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Connecticut Law Tribune

AG Tong: Connecticut to Get $95 Million Settlement From Purdue Pharma

The Sacklers issued a statement that said "the families have acted lawfully in all respects."
4 minute read

The Recorder

Lenders Lash Out Over Girardi Keese Trustee's 'Baseless Fishing Attempt'

Three lenders filed objections to Girardi Keese trustee Elissa Miller's request to expand the role of special counsel Larry Gabriel to investigate whether the firm's lenders knew about Tom Girardi's fraud.
5 minute read

New Jersey Law Journal

Avoiding Avoidance Actions in Bankruptcy

A top-level summary of the legal standards for recovering on avoidance actions, and the defenses and strategies available to parties who are the targets of such litigation.
9 minute read

Daily Business Review

Leading the Way: Three-Time Managing Partner Corali Lopez-Castro on Why Everyone Should Try Firm Leadership

Our weekly firm leadership Q&A series features Kozyak Tropin & Throckmorton managing partner Corali Lopez-Castro.
8 minute read

The Legal Intelligencer

Preference Payments Made Per Historical Practice Still Not Ordinary

Certain sectors and businesses undoubtedly will experience distress, and doing business with distressed customers always brings the risk of nonpayment.
9 minute read

Law.com

Plaintiffs Plan to Appeal Talc Bankruptcy Ruling as J&J Eyes 'Global Resolution'

"The court is not persuaded by the objecting parties' allegations of gamesmanship or inequity," the judge wrote.
7 minute read

International Edition

Akin Gump Partner Jumps to Gleiss Lutz's Fledgling London Office

Gleiss opened its London office in January as part of a broad international strategy.
2 minute read

International Edition

Elected Into a Crisis: Trilegal Managing Partners Bank on Growth

The firm's co-managing partners, newly elected just as the COVID pandemic was taking hold in Asia, managed to increase the firm's head count and expand its capital markets practice at an opportune time.
5 minute read

New York Law Journal

Fifth Circuit Speaks Out: Circuit Split Deepens Regarding State Law, Leases and Sales Free and Clear in Bankruptcy

In a rare appellate per curiam decision, the U.S. Court of Appeals for the Fifth Circuit denied a writ of mandamus seeking a stay pending appeal, yet addresses the "unnecessary and likely incorrect" interpretation of the relationship between §§363 and 365 of the Bankruptcy Code by the district court and the bankruptcy court.
8 minute read

New York Law Journal

Covered Bonds: An Attractive Financing Tool for US Banks

It may be time for the U.S. Congress to revisit adopting covered bond legislation in the United States since covered bonds would be a nice additional financing source for U.S. banks particularly smaller or regional banks that do not have the same access to the securitization market that the larger U.S. banks have.
10 minute read

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