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March 28, 2024 | Daily Report Online

Merchant Cash Advances: You Could Be Taking Financial Shelter in a Lion's Den

MCAs often contain onerous (and potentially illegal or unenforceable) provisions that end up causing more trouble than they are worth. Following is some general guidance based on our experience helping business owners navigate complex issues through all types of business and economic environments.
8 minute read
March 25, 2024 | Daily Report Online

$900M Judgment: King & Spalding's Big Win for Unsecured Creditor

The parties have been in litigation for nearly a decade.
5 minute read
February 23, 2024 | Daily Report Online

Georgia Election Workers Argue Giuliani's $148 Million Judgment Is Not Dischargeable in Bankruptcy

The election workers, Ruby Freeman and Shaye Moss, are represented by attorneys at Willkie Farr & Gallagher, Dubose Miller and the nonprofit group United to Protect Democracy.
3 minute read
January 24, 2024 | Daily Report Online

Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLP

The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
5 minute read
January 10, 2024 | Daily Report Online

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 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 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
October 18, 2023 | Daily Report Online

After $18.8M Talc Verdict, Asbestos Attorney Asks for Trial Against Atlanta's Georgia-Pacific

Clay Thompson plans to ask a bankruptcy judge on Thursday to lift the automatic stay in Bestwall's Chapter 11 case so that his client can have a trial against Georgia-Pacific.
4 minute read
August 18, 2023 | Daily Report Online

Lawyers Pitch Consolidated Talc Trials Against J&J, Including Possibly Georgia

Lead attorneys in the talc multidistrict litigation, vowing to "proceed with alacrity," already have proposed a bellwether trial plan, which Johnson & Johnson opposed this week.
5 minute read
August 10, 2023 | Daily Report Online

Supreme Court Will Hear Challenge to Purdue Pharma's Bankruptcy Plan

The federal government calls the plan—approved by the Second Circuit—"an abuse of the bankruptcy system."
3 minute read
July 21, 2023 | Daily Report Online

20 State AGs Ask Fourth Circuit to Kill Jones Day's Texas Two-Step Tactic in Georgia-Pacific Case

Asbestos victims suing Georgia-Pacific are opposing a preliminary injunction that halted their lawsuits against Koch Industries.
3 minute read

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