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News and information on bankruptcy and bankruptcy law
By Amanda Bronstad | March 26, 2024
Johnson & Johnson's worldwide vice president of litigation, Erik Haas, and Jim Murdica, outside counsel at Barnes & Thornburg, testified on Monday that they were shocked to find out a former member of their team had been working with plaintiffs' lawyer Andy Birchfield as early as April 2023.
6 minute read
By Brenda Sapino Jeffreys | March 25, 2024
Like other defendants, Jackson Walker asks a judge to dismiss a suit filed by an unhappy litigant that seeks fee forfeiture in a bankruptcy handled by former U.S. Bankruptcy Judge David Jones.
4 minute read
By Adolfo Pesquera | March 25, 2024
The parties have been in litigation for nearly a decade.
5 minute read
By Michael L. Cook | March 25, 2024
When courts have made important exceptions in the past year, they have either added a gloss on the Judicial Code, corrected lawyers' errors, filled in statutory gaps, or clarified the relevant statutory language.
11 minute read
By Lawrence J. Kotler and Elisa Hyder | March 22, 2024
Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
By Dan Roe | March 21, 2024
Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read
By Maria Dinzeo | March 21, 2024
Cineworld's former leadership team agreed to depart in return for $35 million.
3 minute read
By Brenda Sapino Jeffreys | March 18, 2024
Kirkland & Ellis seeks to be dismissed from a federal lawsuit filed against former U.S. Bankruptcy Judge David Jones that is connected to an undisclosed romantic relationship between Jones and Elizabeth Freeman, a former partner in Texas' Jackson Walker.
4 minute read
By Charles Toutant | March 15, 2024
"We're happy that this moment finally came and we still have a lot of work ahead of us," said John Baldante, a lawyer representing survivors of abuse.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | March 15, 2024
A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
3 minute read
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