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News and information on bankruptcy and bankruptcy law
By Andrew Maloney | January 24, 2024
The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
5 minute read
By Amanda Bronstad | January 23, 2024
The amicus briefs, filed on Monday, support a petition from an claimants committee in the Bestwall LLC bankruptcy for the U.S. Supreme Court to reverse an injunction order blocking mesothelioma victims from pursing their asbestos lawsuits.
5 minute read
By Adolfo Pesquera | January 22, 2024
The Dallas Court of Appeals upheld a temporary injunction brought by an lawyer alleging invasion of privacy.
4 minute read
By Amanda Bronstad | January 22, 2024
In a Jan. 10 letter, U.S. Bankruptcy Chief Judge Michael Kaplan of the District of New Jersey asked the Federal Committee on Rules of Practice and Procedure to change a rule that prohibits bankruptcy judges from appointing special masters.
6 minute read
By Chad Van Horn | January 18, 2024
Thanks to a Federal Education Department and Department of Justice collaborative initiative launched in November 2022, borrowers can more easily discharge their student loans through bankruptcy. I've advocated for this simple fix for years, and I'm glad to see it in action, finally.
4 minute read
Delaware Business Court Insider
By Mark E. Felger and Simon E. Fraser | January 17, 2024
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the automatic stay of Section 362 of the Bankruptcy Code, even if the debtor does not suffer any actual damages as a result of the violation.
6 minute read
By Dan Roe | January 16, 2024
The bankruptcy practice is poised to exceed the highs of 2020 due to a confluence of factors, recently hired O'Melveny partner Julian Gurule said.
3 minute read
By Brenda Sapino Jeffreys | January 12, 2024
A Texas man who sued former U.S. Bankruptcy Judge David Jones, alleging violation of his constitutional rights, has added Jackson Walker, Kirkland & Ellis and former Jackson Walker partner Elizabeth Freeman in a suit connected to an undisclosed romantic relationship between Jones and Freeman.
3 minute read
By Michael A. Mora | January 12, 2024
"If it's not in the license agreement, you do not have rights of exhaustion after the license agreement is terminated," said Kirk Villalon, a partner at Quintana Portal Villalon.
4 minute read
By Zack Needles | January 12, 2024
The news and analysis you need to start your day.
4 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/