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News and information on bankruptcy and bankruptcy law
By Amanda Bronstad | April 10, 2024
Andy Birchfield, of Beasley Allen, took the stand on Wednesday to fend off Johnson & Johnson's allegations that he breached his ethical duties by working with one of its former lawyers to come up with a proposed $19 billion talc settlement.
5 minute read
Delaware Business Court Insider
By George Williams | April 10, 2024
Does Terra's bankruptcy mark the end of the "Crypto Winter"? The recent rebound of the cryptocurrency market seems to suggest so, particularly with Bitcoin setting a new all-time high of $73,805.27 on March 14, 2024.
5 minute read
By Dan Roe | April 9, 2024
"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
8 minute read
By Brenda Sapino Jeffreys | April 9, 2024
Avi Luft, a financial restructuring of counsel at Paul Hastings, has joined Akin as a partner in New York.
2 minute read
By Dan Roe | April 8, 2024
Daniel Shamah has joined Cooley's New York office as a partner.
2 minute read
By Adolfo Pesquera | April 5, 2024
The judge had come under previous scrutiny for two fictional novels she wrote and published, which critics claim appear to be based on real litigation.
4 minute read
By Adolfo Pesquera | April 5, 2024
The judge had come under previous scrutiny for two fictional novels she wrote and published, which critics claim appear to be based on real litigation.
5 minute read
By Adolfo Pesquera | April 2, 2024
"The law does not require punishing lenders who work in good faith with borrowers who wanted to work with lenders," U.S. Bankruptcy Judge Christopher Lopez said.
4 minute read
By Joseph Pack and Jessey Krehl | March 28, 2024
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
Delaware Business Court Insider
By Ellen Bardash | March 26, 2024
"The difficulty with valuing crypto assets as opposed to other assets is they have no inherent value," a bankruptcy judge observed.
4 minute read
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