcy reorganization into a liquidation, blaming its declining financial performance on an extreme cold s...

Sticky's, the popular NYC chicken finger spot, says it needs to liqudiate in part due to the cold temps and [checks notes] congestion pricing? from @jamesnani.bsky.social news.bloomberglaw.com/bankruptcy-l...

12.02.2025 15:41 — 👍 0    🔁 2    💬 0    📌 0
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Voting Rights Claims Plunge in Wake of Supreme Court Decision After the Supreme Court weakened a key piece of the Voting Rights Act, voting discrimination cases are not just harder to bring to court but dramatically so, according to a Bloomberg Law analysis and ...

The Supreme Court weakened a key piece of the Voting Rights Act, making voting discrimination cases dramatically harder to bring in federal court. Cases citing Section 2 of the Act plummeted 60%, a Bloomberg Law analysis shows. news.bloomberglaw.com/litigation/v...

12.02.2025 15:46 — 👍 0    🔁 1    💬 0    📌 1

BREAKING: Bankrupt craft retailer Joann Inc. has asked to for court permission to close about 500 stores, leaving it with about 300 throughout the country. If approved, going-out-of-business sales would begin on Saturday.

12.02.2025 17:31 — 👍 0    🔁 1    💬 0    📌 0
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Bankrupt Rhodium Hits Bitcoin Miner Riot With $300 Million Suit Bankrupt bitcoin miner Rhodium Encore LLC sued a competitor and a service provider for breach of contract and tortious interference, alleging more than $300 million in damages for withholding power.

Bitcoin miner Rhodium Encore LLC sued Riot Platforms, Inc. and Whinstone US, alleging breach of contract and "unlawful efforts" to try to make Rhodium go out of business. Rhodium says it's entitled to more than $300 million in damages.

news.bloomberglaw.com/bankruptcy-l...

12.02.2025 19:07 — 👍 0    🔁 0    💬 0    📌 0
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Justices Set Arguments for Agency Power, Judge Shopping Cases The US Supreme Court on March 26 will hear a major challenge to a multi-billion-dollar fund that could further curb the authority of federal agencies.

The Supreme Court on March 26 will hear a major challenge to a multi-billion-dollar fund that could further curb the authority of federal agencies.

10.02.2025 18:37 — 👍 0    🔁 1    💬 0    📌 0
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CFPB Supervision, Enforcement Chiefs Resign as Agency Shuts Down The heads of the Consumer Financial Protection Bureau’s supervision and enforcement units stepped down amid a halt to their work.

The CFPB's Supervision Director, Lorelei Salas, and Enforcement Director, Eric Halperin, have both resigned, per emails obtained by Bloomberg Law. More to come: news.bloomberglaw.com/banking-law/...

11.02.2025 15:23 — 👍 4    🔁 4    💬 0    📌 0

that’s right.

10.02.2025 02:15 — 👍 43820    🔁 3395    💬 419    📌 74
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Entrust, Shell Battle Over Winter Storm Claims Moves to Trial Entrust Energy Inc.'s claims that a Shell unit owes at least $175 million for allegedly breaching energy supply contracts during Winter Storm Uri in 2021 will head to trial after a judge held that fac...

Entrust Energy Inc.'s claims that a Shell unit owes at least $175 million for allegedly breaching energy supply contracts during Winter Storm Uri in 2021 will head to trial after a judge held that factual issues must be resolved.

news.bloomberglaw.com/bankruptcy-l...

05.02.2025 22:41 — 👍 0    🔁 0    💬 0    📌 0
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DEI Officers Claim Trump Orders Threaten Free Speech in New Suit President Donald Trump’s executive orders targeting allegedly discriminatory DEI programs in business, higher education, and elsewhere should be blocked for infringing on First Amendment and due proce...

Groups representing university diversity officers, college professors, and restaurant workers, along with Baltimore city officials, sued President Trump and multiple federal agencies in the US District Court for the District of Maryland.

04.02.2025 13:56 — 👍 6    🔁 2    💬 0    📌 0
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Second US Judge Blocks Trump Birthright Citizenship Order A federal judge in Maryland has blocked President Donald Trump’s move to restrict automatic birthright citizenship, handing Trump another legal setback in his effort to upend more than a century of US...

A federal judge in Maryland has blocked President Trump’s move to restrict automatic birthright citizenship, handing Trump another legal setback.

05.02.2025 16:35 — 👍 1    🔁 1    💬 0    📌 0
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Alex Jones Bankruptcy Judge Denies Sandy Hook Families' Deal A judge overseeing right-wing conspiracy theorist Alex Jones’ bankruptcy rejected a settlement among families of Sandy Hook Elementary School shooting victims because it included claims against Infowa...

A judge overseeing right-wing conspiracy theorist Alex Jones’ bankruptcy rejected a settlement among families of Sandy Hook Elementary School shooting victims because it included claims against Infowars’ parent company, which is no longer in bankruptcy.

news.bloomberglaw.com/bankruptcy-l...

05.02.2025 16:40 — 👍 0    🔁 0    💬 0    📌 0
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Wellpath Bankruptcy Plan Pivot Follows Inmate Claim Concerns Bankrupt prison health-care firm Wellpath Holdings Inc. failed to drum up qualified bids for one of its business divisions, forcing it to explore new options as incarcerated people who have sued the c...

