By Ross Todd | September 13, 2019
PG&E and insurers announced the proposed settlement of claims arising from the 2017 Northern California wildfires and 2018 Camp Fire on Friday morning. The deal requires sign-off from the federal bankruptcy judge overseeing PG&E's Chapter 11 reorganization.
By Ross Todd | September 13, 2019
PG&E and insurers announced the proposed settlement of claims arising from the 2017 Northern California wildfires and 2018 Camp Fire on Friday morning. The deal requires sign-off from the federal bankruptcy judge overseeing PG&E's Chapter 11 reorganization.
By David Thomas | September 13, 2019
The trustee for a former firm client says an arbitrator should have recused himself after O'Melveny refused to hire the arbitrator's son as a summer associate.
By David Thomas | September 13, 2019
The trustee for a former firm client says an arbitrator should have recused himself after O'Melveny refused to hire the arbitrator's son as a summer associate.
By Samantha Stokes | September 12, 2019
Cristine Pirro Schwarzman, daughter of Fox News host Jeanine Pirro, has also practiced at Weil Gotshal & Manges.
By Jack Newsham | September 12, 2019
While Jeffrey Liddle prevailed this month in a dispute with a law firm lender, several other disputes remain in his bankruptcy case. His law firm continues to function, generating about $2 million in revenue last year.
The Legal Intelligencer | Commentary
By Francis J. Lawall and John Henry Schanne II | September 12, 2019
Equal treatment of claims in the same class within a plan of reorganization is an important creditor protection in Chapter 11. However, is it possible to provide certain benefits to some creditors within a single class and not others without running afoul of the Bankruptcy Code?
By Samantha Joseph | September 10, 2019
"Only reversal and remand in this case will restore that appearance," U.S. District Judge Federico Moreno wrote in setting aside a ruling by U.S. Bankruptcy Judge John Olson in a long-running case.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | September 5, 2019
Sales of substantially all of a debtor's assets are commonplace in corporate Chapter 11 bankruptcies. In many cases, the proposed sale is the primary reason the case is filed. The sale is supervised and approved by the Bankruptcy Court.
By Patrick P. Dinardo, Amy A. Zuccarello and Nathaniel R.B. Koslof | September 4, 2019
The First Circuit missed an opportunity to provide bondholders with much-needed certainty concerning their ability to enforce an issuer's obligation to pay from special revenues pledged to secure their bonds in the event of a municipality's insolvency proceeding without first obtaining relief from the automatic stay.
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