New York Law Journal | Analysis
By Corinne Ball | February 21, 2024
This article addresses how a Creditor's Committee may sue members of an LLC, despite Delaware law limitations, and how prebankruptcy exercise of proxy rights in reliance on Delaware law are upheld in a subsequent bankruptcy case.
By Jane Wester | February 20, 2024
John Roesser told Judge Analisa Torres that he has "always, always, always loved the law" and regretted the impact of his offense on the court system.
By Dan Roe | February 20, 2024
Kelley Cornish, a member of Paul Weiss' management committee, will join the firm next week.
By Brenda Sapino Jeffreys | February 13, 2024
Sharon Jones, a Haynes and Boone partner in Dallas and the firm's chief diversity, equity and inclusion officer, faces a breach of fiduciary duty cause of action in an adversary action filed in the Chapter 7 of diversity consulting company Jones Diversity.
By Brenda Sapino Jeffreys | February 13, 2024
Sharon Jones, a Haynes and Boone partner in Dallas and the firm's chief diversity, equity and inclusion officer, faces a breach of fiduciary duty cause of action in an adversary action filed in the Chapter 7 of diversity consulting company Jones Diversity.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Brenden S. Dahrouge | February 9, 2024
The now infamous Chapter 11 bankruptcy case of FTX Trading Ltd. (FTX), once a multibillion-dollar cryptocurrency company, has reemerged in a dispute over this very important issue. On appeal, the U.S. Court of Appeals for the Third Circuit recently held that the plain text of Section 1104(c)(2) mandates the appointment of an examiner under the specified conditions set forth.
By Dan Roe | February 7, 2024
The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
The American Lawyer | Analysis
By Dan Roe | February 6, 2024
The crypto lender emerged from Chapter 11 at the end of January, with former customers receiving bitcoin, stock in a bitcoin mining operation and the rights to legal claims against founder Alex Mashinsky.
Daily Business Review | Commentary
By Jay Steinman and Karina Leiter | February 6, 2024
Anticipating the fallout from potentially billions of dollars in distressed loans, lenders must be on high alert. Drawing from lessons learned in the last two historical downturns, where we witnessed unprepared lenders face severe consequences, it is imperative for lenders and financial institutions to act now.
By Alexander Lugo | February 5, 2024
"It has taken some education or orientation by the bankruptcy legal community to see the value of it, but it caught on fast," said Soneet Kapila, president of the American Bankruptcy Institute.
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