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January 09, 2024 | National Law Journal

No Perfect Solution: Justices' Own Bankruptcy Ruling Creates $326M Problem

The Supreme Court's 2022 constitutional decision is in search of a 2024 remedy.
4 minute read
January 08, 2024 | Law.com

Three Things Bankruptcy Trustees Should Know About Due Diligence in Preference Litigation

Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff's complaint. While the law is still developing, there are three important takeaways for trustees to consider.
6 minute read
January 05, 2024 | New York Law Journal

Giuliani Asks Judge to Lift Chapter 11 Automatic Stay for Motions After $148 Million Judgment in Election Workers' Case

In Friday's motion, Giuliani's attorney Gary Fischoff of Berger, Fischoff, Shumer, Wexler & Goodman emphasized that he was asking U.S. Bankruptcy Judge Sean H. Lane to lift the automatic stay for a "limited purpose."
2 minute read
January 05, 2024 | The Recorder

Covington Builds Restructuring Practice With 2 Mintz Partner Hires

The partner hires "will help us leverage additional litigation opportunities that arise out of clients dealing with bankruptcies, particularly on the creditor side," said Dan Shallman, head of the LA office.
2 minute read
December 27, 2023 | New York Law Journal

Texas Bankruptcy Court Holds Code Overrides State Law on Expulsion

In her Distress Mergers and Acquisitions column, Corinne Ball discusses the recent case "In re Envision Healthcare Corp," where the Bankruptcy Court for the Southern District of Texas confronted an apparent conflict between applicable Delaware law and the Bankruptcy Code, determining that the Bankruptcy Code overrides state law and protects a debtor from expulsion by its fellow LLC members.
12 minute read
Law Journal Press | Digital Book Connecticut Foreclosures: An Attorney’s Manual of Practice and Procedure 2024 Authors: Denis R. Caron, Geoffrey K. Milne, Andrew P. Barsom View this Book

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December 26, 2023 | Delaware Law Weekly

Lewis Brisbois Del. Partner to Speak at Strafford Webinar on Chapter 11 Bankruptcy

Lewis Brisbois Bisgaard & Smith Wilmington partner Rafael X. Zahralddin is scheduled to speak on "death trap" provisions in Chapter 11 of the U.S. Bankruptcy Code at an upcoming Strafford webinar at 1 p.m. Jan. 18.
2 minute read
December 21, 2023 | Daily Report Online

Rudy Giuliani Files for Chapter 11 Bankruptcy After $148M Judgment in Defamation Suit

Claims against Giuliani include a suit filed by his former attorney Robert Costello and Costello's firm Davidoff Hutcher & Citron for unpaid legal fees.
4 minute read
December 21, 2023 | Delaware Business Court Insider

After $148 Million Judgment in Defamation Suit, Rudy Giuliani Files for Chapter 11 Bankruptcy

Claims against Giuliani include a suit filed by his former attorney Robert Costello and Costello's firm Davidoff Hutcher & Citron for unpaid legal fees.
4 minute read
December 21, 2023 | New York Law Journal

Rudy Giuliani Files for Chapter 11 Bankruptcy After $148 Million Judgment in Defamation Suit

Claims against Giuliani include a suit filed by his former attorney Robert Costello and Costello's firm Davidoff Hutcher & Citron for unpaid legal fees.
4 minute read
December 18, 2023 | Delaware Business Court Insider

Several Mass Tort Bankruptcies Stumbled in 2023. Could Some Fall Apart in 2024?

The U.S. Supreme Court heard oral arguments this month in the Purdue Pharma bankruptcy about third-party releases in a case that could also impact the Boy Scouts of America's Chapter 11 plan next year.
5 minute read

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