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The American Lawyer

LeClairRyan Founder, UnitedLex Can't Dodge Bankruptcy Trustee's Claims

A Virginia bankruptcy judge declined to wipe claims touching on conspiracy, breach of fiduciary responsibility and misappropriation from an August amended complaint.
2 minute read

The Recorder

Erika Girardi Accuses Edelson of 'Unethical' and 'Illegal' Fee Agreement With Girardi Keese

Tom Girardi's estranged wife, Erika Girardi, also threatened sanctions against the Girardi Keese trustee for "inflammatory, malicious, and reckless" allegations that she received $25 million in fraudulent transfers from her husband's firm.
6 minute read

Delaware Law Weekly

Turnaround Management Association Recognizes Morris James for Chapter 11 Case

Morris James was honored at the Turnaround Management Association annual conference, where the firm was presented with the "Small Company Turnaround/Transaction of the Year" award.
1 minute read

The Legal Intelligencer

US Judge Says 5 Sex Trafficking Suits Against Hotels Belong in State Court

The cases—in which women say they were sold for sexual purposes as teenagers, and seek to have hotels held liable—have been returned to the Philadelphia Court of Common Pleas.
3 minute read

The Legal Intelligencer

Not All Distributions Are 'Disbursements' Subject to US Trustee Fees

Nowhere else is the old saying "you can't escape death and taxes" better exemplified than in Chapter 11. Under the Bankruptcy Code, debtors are subject to stringent reporting and fee requirements imposed by the Department of Justice and the Office of the U.S. Trustee.
6 minute read

Daily Business Review

Small Businesses Hurt by Pandemic Face Looming Deadline on Subchapter V of the Bankruptcy Code

We are living in uncertain times. The global pandemic has disrupted nearly every aspect of our lives. And these disruptions have come at a cost, particularly for small businesses and consumers.
6 minute read

Law.com

Johnson & Johnson Loses First Fights Over Talc Bankruptcy, but Bigger Battles Loom

U.S. Bankruptcy Judge Craig Whitley, who is overseeing J&J subsidiary LTL Management's Chapter 11 filing, issued two orders on Tuesday that challenge the venue and limit the scope of a stay on talcum powder lawsuits.
6 minute read

New York Law Journal

Supreme Court Passes on Opportunities To Provide Guidance on Important Bankruptcy Law Questions—Until 'Purdue Pharma'

Although four cases presenting important bankruptcy issues were teed up for the court's consideration this term, the court denied certiorari for each. A fifth bankruptcy-related certiorari petition remains pending and may still be taken up this term.  
9 minute read

Law.com

Second Circuit Applies Federal Bankruptcy Law, Not Securities Law, In Madoff SIPA Liquidation

The Second Circuit applied federal bankruptcy law when holding that good faith is an affirmative defense.
14 minute read

Law.com

How I Made Equity Partner: 'Being Aligned. The Things That Are Important to the Firm Are Also Important to Me,' Says Precious Jacobs-Perry of Jenner & Block

"You are amazing and belong at every table you sit at, so lean in and speak up, your voice matters, you being at that table matters."
8 minute read

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