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New Jersey Law Journal

Sanctions Imposed on Attorney and Client for 'Bad Faith' Filing in Bankruptcy Court

"No question, Mr. King filed his case in bad faith," the bankruptcy judge said. "It was for an invalid purpose and continued the scheme to harass, delay, and needlessly increase the cost of litigation to Ms. Henriquez, as well as delayed the state court remedies of Ms. Henriquez."
5 minute read

The Legal Intelligencer

BSA Plan Triggers Denial of Abuse Claims in Rockville Center Diocese Chapter 11

Chapter 11 cases involving mass tort and complex personal injury claims often require the resolution of novel legal issues that stretch the bounds of existing precedent. As these cases evolve, they can also impact claims against other debtors unrelated to the case at hand through court-approved injunctions, releases or settlements.
6 minute read

Law.com

'It Truly Isn't Perfect': Questions Surface Over 3M's $12.5B PFAS Settlement

Three New York towns filed an objection this week to the 3M settlement, which resolves cases over perfluoralkyl and polyfluoralkyl substances, or PFAS, and attorneys general from 14 states, including New Jersey and Texas, plan to respond this Monday with their concerns.
5 minute read

New York Law Journal

FTX Sues Bankman-Fried and Ex-Executives in Bid to Recoup Alleged Fraudulent Transfers

The adversary proceeding in Delaware bankruptcy court accused the founder and others of "abus[ing] their control over the FTX Group to commit one of the largest financial frauds in history."
3 minute read

Law.com

Should This Judge Recuse?/Long-Pending Appellate Nominee Confirmed

Bankruptcy Judge faces recusal motion due to her novel that allegedly mirrors -- and disparages -- the litigants.
8 minute read

The American Lawyer

20 State AGs Ask Fourth Circuit to Kill Jones Day's Texas Two-Step Tactic

Asbestos victims suing Georgia-Pacific are opposing a preliminary injunction that halted their lawsuits against Koch Industries.
3 minute read

The Recorder

Could the $18.8M Talc Verdict Threaten J&J's Bankruptcy Plan?

Some legal experts say Tuesday's verdict could make it harder for Johnson & Johnson to finalize its proposed $8.9 billion settlement in the Chapter 11 talc case.
5 minute read

Connecticut Law Tribune

New Ruling Sheds Light on Homestead Protections

"It's giving debtors the ability to basically protect their homes," Jenna N. Sternberg said. "This long-awaited, increased homestead protection will allow a safe haven for many Connecticut residents looking for the fresh start that bankruptcy is meant to provide."
4 minute read

Daily Business Review

Ex-Florida Lawyer to Take $650K Loss Over Stolen Attorney Fees

The Florida Supreme Court disbarred the attorney and several others, including a Broward Circuit Court judge, stemming from their role in the stolen legal fees.
3 minute read

Texas Lawyer

Judge Sues Insurers for Alleged Bad Faith in Boys Scouts Sex Abuse Cases

The opposing insurance companies sought relief from the U.S. Court of Appeals for the Third Circuit, but in April the appeals court denied a request by the plan's opponents to issue a stay while they appeal the federal court's approval of the plan. That appeal remains pending.
5 minute read

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