Bankrupt prison health-care firm Wellpath Holdings Inc. failed to drum up qualified bids for one of its business divisions, forcing it to explore new options as incarcerated people who have sued the company worry about how their claims will be treated.

news.bloomberglaw.com/bankruptcy-l...

03.02.2025 14:26 — 👍 0    🔁 0    💬 0    📌 0
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Prison Health Company Wellpath to Alter Bankruptcy Plan Proposal Bankrupt prison health-care company Wellpath Holdings Inc. is working to revise its restructuring plan proposal amid objections from junior creditors.

Wellpath Holdings Inc. is revising its restructuring plan proposal amid objections from junior creditors.

The amended documents, including disclosures about the plan, will be materially different from the current proposal, a Wellpath spokesperson said Tuesday.

news.bloomberglaw.com/bankruptcy-l...

29.01.2025 18:21 — 👍 0    🔁 0    💬 0    📌 0
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Private Equity Secondaries Frenzy Spurs Law Firm Competition Some Big Law firms have found success in an emerging corner of private equity, bolstering their bona fides in the all-important asset class while riding out a downturn in traditional dealmaking.

Some Big Law firms have found success in an emerging corner of private equity, bolstering their bona fides in the all-important asset class while riding out a downturn in traditional dealmaking.

14.01.2025 14:47 — 👍 0    🔁 1    💬 0    📌 0
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Hochul Plans Cost-of-Living Fixes to Fend Off Political Threats New York Gov. Kathy Hochul (D) will detail her plans on Tuesday to address cost-of-living issues with one eye on political rivals preparing to challenge her re-election next year.

New York Gov. Kathy Hochul (D) will detail her plans on Tuesday to address cost-of-living issues with one eye on political rivals preparing to challenge her re-election next year.

14.01.2025 14:52 — 👍 0    🔁 1    💬 0    📌 0

My city is in flames, and that hurts to watch.

10.01.2025 20:17 — 👍 0    🔁 0    💬 0    📌 0
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Kirkland Partner Said Relationship ‘Tarnishes’ Ex-Judge’s Cases A top restructuring attorney for powerhouse law firm Kirkland & Ellis LLP told government attorneys that a relationship between an ex-judge and a former bankruptcy partner for Jackson Walker LLP shoul...

EXCLUSIVE: A top restructuring attorney for powerhouse law firm Kirkland & Ellis LLP told government attorneys that a relationship between an ex-judge and a former bankruptcy partner for Jackson Walker LLP should have been disclosed.
news.bloomberglaw.com/bankruptcy-l...

10.01.2025 14:42 — 👍 5    🔁 2    💬 1    📌 0

Natural disasters are not the time to have a paywall up, y'all...

08.01.2025 20:29 — 👍 0    🔁 0    💬 0    📌 0
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Alex Jones' Parents to Be Paid Under Bankruptcy Trustee Deal A bankruptcy trustee liquidating Alex Jones’ assets is seeking approval to pay the right-wing conspiracy theorist’s parents $375,000 under a settlement involving dietary supplements he advertised on h...

NEW: A bankruptcy trustee liquidating Alex Jones’ assets is seeking approval to pay the right-wing conspiracy theorist’s parents $375,000 under a settlement involving dietary supplements he advertised on his Infowars show. From @randilove.bsky.social

news.bloomberglaw.com/bankruptcy-l...

07.01.2025 15:20 — 👍 0    🔁 1    💬 0    📌 0
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Syracuse Diocese Insurer Held in Contempt in Sex Abuse Data Leak Two subsidiaries of insurance giant Allianz SE were held in contempt for leaking nearly 100 Roman Catholic Diocese of Syracuse sex abuse claimants’ personal information nearly four years ago.

NEW: Two subsidiaries of insurance giant Allianz SE were held in contempt for leaking 99 Diocese of Syracuse sex abuse claimants’ personal information.

Despite the contempt ruling, Judge Kinsella didn’t impose sanctions because the issue was already resolved.

news.bloomberglaw.com/bankruptcy-l...

08.01.2025 19:19 — 👍 0    🔁 0    💬 0    📌 0
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Giuliani Should Be Sanctioned for Stonewalling, Poll Workers Say Two Georgia poll workers who won a $148 million defamation suit against Rudolph Giuliani asked a federal judge to sanction him for “attempting to stonewall” the preparation process for a January trial...

NEW: Two Georgia poll workers who won a $148 million defamation suit against Rudolph Giuliani asked a federal judge to sanction him for “attempting to stonewall” the preparation process for a January trial.

news.bloomberglaw.com/bankruptcy-l...

06.12.2024 19:03 — 👍 0    🔁 1    💬 0    📌 0
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IRS Climbing a Steep Hill in Bankruptcy Trustee Clawback Dispute The IRS has a bumpy road ahead in a US Supreme Court case against a bankruptcy trustee after multiple justices appeared skeptical of its argument that it should be able to keep payments that a transpo...

NEW: The IRS has a bumpy road ahead in a US Supreme Court case against a bankruptcy trustee after multiple justices appeared skeptical of its argument that it should be able to keep payments that a transportation company made before filing for bankruptcy.

news.bloomberglaw.com/bankruptcy-l...

06.12.2024 16:45 — 👍 0    🔁 0    💬 0    📌 0

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