By Michael L. Cook | October 31, 2023
The Eighth Circuit's decision in Simply Essentials has practical significance for Chapter 11 debtor in possession (DIP) lenders. U.S. Trustees and unsecured creditors regularly object to the granting of liens on avoidance actions, but this and other appellate rulings should now eliminate the purported legal obstacle.
The Legal Intelligencer | News
By Amanda O'Brien | October 27, 2023
The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
By Ross Todd | October 27, 2023
Lawyers for families of those killed in the 2012 school shooting won rulings finding that litigation debts Jones accrued through "willful and malicious injury" to their clients cannot be discharged through bankruptcy.
By Dan Packel | October 26, 2023
The resolution grants Foley & Lardner $2.2 million in fees that have already been approved. But the firm had sought another $4.1 million.
By Michael A. Mora | October 26, 2023
"We've had an explosion in our pipeline of work that started in Q1 of this year," said AnnElyse S. Gains, an Am Law 10 firm partner.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Brenden S. Dahrouge | October 26, 2023
In upholding the bankruptcy court's determination that the payment of insurance proceeds could be such a transfer, the Fifth Circuit underscored the complex interplay between state law, bankruptcy law and the rights of creditors in bankruptcy proceedings.
By Dan Roe | October 25, 2023
Big Law bankruptcy practices are closing in on their best year since 2020.
Delaware Business Court Insider | News
By Ellen Bardash | October 24, 2023
Judge John T. Dorsey approved the FTX debtors' motion to deviate from rules typically used in bankruptcy proceedings.
Connecticut Law Tribune | News
By Emily Cousins | October 23, 2023
"The size of the judgment reflects how reprehensible the conduct was," Nicholas Koffroth said, "but is unlikely to represent what is going to be the ultimate recovery."
The Legal Intelligencer | News
By Amanda O'Brien | October 20, 2023
Diane Vuocolo and Kevin Ray have been working together for several decades.
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COLE SCHOTZ P.C.LEGAL PRACTICE ASSISTANT- NEW JERSEY OFFICE: Prominent mid-Atlantic law firm with multiple regional office locations seeks ...