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International Edition

Skadden Triumphs in Landmark Supreme Court Insolvency Case

The judgment has brought clarity and relief to company directors across the UK.
3 minute read

Daily Business Review

Increase in Abandoned Projects Presents Cautionary Tale for Real Estate Attorneys

"It exposed a real problem that's frankly unfair for borrowers who are in good faith wanting to finish a project, and builders who don't," said Joseph Pack of Pack Law in Miami.
5 minute read

Delaware Law Weekly

Bankruptcy Trustee Moves for Debevoise Disqualification in Delaware

Personal care wholesaler High Ridge Brands is seeking to disqualify Debevoise & Plimpton as opposing counsel in a bankruptcy case, alleging at least nine Debevoise attorneys worked with High Ridge on the same 2017 transaction that ultimately resulted in the suit.
2 minute read

Corporate Counsel

State AGs Object to 'Secret,' 'Excessive' Bonuses for Endo's Legal Chief, Other Execs

Seven attorneys general and a bankruptcy trustee say Endo pre-paid bonuses to "escape accountability and enrich its executives" before filing for Chapter 11. The company faces thousands of suits related to the opioid crisis.
4 minute read

New York Law Journal

Search Logic (If Any) Under the UCC

What exactly is "search logic"? And, even more importantly, what does it mean if a particular jurisdiction does not have any?
9 minute read

The American Lawyer

As 'Crypto Winter' Drives Insolvency and Fraud, Lawyers Find New Ways of Tracking Decentralized Assets

The fall of cryptocurrency prices over the course of 2022 has already pushed major industry players to bankruptcy. Litigation funders are already buying claims and helping practitioners fund actions against fraudsters.
5 minute read

Texas Lawyer

BakerHostetler Accused of Fraud, Conspiracy in Alliance Health Collapse

"For more than two years, Baker helped a series of corporate executives carry out blatant insurance fraud." - Liquidating Trustee of the Alliance Health Liquidating Trust.
4 minute read

International Edition

Linklaters Adds A&O Asia Pacific Restructuring Co-Head

Allen & Overy's Asia Pacific restructuring practice co-head has joined Linklaters and says he expects to see a barrage of restructuring work now and an increase in complex restructurings in the longer term.
5 minute read

New York Law Journal

Stipulations and Insurance Assignments Offer Policyholders and Claimants Relief From Bankruptcy Delays

Stipulated judgments coupled with assignments of insurance rights can shorten the bankruptcy process and offer policyholders and underlying claimants relief from the burdensome and time-consuming process of litigating underlying liability.
6 minute read

The Legal Intelligencer

NJ Bankruptcy Court: Chapter 13 Debtor Lacks Standing to Bring Avoidance Action

Because the debtor's objective was solely to recover title to the property in order to preserve her homestead exemption, and because the relief the debtor sought was not limited to the value of her exemption, the Nealy court held that the debtor could not pursue her requested relief.
7 minute read

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

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