By Brenda Sapino Jeffreys | October 25, 2024
Citing 2021 text messages between Jackson Walker attorneys, bankruptcy administrators assert a full evidentiary hearing is needed to determine if the firm failed to make required disclosure.
By Colleen Murphy | October 22, 2024
"The whole reason to be here is to help people, on every level," Trenk said.
By Alexander Lugo | October 18, 2024
Lawyers are now faced with more expensive and time-consuming options for their midmarket clients, after the U.S. Senate failed to pass a bill that would have kept the bankruptcy option's debt limit to $7.5 million.
By Dan Roe | October 16, 2024
Data from Debtwire shows a modest decline in large Chapter 11s filed in Houston since news of the relationship between Judge David R. Jones and former Jackson Walker partner Elizabeth Freeman broke last October.
By Andrew Maloney | October 16, 2024
The two-partner move includes Doug Spelfogel, who was a co-leader in restructuring in Mayer Brown's New York office, and partner Derek Wright in Chicago.
The Legal Intelligencer | News
By Aleeza Furman | October 15, 2024
Judge James Crumlish III ruled that the plaintiff's assertion 'is way too simplistic, ignores the glaring matter of the timing of the decision, and is undercut by the documentary evidence that conflicts with [the plaintiff's] self-serving and unsubstantiated testimony.'
Delaware Business Court Insider | News
By Aleeza Furman | October 15, 2024
The plaintiff claimed he followed Offit Kurman's advice and, under the representation of the two Delaware firms, filed for bankruptcy.
The Legal Intelligencer | News
By Amanda O'Brien | October 14, 2024
Fox Rothchild's Michael Menkowitz, formerly the firm's financial restructuring and bankruptcy chair, has the highest rate among all the attorneys listed on the matter, bringing in $1,160 per hour.
By Amanda Bronstad | October 11, 2024
A bankruptcy judge ruled on Thursday that Johnson & Johnson's third Chapter 11 case to resolve thousands of talcum powder lawsuits would remain in Texas.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | October 11, 2024
The Ninth Circuit reversed the decision of the U.S. Bankruptcy Court for District of Arizona, and in a case of first impression, held where the trustee avoids the portion of a tax lien attributable to penalties, the sale proceeds must be used first to pay in full the unavoided tax lien liability amount rather than allocating the proceeds pro rata.
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