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'Unworkable Rule for Mass Torts': Businesses Bolster Talc Bankruptcy Rehearing Request
The U.S. Chamber of Commerce, the American Tort Reform Association and three other business groups filed amicus briefs supporting rehearing of the U.S. Court of Appeals for the Third Circuit's Jan. 30 decision in Johnson & Johnson's talc bankruptcy.
Bankruptcy Lawyers: 'Mounting Pressure' Is Leading More Companies to File for Chapter 11
"During the past few years, the country has seen unprecedented lows in bankruptcy filings," said Bruce Z. Walker, a partner with Cohen Pollock Merlin Turner in Atlanta. "Recently, bankruptcy filings have been starting to increase in the various bankruptcy chapters. This includes commercial bankruptcy filings."
Controversial 'Texas Two-Step' Netted Jones Day $107 Million Before 3rd Circuit Rebuke
Jones Day partner Gregory Gordon employed the tactic in four large Chapter 11s prior to a late January ruling against Johnson & Johnson affiliate LTL Management.
Earplug Lawyers: Talc Dismissal 'Knocks the Props Out' of 3M Bankruptcy
Lawyers suing 3M over its combat earplugs moved on Friday to dismiss the Chapter 11 case of its subsidiary, Aearo Technologies, citing the U.S. Court of Appeals for the Third Circuit's ruling on Monday dismissing Johnson & Johnson's talc bankruptcy.
Uncertainty Plagues 3M Combat Earplug Global Settlement as Judge Declares 'Impasse'
A federal judge in the multidistrict litigation scrapped mediation talks this week, while, in bankruptcy court, 16 plaintiffs firms opposed a request for more time to come up with a Chapter 11 reorganization plan.
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Connecticut Appellate Practice & Procedure, 8th Edition
Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE
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Senators, States and Creditors Challenge Sullivan & Cromwell's Lead Role in FTX Bankruptcy
Hearings in late January and early February will determine whether the law firm will be retained as lead counsel and whether it will be forced to work alongside an independent examiner.
Circuit Splits to Watch in 2023, Including the Fifth and Eleventh
Laws regulating social media sites and anti-SLAPP statutes are among the issues to keep on eye next year.
2023 Bankruptcy Outlook: Rising Interest Rates Lift All Restructuring Practices
"I haven't seen this volume of assignments since the crash of 2008 and 2009," said White & Case global restructuring head Thomas Lauria.
No Pay: Lawyers Ordered to Return Fees Received for Representing Indicted Attorney
"If ever there were a case where a reasonable lawyer should question the source of his client's funds, it is these cases,"U.S. Bankruptcy Judge Craig Gargotta found.
FTX Bankruptcy Attorney: 'We Do Not Trust the Bahamian Government'
An attorney representing FTX in its Delaware bankruptcy claimed during a virtual hearing Wednesday there's no reason to give liquidators in the Bahamas total access to FTX's digital assets.TRENDING STORIES
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