The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Elisa Hyder | September 29, 2022
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.
The Legal Intelligencer | Analysis
By Justin Henry | September 15, 2022
"Transactional practices were hot for the last two years and we're now adjusting," said Matthew Summers, who co-leads Ballard's recently formed group and serves as co-leader of the firm's bankruptcy and restructuring group.
The Legal Intelligencer | News
By Ellen Bardash | September 12, 2022
Now a trust of more than $2.4 billion in settlement funds obtained to date can start to be distributed to the more than 82,000 abuse claimants, though there's no set timetable for when that process will be complete.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Nathaniel T. DeLoatch | September 8, 2022
The scope of releases and exculpation, is often a key point of contention in these cases, and therefore, appeals are not uncommon. The ability to appeal a confirmation order in a substantively consummated plan can meaningfully impact release/exculpation issues as well as a host of others.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | September 5, 2022
In an opinion issued by the U.S. Court of Appeals for the Fifth Circuit dated Aug. 11, in a case styled In re Falcon V, case no. 21-30668, the court held a surety bond is not an executory contract, and the debtor's obligations under the bonds could not be enforced.
The Legal Intelligencer | News
By Aleeza Furman | August 22, 2022
The pharma company's petition raises questions as to who will lead the defense team in the matter, which has already been criticized as progressing at a slow pace.
By Amanda Bronstad | August 17, 2022
Opioid drug manufacturer Endo Pharmaceuticals filed a Chapter 11 petition late Tuesday, agreeing to provide $450 million to state and local governments.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Drew S. McGehrin | August 11, 2022
In re McGinn provides an example of a bankruptcy court's duties to weigh the often competing interests between the general policy of a "fresh start" conferred through a successful bankruptcy case against interests of fairness to parties who have suffered significant injuries willfully caused by the debtor.
By Dan Packel | August 2, 2022
Doug Mannal and Stephen Zide in New York have both spent the past 16 years at Kramer Levin.
By Ellen Bardash | August 1, 2022
Attorneys for some of the 82,209 total abuse claimants said Monday they're looking to make adjustments and get a final confirmation order in place within a month.
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