Tag Archives: Business Law

“Chapter 22” Turbulence: Spirit Airlines Refiles for Bankruptcy Just Months After Exiting Chapter 11

Hannah Senecal – A Rapid Reentry Into Bankruptcy On August 29, 2025, Spirit Airlines (“Spirit”) filed for Chapter 11 bankruptcy in the Southern District of New York just five months after emerging from its previous restructuring. This increasingly common trend, called “Chapter 22,” refers to companies that file for Chapter 11 twice. Spirit’s swift return to bankruptcy raises […]

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The King of Compensation: How this University of Miami Quarterback is Monetizing his Brand, Image, and Likeness Post NCAA v. Alston

Lizzy Castano – Earlier this year, University of Miami quarterback D’Eriq King became the first collegiate athlete to sign a name, image, and likeness (NIL) agreement with a professional sports team after making a deal with the Florida Panthers. King is one of many collegiate athletes monetizing their personal brand since the Supreme Court unanimously held that the […]

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