Randi Love
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randilove.bsky.social
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
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...
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...
news.bloomberglaw.com
April 17, 2025 at 4:11 PM
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/...
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...
news.bloomberglaw.com
March 27, 2025 at 7:33 PM
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...
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.
news.bloomberglaw.com
March 26, 2025 at 6:49 PM
Reposted by Randi Love
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...
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...
news.bloomberglaw.com
February 12, 2025 at 3:41 PM
Reposted by Randi Love
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...
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 ...
news.bloomberglaw.com
February 12, 2025 at 3:46 PM
Reposted by Randi Love
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.
February 12, 2025 at 5:31 PM
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...
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.
news.bloomberglaw.com
February 12, 2025 at 7:07 PM
Reposted by Randi Love
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.
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.
news.bloomberglaw.com
February 10, 2025 at 6:37 PM
Reposted by Randi Love
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/...
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.
news.bloomberglaw.com
February 11, 2025 at 3:23 PM
Reposted by Randi Love
that’s right.
Fabulous 🇺🇸💥
February 10, 2025 at 2:15 AM
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...
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...
news.bloomberglaw.com
February 5, 2025 at 10:41 PM
Reposted by Randi Love
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.
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...
news.bloomberglaw.com
February 4, 2025 at 1:56 PM
Reposted by Randi Love
A federal judge in Maryland has blocked President Trump’s move to restrict automatic birthright citizenship, handing Trump another legal setback.
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...
news.bloomberglaw.com
February 5, 2025 at 4:35 PM
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...
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...
news.bloomberglaw.com
February 5, 2025 at 4:40 PM
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...
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...
news.bloomberglaw.com
February 3, 2025 at 2:26 PM
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...
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.
news.bloomberglaw.com
January 29, 2025 at 6:21 PM
Reposted by Randi Love
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.
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.
news.bloomberglaw.com
January 14, 2025 at 2:47 PM
Reposted by Randi Love
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.
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.
news.bloombergtax.com
January 14, 2025 at 2:52 PM
My city is in flames, and that hurts to watch.
January 10, 2025 at 8:17 PM
Reposted by Randi Love
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...
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...
news.bloomberglaw.com
January 10, 2025 at 2:42 PM
Natural disasters are not the time to have a paywall up, y'all...
January 8, 2025 at 8:29 PM
Reposted by Randi Love
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...
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...
news.bloomberglaw.com
January 7, 2025 at 3:20 PM
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...
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.
news.bloomberglaw.com
January 8, 2025 at 7:19 PM
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...
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...
news.bloomberglaw.com
December 6, 2024 at 7:03 PM