By Victoria Hudgins | March 8, 2019
Stretto has acquired bankruptcy practice workflow and data platform CINgroup in a bid to offer comprehensive end-to-end bankruptcy services.
Delaware Business Court Insider | News
By Amanda Bronstad | March 7, 2019
Many of the committee's members, including plaintiffs' attorneys Mark Lanier and Ted Meadows, brought the largest number of nearly 15,000 talcum powder lawsuits against talc supplier Imerys and Johnson & Johnson.
By Kristen Rasmussen | March 6, 2019
Because Imerys Talc America Inc., the supplier of talc for Johnson & Johnson Services Inc.'s baby powder, is likely to use a bankruptcy procedure whereby litigants' claims that talc caused cancer are satisfied through trust assets set up during the process, the company and its legal department will likely operate normally, bankruptcy experts told Corporate Counsel.
By Kristen Rasmussen | March 6, 2019
Because Imerys Talc America Inc., the supplier of talc for Johnson & Johnson Services Inc.'s baby powder, is likely to use a bankruptcy procedure whereby litigants' claims that talc caused cancer are satisfied through trust assets set up during the process, the company and its legal department will likely operate normally, bankruptcy experts told Corporate Counsel.
By Roy Strom | March 6, 2019
The judge said 50 Cent still has a long road in front of him to win a malpractice claim against Reed Smith.
By Roy Strom | March 6, 2019
The judge said 50 Cent still has a long road in front of him to win a malpractice claim against Reed Smith.
By Lidia Dinkova | March 4, 2019
A London-based real estate and leisure investment company is offering more than $8 million above the stalking-horse bid in bankruptcy court.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | March 4, 2019
As we have noted before, one of the advantages of a bankruptcy filing is bringing most claims held by or against the debtor into one forum—the bankruptcy court—to be resolved as part of administration of the bankruptcy case.
New York Law Journal | Analysis
By Carlos J. Cuevas | March 1, 2019
In 'Aurelius Investment v. Commonwealth of Puerto Rico', the U.S. Court of Appeals for the First Circuit held that the appointment of the members of the FOMB violated the Appointments Clause of the U.S. Constitution. The Board Members are officers of the United States, and therefore they are subject to Senate confirmation. However, the court refused to dismiss the Puerto Rico bankruptcy case.
New York Law Journal | Analysis
By Corinne Ball | February 27, 2019
In her Distress Mergers and Acquisitions column, Corinne Ball discusses the decision in 'Ultra Petroleum', in which the U.S. Court of Appeals for the Fifth Circuit held that contractual make-whole damages claims arising out of a bankruptcy filing should be characterized as claims for “unmatured interest” within the meaning of §502(b)(2) of the Bankruptcy Code and therefore disallowed.
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