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New York Law Journal

Rudy Giuliani May Dodge Testifying About His Finances in Bankruptcy Case

Attorneys for Giuliani and others on Wednesday informed U.S. Bankruptcy Judge Sean Lane of the Southern District of New York that the parties had "conferred and reached an agreement" to settle outstanding costs and officially dismiss the proceeding.
2 minute read

The American Lawyer

FTX Customers Double Down on Claims Against Sullivan & Cromwell

A Monday court filing opposing Sullivan & Cromwell's motion to dismiss reiterated claims that the law firm aided the fraud at FTX.
3 minute read

The Legal Intelligencer

Supreme Court Rejects Refunds for Excessive US Trustee Fees

In a recent decision, the U.S. Supreme Court addressed the appropriate remedy for the prior discriminatory application of U.S. Trustee quarterly fees in Chapter 11 cases.
8 minute read

New York Law Journal

Bankruptcy Judge Says He May 'Reconsider' Dismissal of Rudy Giuliani's Bankruptcy

U.S. Bankruptcy Judge Sean Lane ordered Giuliani's Chapter 11 proceeding dismissed earlier this month, but said in an order on Thursday he has been unable to officially enter a judgment in the case due to Giuliani's claims he cannot pay the associated administrative fees.
2 minute read

Law.com

'It Was a Very Long Battle': Why Talc Victims Could Vote for J&J's Third Bankruptcy

Beasley Allen's Andy Birchfield, whose firm has led opposition to another talc bankruptcy, acknowledged to Law.com: "I would be really surprised if J&J were to lose this vote."
7 minute read

Daily Business Review

Federal Court Dismisses Gateway Pundits' Bankruptcy Case, Citing Bad Faith Filing

James Hoft started doing business in Florida without a business license for three years and registered in Florida just a week before filing for bankruptcy.
3 minute read

International Edition

Latin America Deal Digest: Summer of Restructurings

Delaware firms and Dechert fight for fees in Chilean telecom bankruptcy; Baker McKenzie secures win for Colombian nonbank financial institution; and Skadden guides Mexican movie theater chain through debt refinancing. 
4 minute read

The American Lawyer

Federal Bankruptcy Judge's 'Vilifying' Novels Raise Questions Over Impartiality

Judge Stacey Jernigan claims the "bombastic" hedge fund managers in her books are pure fiction, but ethics experts argue they violate her responsibility to appear impartial.
7 minute read

Law.com

Appellate Courts Skeptical About Bankruptcy Court Sanctions

Recent appellate decisions reflect a distaste for appeals from bankruptcy court sanction orders. A split Fourth Circuit even refused to hear such an appeal. Other courts tend to limit sanctions or, alternatively, accept a bankruptcy judge's findings under a stringent "abuse of discretion" standard.
12 minute read

New Jersey Law Journal

Judge: Beasley Allen Should Not Be Disqualified From Talc Leadership

Atlantic County Superior Court Judge John Porto concluded on Friday that J&J hadn't provided evidence that its former attorney had shared confidential information with Beasley Allen.
6 minute read

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