Kirkland & Ellis

Voyager Digital (OTC: VYGVQ) was caught off guard when Binance.US abruptly backed out of a $1 billion deal to purchase its assets, citing an "uncertain regulatory climate" in the U.S. According to Voyager's attorneys, Binance.US had expressed interest in closing the transaction...

Defunct cryptocurrency lending and borrowing platform Celsius is preparing to file a motion to extend the bar date for its account holders, as part of its ongoing bankruptcy proceedings. The bar date, also known as the deadline to file a claim, is currently set for Jan. 3, 2023. However, Celsius is...

Retailer Bed Bath & Beyond (NASDAQ: BBBY) has been one of the bigger stock storylines of 2022. The popular stock that has been labeled among the “meme stocks” saw strong interest after GameStop Corporation (NYSE: GME) Chairman Ryan Cohen accumulated a stake in the company. The...

Lannett Company, Inc. (NYSE: LCI) announced Monday that it has engaged advisors to explore ways to address the company’s debt and capital structure. What Happened Lannett said in a press release it will be working with advisors to analyze ways to increase revenue, reduce costs and manage its...

A huge spike in the Chesapeake Energy Corporation (NYSE: CHK) insurance on senior five-year bond default cost index this week indicates that investors are growing increasingly pessimistic about the company’s ability to avoid default. Shares of the company’s common stock fell 33 percent...

A VirnetX Holding Corporation (NYSE: VHC) lawyer told the federal jury Monday that Apple Inc. (NASDAQ: AAPL) owes $532 million for using the company's patented technology for secure communications. "Apple hasn't played fair. They have taken VirnetX's intellectual property without permission,"...