By Ellen Bardash | March 28, 2023
The District of Delaware decision allows the largest sexual abuse settlement in U.S. history to proceed with distribution, including $2.46 billion already available and potentially another $4 billion from BSA insurers who haven't settled and assets that haven't been liquidated.
By Amanda Bronstad | March 21, 2023
U.S. Chief Bankruptcy Judge Jeffrey Graham, in Indianapolis, is set to take up the dispute over 3M CEO Mike Roman's possible deposition at a Wednesday hearing.
By Ellen Bardash | March 20, 2023
A complaint in the global Chapter 11 case was filed Sunday by Sullivan & Cromwell and Landis, Rath & Cobb attorneys "in response to serial threats" to relocate the case.
By Ellen Bardash | March 6, 2023
Abrams & Bayliss attorneys with Quinn Emanuel Urquhart & Sullivan of counsel state in the complaint that if the Court of Chancery frees funds for Alameda, which has filed for Chapter 11, over a million other trust shareholders would also benefit.
By Ellen Bardash | March 2, 2023
The largest segment by far is the $25.1 million billed by FTX lead counsel Sullivan & Cromwell across two filings.
By Ellen Bardash | February 9, 2023
Ted Boutrous of Gibson Dunn said there's room for the court to find the plan wasn't in good faith because it doesn't clearly lay out procedures to find which of the more than 82,000 sexual abuse claims set to be paid out by a trust are fraudulent.
By Ellen Bardash | January 24, 2023
The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
By Dan Roe | January 12, 2023
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.
By Justin Henry | December 27, 2022
The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
By Dan Roe | November 28, 2022
Having requested more than $15 million in the bankruptcies of Celsius and Voyager to date, Kirkland has already billed another $1.5 million in the Chapter 11 bankruptcy of crypto lender BlockFi. Haynes and Boone is serving as co-counsel.
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