NEXT
Sign in to follow

Law.com

Innocent Business Partner's Fraud Liability Survives Bankruptcy

The decision by the Supreme Court has practical significance for corporate officers and others in an agency or partnership relationship, and also may have serious consequences for corporate Chapter 11 debtors whenever a "domestic governmental unit" is a creditor.
8 minute read

Law.com

Talc Bankruptcy Judge Grants Partial Stay, Has 'More Questions Than Answers'

U.S. Bankruptcy Chief Judge Michael Kaplan on Thursday limited his preliminary injunction order to 60 days and allowed discovery to move ahead in pending talc cases against Johnson & Johnson.
6 minute read

Law.com

Hearing Begins Over Dismissal of 3M Earplug Bankruptcy. 'There Was No Fire.'

A hearing set to last at least two days began Wednesday in Indianapolis to determine whether a bankruptcy judge should dismiss the Chapter 11 case of 3M subsidiary Aearo Technologies, designed to resolve 235,000 lawsuits over combat earplugs.
4 minute read

National Law Journal

As 3M Judge Weighs Playing the Bankruptcy Card, Plaintiffs Lawyers Grapple With Rising Use of Strategy

As bankruptcy and the Texas Two-Step are being used as litigation strategy in MDLs, court watchers are wondering how viable this avenue will be in the long run. One judge is hearing arguments on it April 19.
4 minute read

Law.com

'This Bankruptcy Is Unconscionable': Judge Hears All-Day Arguments About Talc Bankruptcy's Stay

On Tuesday, U.S. Bankruptcy Chief Judge Michael Kaplan heard more than eight hours of arguments on whether the automatic stay in this month's talcum powder bankruptcy filing should halt trials against Johnson & Johnson.
4 minute read

Delaware Law Weekly

Bankruptcy Trust Reaches $175M Settlement With Insys Board of Directors

The trust alleged the board of directors failed in their oversight of Insys executives, who engaged in off-label marketing of its fentanyl spray, called Subsys, and paid bribes and kickbacks to doctors.
4 minute read

Daily Business Review

These Attorneys Left Big Law to Chase 'Ocean' of Mid-Market Activity, and It's Paying Off

"It's the rare sort of blue ocean, where I don't really know if we have a great clear competitor," said SMB Law Group founding partner Sam Rosati. "It's a really good opportunity."
5 minute read

The Recorder

Edelson, Erika Girardi Say New Bankruptcy Settlement Lets Girardi Keese Lender 'Off the Hook'

Bankruptcy trustees in the Chapter 7 cases of Tom Girardi and his law firm, Girardi Keese, plan to seek approval on Tuesday of a new settlement with one of his largest lenders, California Attorney Lending II.
5 minute read

International Edition

Is the Ince Collapse a Harbinger of Things to Come?

The UK firm may have had a unique set of problems but it is not the only one to have experienced hardships, the London Lawyer Briefing explains.
4 minute read

The Legal Intelligencer

Bankruptcy Court Rules Limited Partnership Agreement Is Not an Executory Contract

Certain types of agreements, such as real estate leases, clearly are executory contracts subject to assumption or rejection in bankruptcy cases. But what about the partnership agreement itself, or an option to purchase, or a right of first refusal contained in a partnership agreement?
9 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

  • Why Embracing Change Is Essential for Your Legal Department

    Brought to you by DiliTrust

    Download Now

  • International Export and Trade Assistance State Law Survey

    Brought to you by LexisNexis®

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now

  • 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