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November 28, 2022 | Delaware Law Weekly

BlockFi Turns to Familiar Name for Crypto Bankruptcies: Kirkland & Ellis

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.
2 minute read
November 15, 2022 | Delaware Law Weekly

Sullivan & Cromwell Handling FTX Bankruptcy Is Just the Tip of the Iceberg

"Whether it be a federal criminal forum, whether it be the bankruptcy forum, whether it be the regulatory forum, there's going to be a lot of lawyers involved in this no question about it," said Robert Shimberg, a shareholder at Hill Ward Henderson.
4 minute read
November 08, 2022 | Delaware Law Weekly

Objecting Parties Hit Back at Boy Scouts Plan, Calling It 'Misuse of the Bankruptcy Process'

The BSA now has until Dec. 7 to respond to the allegations raised in four briefs Monday by parties whose appeals were consolidated by U.S. District Court Judge Richard G. Andrews.
4 minute read
October 28, 2022 | Delaware Law Weekly

Pachulski Stang Lawyer to Chair New ABA Business Bankruptcy Committee

Pachulski Stang Ziehl & Jones announced that Steven Golden has been invited to chair the American Bar Association (ABA) business bankruptcy committee's newly developed young lawyers subcommittee.
1 minute read
October 27, 2022 | Delaware Law Weekly

Superior Court Rules Verizon to Recover $120M From Insurers

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read
October 05, 2022 | Delaware Law Weekly

Bankruptcy Trustee Moves for Debevoise Disqualification in Delaware

Personal care wholesaler High Ridge Brands is seeking to disqualify Debevoise & Plimpton as opposing counsel in a bankruptcy case, alleging at least nine Debevoise attorneys worked with High Ridge on the same 2017 transaction that ultimately resulted in the suit.
2 minute read
September 19, 2022 | Delaware Law Weekly

Morris Nichols Del. Partner to Speak at Chapter 11 Bankruptcy Webinar

The Knowledge Group, a provider of continuing education webcasts, is scheduled to host a live webinar titled, "Chapter 11 Bankruptcy Protection: Resolving Complex Issues in Reorganizations," on Tuesday, and Morris, Nichols, Arsht & Tunnell partner Andrew Remming is to serve as a speaker.
1 minute read
September 12, 2022 | Delaware Law Weekly

The 'Longest', 'Most Emotional' Experience: Attorneys Mark Final Plan Approval in Boy Scouts Case

Now a trust of more than $2.4 billion in settlement funds obtained to date can start to be distributed to the more than 82,000 abuse claimants, though there's no set timetable for when that process will be complete.
5 minute read
September 12, 2022 | Delaware Law Weekly

3rd Circuit Refuses to DQ White & Case Over Lateral Hire of Sidley Partner

In a precedential opinion, the U.S. Court of Appeals for the Third Circuit ruled that White & Case is not conflicted out of a bankruptcy case after hiring a partner from opposing counsel Sidley Austin who previously worked on the matter.
4 minute read
September 01, 2022 | Delaware Law Weekly

Court Eyes Resolution of Final Boy Scouts Bankruptcy Plan Problems

"I think this is far and away the most complicated Chapter 11 case we've ever seen," said White & Case partner Jessica Lauria, representing the Boy Scouts.
2 minute read

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