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News and information on bankruptcy and bankruptcy law
By Amy Guthrie | June 1, 2020
Lawyers have shifted gears to offer crisis management and restructuring advice, and some have compensated for the capital markets lull by working with governments rushing to market ahead of anticipated economic pain from the pandemic.
1 minute read
By Jennigay Coetzer | May 29, 2020
Dudu Myeni had been criticised for her role in pulling the airline out of a proposed deal with Emirates airways.
1 minute read
By Amy Guthrie | May 26, 2020
The onset of COVID-19 has brought global aviation to a virtual standstill, forcing the industry to resize and adjust business to a new reality.
1 minute read
By Samantha Stokes | May 22, 2020
Rates for top associates at firms such as Weil, Gotshal & Manges and Kirkland & Ellis are rising just as a new wave of Chapter 11 bankruptcies gather steam. A filing shows J.Crew paid its lawyers at Weil close to $12 million in the 90 days before the company filed for bankruptcy this month.
1 minute read
By Varsha Patel | May 19, 2020
The company that owns Cafe Rouge and other restaurants is the latest in a string of retailers collapsing in the U.K.
1 minute read
By Hannah Roberts | May 18, 2020
The hire will further boost the firm's UK restructuring practice after a major double hire from Sidley in 2018.
1 minute read
By Simon Lock | May 15, 2020
Eversheds Sutherland, Sidley Austin and Addleshaw Goddard are among firms owed money by the low-budget airline.
1 minute read
By Anna Zhang | May 13, 2020
The firm has hired from Hogan Lovells as demand for insolvency expertise rises.
1 minute read
By Hannah Roberts | May 12, 2020
The firm has looked to a U.K. rival to replenish its restructuring ranks following several exits in 2019.
1 minute read
By Hannah Roberts | May 6, 2020
The firm's global head of restructuring discusses his working day during lockdown, featuring rogue pigeons on video calls and his mousse prowess.
1 minute read
By Dan Roe | February 27, 2024
Class-action plaintiffs and an appellate judge are curious about the regulatory and M&A work Sullivan & Cromwell did for FTX before the exchange collapsed.
7 minute read
By Jane Wester | February 23, 2024
The election workers, Ruby Freeman and Shaye Moss, are represented by attorneys at Willkie Farr & Gallagher, Dubose Miller and the nonprofit group United to Protect Democracy.
3 minute read
By John Kane | February 21, 2024
"While the Fifth Circuit's decision put to bed a longstanding question of law, it also gives rise to many others," writes John Kane of Kane Russell Coleman Logan.
6 minute read
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.
12 minute read
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.
3 minute read
By Dan Roe | February 20, 2024
Kelley Cornish, a member of Paul Weiss' management committee, will join the firm next week.
3 minute read
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.
3 minute read
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.
3 minute read
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.
7 minute read
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.
5 minute read
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Columbia Law School seeks an experienced lawyer with a background in criminal defense and a strong interest in community lawyering and clini...
WittKieffer is proud to partner with Mom's Meals in the search for their Director of Legal Affairs. Mom's Meals is an investor-owned compan...
Nutley Law firm concentrating in plaintiff's personal injury for plaintiff seeks an Attorney with three or more years of experience in New J...
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