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Daily Business Review

Student Loan Debt Holders Finding Relief

Thanks to a Federal Education Department and Department of Justice collaborative initiative launched in November 2022, borrowers can more easily discharge their student loans through bankruptcy. I've advocated for this simple fix for years, and I'm glad to see it in action, finally.
4 minute read

Delaware Business Court Insider

Del. Bankruptcy Court Decision Serves as Warning of Consequences of Violating the Automatic Stay

A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the automatic stay of Section 362 of the Bankruptcy Code, even if the debtor does not suffer any actual damages as a result of the violation.
6 minute read

The American Lawyer

O'Melveny Expands Bankruptcy Practice as Economic Uncertainty Drives Restructuring Demand

The bankruptcy practice is poised to exceed the highs of 2020 due to a confluence of factors, recently hired O'Melveny partner Julian Gurule said.
3 minute read

Texas Lawyer

Jackson Walker, Kirkland Added as Defendants in Suit Against a Former Houston Bankruptcy Judge

A Texas man who sued former U.S. Bankruptcy Judge David Jones, alleging violation of his constitutional rights, has added Jackson Walker, Kirkland & Ellis and former Jackson Walker partner Elizabeth Freeman in a suit connected to an undisclosed romantic relationship between Jones and Freeman.
3 minute read

Daily Business Review

Miami Judge Awards $3.1M in Precedent-Setting Nutraceutical Trademark Action

"If it's not in the license agreement, you do not have rights of exhaustion after the license agreement is terminated," said Kirk Villalon, a partner at Quintana Portal Villalon.
4 minute read

Law.com

2024 Could Make or Break 'Creative' Mass Tort Bankruptcies: The Morning Minute

The news and analysis you need to start your day.
4 minute read

Law.com

2024 Could Make or Break 'Creative' Mass Tort Bankruptcies

Although advocates for these bankruptcy strategies say they can be more efficient routes to payouts for claimants, some attorneys say judges are likely to shut down these more novel uses of the bankruptcy code.
7 minute read

Law.com

Virginia Appellate Court Split Over Legal-Malpractice Suit, Attorney's Continued Representation as Special Counsel in Chapter 7 Liquidation

"Conway ignored their ethical and contractual obligation to Smith, which is a basis of Smith's legal malpractice claim. It was improper for the trial court to resolve this issue in favor of Conway on summary judgment by finding that there was an implied contract for the Chapter 7 representation," Virginia Court of Appeals Judge Doris Henderson Causey wrote in a dissenting opinion.
5 minute read

The Legal Intelligencer

Buchanan Taps Real Estate and Bankruptcy Chair as Next CEO

Pittsburgh-based shareholder James Newell will take over from Philadelphia-based Joe Dougherty in May.
2 minute read

International Edition

Bowmans Lures Team of 6 From Johannesburg Competitor

The team acts for major financial institutions, liquidators, business rescue practitioners and corporate entities.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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