By Amanda Bronstad | October 11, 2024
A bankruptcy judge ruled on Thursday that Johnson & Johnson's third Chapter 11 case to resolve thousands of talcum powder lawsuits would remain in Texas.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | October 11, 2024
The Ninth Circuit reversed the decision of the U.S. Bankruptcy Court for District of Arizona, and in a case of first impression, held where the trustee avoids the portion of a tax lien attributable to penalties, the sale proceeds must be used first to pay in full the unavoided tax lien liability amount rather than allocating the proceeds pro rata.
By Dan Roe | October 10, 2024
The dismissal follows a second report from an independent examiner that found Sullivan & Cromwell didn't ignore red flags in pre-petition work for FTX.
The Legal Intelligencer | News
By Amanda O'Brien | October 10, 2024
Montgomery McCracken Walker & Rhodes filed the Chapter 7 petition and is set to receive just over $1.2 million for work on the matter. The institution's top outside counsel in the year before it went bust was New York's Kramer Levin Naftalis & Frankel, which earned $1.7 million in fees.
By Adolfo Pesquera | October 10, 2024
Justice Jane Bland asked why the court should not look plaintiffs that step into the shoes of a defendant through a bankruptcy assignment, then switch to a position the plaintiff would have lost were it not for to option of them pursuing a legal malpractice case.
By Alexander Lugo | October 9, 2024
With inflation creating a cash crunch for businesses of all sizes, lawyers have seen filings increase in recent months. The problems are only expected to get worse as hurricanes continue barreling toward Florida and interest rate cuts have muted impact.
By Dan Roe | October 9, 2024
A former federal bankruptcy judge and real-life investment bankers helped Quinn Emanuel's junior lawyers gain stand-up trial experience.
By Thomas Spigolon | October 7, 2024
"Their deep knowledge and experience will strengthen the firm's ability to support our clients in need of strong litigators in Alabama, in the Southeast and across the country," said Jones Walker managing partner Bill Hines.
By Dan Roe | October 4, 2024
The year is still on track to surpass 2023's business bankruptcy filings by 25%, a new report shows.
By Brenda Sapino Jeffreys | October 3, 2024
A spokesperson for Texas' Jackson Walker said the firm is "on track" for a record-breaking year, even as it has coped over the last year with fallout from news that a former bankruptcy partner was engaged in a romantic relationship with a former bankruptcy judge in Houston who presided over many cases involving the firm.
Presented by BigVoodoo
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Law.com celebrates the California law firms and legal departments driving the state's dynamic legal landscape.
The Texas Lawyer honors attorneys and judges who have made a remarkable difference in the legal profession in Texas.
CORE RESPONSIBILITIES AND TASKS: Reporting to the Senior Vice President, Chief Legal Officer &...
Yale New Haven Health seeks a dynamic and collaborative executive to serve as its Vice President, Labor Strategy and Senior Associate Genera...
Nestled in the heart of Northern California Wine Country, Sonoma County is the largest county in the North Bay region of the San Francisco B...