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News and information on bankruptcy and bankruptcy law
By Adolfo Pesquera | February 27, 2024
A former CEO alleges Jackson Walker and Kirkland knew of a judge's relationship with a partner "and used it to profit" by bringing tens of millions of dollars through the "Jones'-Freeman conduit."
5 minute read
By Andrew C. Kassner and Joseph N. Argentina Jr. | February 27, 2024
Continuing our series on distressed real estate cases, we again decided to report on two cases that present different issues. One involves the debtor's sale of real estate over the objection of the secured lender, which was approved. The other involves a debtor's attempt to enjoin a construction bond company from continuing to pay claims by subcontractors after the filing of the bankruptcy case, which was denied.
10 minute read
By Dan Roe | February 27, 2024
Class-action plaintiffs and an appellate judge are curious about the regulatory and M&A work Sullivan & Cromwell did for FTX before the exchange collapsed.
7 minute read
By Jane Wester | February 23, 2024
The election workers, Ruby Freeman and Shaye Moss, are represented by attorneys at Willkie Farr & Gallagher, Dubose Miller and the nonprofit group United to Protect Democracy.
3 minute read
By John Kane | February 21, 2024
"While the Fifth Circuit's decision put to bed a longstanding question of law, it also gives rise to many others," writes John Kane of Kane Russell Coleman Logan.
6 minute read
By Corinne Ball | February 21, 2024
This article addresses how a Creditor's Committee may sue members of an LLC, despite Delaware law limitations, and how prebankruptcy exercise of proxy rights in reliance on Delaware law are upheld in a subsequent bankruptcy case.
12 minute read
By Jane Wester | February 20, 2024
John Roesser told Judge Analisa Torres that he has "always, always, always loved the law" and regretted the impact of his offense on the court system.
3 minute read
By Dan Roe | February 20, 2024
Kelley Cornish, a member of Paul Weiss' management committee, will join the firm next week.
3 minute read
By Brenda Sapino Jeffreys | February 13, 2024
Sharon Jones, a Haynes and Boone partner in Dallas and the firm's chief diversity, equity and inclusion officer, faces a breach of fiduciary duty cause of action in an adversary action filed in the Chapter 7 of diversity consulting company Jones Diversity.
3 minute read
By Brenda Sapino Jeffreys | February 13, 2024
Sharon Jones, a Haynes and Boone partner in Dallas and the firm's chief diversity, equity and inclusion officer, faces a breach of fiduciary duty cause of action in an adversary action filed in the Chapter 7 of diversity consulting company Jones Diversity.
3 minute read
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