Law Offices of Gary Martin Hays & Associates
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GA 30308(470) 294-1674
www.garymartinhays.com
New York Law Journal | Analysis
By Corinne Ball | December 22, 2021
The court ruled that the shareholder releases that formed the basis of a settlement that led to the debtor's plan of reorganization exceeded the scope of the bankruptcy court's statutory authority by releasing direct causes of action owned by nonconsenting creditors against non-debtors.
Daily Business Review | Commentary
By Alan R. Rosenberg | December 22, 2021
Dear creditors attorneys: After nearly two years of dealing with Subchapter V of Chapter 11 of the Bankruptcy Code (Subchapter V), I know your spirits are down. It's been a frustrating road for you, and I get it.
By Zack Needles | December 22, 2021
The news and analysis you need to start your day.
Delaware Business Court Insider
By Amanda Bronstad | December 21, 2021
Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
By Amanda Bronstad | December 21, 2021
Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
By Amanda Bronstad | December 21, 2021
Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
New York Law Journal | Analysis
By Edward E. Neiger | December 20, 2021
In this issue of his Bankruptcy Update, Edward E. Neiger focuses on recent successful restructurings of information technology companies Riverbed Technology and GTT Communications.
Delaware Business Court Insider | News
By Avalon Zoppo Michael Marciano | December 19, 2021
Delaware, Connecticut, California, the District of Columbia, Maryland, Oregon, Rhode Island, Vermont, and Washington appealed the controversial bankruptcy court decision that sought to extinguish Connecticut's claims against both Purdue and the non-bankrupt Sackler family. The plan sought to grant lifetime immunity to the Sackler family for civil opioid-related claims.
By Avalon Zoppo | December 17, 2021
"The decision may embolden other judges who have had concerns about non-debtor releases but are typically told, playground style, 'but everyone is doing it,'" said law professor Melissa Jacoby.
By Avalon Zoppo | December 17, 2021
The holding isn't legally binding in other cases but may sway judges who already had reservations about such releases to reject them, or require more work to justify them, one law professor said.
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