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The Legal Intelligencer

Pre-petition Payment of Insurance Proceeds Triggers Preference Recovery

In upholding the bankruptcy court's determination that the payment of insurance proceeds could be such a transfer, the Fifth Circuit underscored the complex interplay between state law, bankruptcy law and the rights of creditors in bankruptcy proceedings.
7 minute read

The American Lawyer

Kirkland & Ellis, Jackson Walker Continue Debtor-Side Dominance in Strong Q3 for Big Bankruptcy

Big Law bankruptcy practices are closing in on their best year since 2020.
3 minute read

Delaware Business Court Insider

Bankruptcy Judge Allows FTX to Bundle Objections to Claims

Judge John T. Dorsey approved the FTX debtors' motion to deviate from rules typically used in bankruptcy proceedings.
4 minute read

Connecticut Law Tribune

Sandy Hook Plaintiffs Overcome Hurdle to Recover Judgment From Alex Jones, But Is It Enough?

"The size of the judgment reflects how reprehensible the conduct was," Nicholas Koffroth said, "but is unlikely to represent what is going to be the ultimate recovery."
3 minute read

The Legal Intelligencer

Ballard Adds Strength to Bankruptcy Department With 2 Greenberg Traurig Attorneys

Diane Vuocolo and Kevin Ray have been working together for several decades.
4 minute read

The American Lawyer

One of Big Law's Busiest Bankruptcy Judges Is Gone. Now What?

Major cases, millions in legal fees and Houston's status as a premier destination for corporate restructuring are all at stake in the fallout of Judge David Jones' resignation.
5 minute read

Law.com

After $18.8M Talc Verdict, Asbestos Attorney Asks for Trial Against Georgia-Pacific

Clay Thompson plans to ask a bankruptcy judge on Thursday to lift the automatic stay in Bestwall's Chapter 11 case so that his client can have a trial against Georgia-Pacific.
4 minute read

The American Lawyer

Quinn Emanuel Fights to Depose Foley & Lardner CEO in $2M Dispute Over LeClairRyan Fees

The firms are at odds because Quinn Emanuel partners Erika Morabito and Brittany Nelson began the contingency-based representation of LeClairRyan's bankruptcy trustee as partners at Foley & Lardner.
4 minute read

Corporate Counsel

Rite Aid Makes Peace With Drug Supplier, One Day After Lambasting It in Lawsuit

Because many Rite Aid stores are in communities without other pharmacies, Rite Aid had argued that canceling the pact would "put millions of lives at risk."
2 minute read

International Edition

Sidley Austin, Maples Land Roles In Country Garden's $17B Offshore Debt Restructuring 

The distressed Chinese private property developer has been battling about $190 billion in total liabilities, coupled with nearly $11 billion in offshore debt and $6 billion in offshore loans.
2 minute read

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