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Texas Lawyer

Quinn Emanuel Helps Get 70% for Unsecured Creditors in Bankruptcy Fight

The secured creditors' arguments would render the main point of the plan, and the last three years of litigation, meaningless, U.S. Bankruptcy Judge Marvin Isgur said.
5 minute read

The American Lawyer

Kirkland & Ellis to Lead Trucking Firm Yellow Through Chapter 11

The company, with $1.5 billion in outstanding debt, is among several high-profile debtor representations for Kirkland this year.
2 minute read

The American Lawyer

As More Partners Leave, Stroock Votes to End Pension Obligation

A five-partner restructuring team is the latest to leave Stroock for Morgan Lewis. Meanwhile, the New York firm said it has secured the votes needed to end its pension obligation, removing an obstacle for a merger.
3 minute read

The American Lawyer

Countercyclical Work Elevates Most of Legal Industry in Q2

Overall demand at midsize firms was up 3.7%, while Am Law 100 (0.3%) and Second Hundred (0.2%) firms are still below 1%.
4 minute read

International Edition

Wilko Enlists Legal Advisers as it Faces Collapse

The British discount retailer filed a notice of its intention to appoint administrators on Thursday.
2 minute read

The American Lawyer

Kirkland & Ellis, Jackson Walker Dominate Debtor-Side Bankruptcy as Restructuring Market Heats Up

Corporate filings are rebounding after two slow years, with Kirkland and its Texas-based dance partner leading the way.
3 minute read

National Law Journal

ETL Keith Givens Visionary Award Winner Jennifer Selendy on Innovative Law Firm Leadership

"It's a high priority for me to invite open exchange, to encourage even the youngest members of our team to see that they can contribute right away if they really engage and roll up their sleeves and weave themselves into the fabric of the case in the firm," Selendy says.
7 minute read

Daily Business Review

Bankruptcy Filings Rise 10% and Local Courts Are Feeling the Pinch

Attorney Glenn Moses attributes the uptick to "...a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing."
3 minute read

Law.com

Judge Dismisses Johnson & Johnson's Second Talc Bankruptcy Case

U.S. Bankruptcy Chief Judge Michael Kaplan of the District of New Jersey dismissed the Johnson & Johnson subsidiary LTL Management's second Chapter 11 case due to "LTL's lack of imminent and immediate financial distress."
4 minute read

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

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