NEXT
Sign in to follow

Delaware Business Court Insider

FTX Estate Seeks to Recoup $1.76B From Binance, Plus Exec 'Piggy Bank' Payouts

FTX and its affiliates, represented in the bankruptcy court by Sullivan & Cromwell and Landis, Rath & Cobb, have filed a total of 36 adversary actions since Oct. 28, 25 of which were filed on Nov. 8.
3 minute read

The Legal Intelligencer

Membership Has Its Privileges: Bankruptcy Court Examines LLC's Authority to File Bankruptcy

In this case, the issue was whether the president was authorized to do so. In a recent decision issued on Sept. 30, 2024, the U.S. Bankruptcy Court for the Eastern District of Michigan examined this fundamental question of basic corporate governance and provided guidance to bankruptcy practitioners who may face similar questions in the future.
8 minute read

National Law Journal

US Bankruptcy Filings Rise 16.2% as Interest Rates, Inflation, End of COVID Relief Hit Hard

"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration tries to address them," said Scott A. Underwood, a founding partner at Underwood Murray.
3 minute read

Daily Business Review

US Bankruptcy Filings Rise 16.2% as Interest Rates, Inflation, and End of COVID Relief Hit Hard

"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration tries to address them," Scott A. Underwood, a founding partner at Underwood Murray, said in an interview.
3 minute read

Daily Business Review

Doom Spending Compromises Healthy Financial Futures

I'm seeing more and more doom and gloom in my bankruptcy practice. And I don't mean the usual, often overwhelming, stress of being financially underwater. The doom I'm referring to is the cause of financial problems.
4 minute read

Delaware Business Court Insider

Boy Scouts Bankruptcy Appeal Raises Questions on Mootness, Releases

For those who have already received compensation, a lawyer representing abuse victims said, it's come at a personal cost, as the terms of the effective plan have required them to answer 81-page questionnaires, sit for depositions and ask others to submit affidavits as proof of their scouting involvement.
4 minute read

Delaware Business Court Insider

The 'Next Battleground' in Chapter 11: Third Circuit Set to Weigh Opt-Out Releases

A subset of sexual abuse accusers whose compensation is a key part of the plan and a group of Boy Scout insurers—have spent years challenging third-party releases that were made part of a global settlement.
5 minute read

Delaware Business Court Insider

Following 'Purdue Pharma,' Del. Bankruptcy Court Clarifies Standard Applicable to 'Opt-Out' Releases of Claims Against Nondebtors

The court was careful to confine its ruling to precisely the foregoing, and expressed no opinion on plan releases other than nonconsensual ones. In particular, the court was careful to note, "Nothing in what we have said should be construed to call into question consensual third-party releases offered in connection with a bankruptcy reorganization plan."
8 minute read

Texas Lawyer

'Something Really Bad Happened': J&J's Talc Bankruptcy Vote Under Attack

At a hearing this month, U.S. Bankruptcy Judge Christopher Lopez in Houston said he would schedule a trial in late January or early February to determine whether J&J manipulated its bankruptcy plan's vote.
7 minute read

New Jersey Law Journal

Meet NJ Law Journal's Attorney of the Year Finalists

Please enjoy stories on our three honorees, each of whom are being recognized for their excellent work and outstanding contribution to the practice of law in New Jersey.
1 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

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

Resources

  • The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation

    Brought to you by Erase.com

    Download Now

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now