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Law.com

Did Johnson & Johnson's Proposed $8B Talc Bankruptcy Plan Just Jump to $9.1B?

More than a decade after taking on Johnson & Johnson with the first trial linking baby powder to ovarian cancer, attorney Allen Smith on Wednesday signed off on a proposed bankruptcy plan after negotiating for an additional $1 billion.
4 minute read

New York Law Journal

Restructuring Partners In-Demand Amid Uptick in Commercial Chapter 11 Filings

The past month saw numerous partner moves as law firms jockey for talent in the busy practice area.
3 minute read

International Edition

A&O Shearman Hires Ashurst's Head of Restructuring for Italy 

Paolo Manganelli previously was a partner at Paul Hastings, and earlier in his career managed the insolvency litigation for fraud-hit Parmalat when he was deputy head of litigation at the dairy and food company. 
3 minute read

Texas Lawyer

Subsection V—A Missed Opportunity to Fix Chapter 11 Bankruptcy

"Bankruptcy practitioners have long recognized that traditional Chapter 11 reorganizations are too complicated, too lengthy and too expensive for any but the largest businesses," writes Michael Napoli of Akerman.
5 minute read

International Edition

Linklaters Hires White & Case Partner in Germany

The firm's Hamburg office has strengthened its insolvency and restructuring expertise.
2 minute read

Delaware Business Court Insider

In Wake of 'Purdue Pharma,' Del. Bankruptcy Court Clarifies That Preliminary Injunctions of Claims Against Nondebtors Remain Permissible

In the wake of the U.S. Supreme Court's landmark decision this June in Harrington v. Purdue Pharma, the U.S. Bankruptcy Court for the District of Delaware recently addressed a question left open by the Supreme Court—whether a bankruptcy court may still issue a preliminary (i.e., temporary) injunction of a creditor's claims against a nondebtor.
7 minute read

Litigation Daily

How Kirkland Litigators and Restructuring Lawyers Partner on Bankruptcy Work

Kirkland & Ellis litigator Mark McKane and his restructuring partner Aparna Yenamandra discuss their recent work on behalf of retail pharmacy Rite Aid, which is poised to emerge from bankruptcy.
5 minute read

International Edition

Kirkland Builds German Restructuring Practice with Gleiss Lutz Duo

Earlier this year, the pair acted on the restructuring of one of Germany's largest private care providers.
2 minute read

The American Lawyer

Gibson Dunn Restructuring Partner Exits for Latham After 16 Months

Joe Zujkowski previously co-chaired O'Melveny's restructuring practice before joining Gibson Dunn last year.
2 minute read

National Law Journal

9th Circuit Judge Highlights Circuit Split on Federal Preemption Question in Bankruptcy

Judge Milan Smith Jr. noted a disagreement between circuit courts on whether state claims arising in a bankruptcy proceeding must be lodged in federal court.
4 minute read

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