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January 07, 2022 | Delaware Law Weekly

McMahon Allows Immediate Appeal of Order Blocking $4.3B Purdue Pharma Bankruptcy Deal

U.S. District Judge Colleen McMahon rejected arguments from a consortium of states that an interlocutory appeal to the Second Circuit would delay resolution of Purdue's Chapter 11 case.
4 minute read
December 21, 2021 | Delaware Law Weekly

'Going to Be Plan A': All Eyes Are on Talc Bankruptcy in 2022

Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
9 minute read
November 10, 2021 | Delaware Law Weekly

Several State Attorneys General Are Backing Bankruptcy Venue Reform Legislation. Del.'s AG Is Not One of Them

Attorneys general from 41 states, along with Puerto Rico and Guam, have issued a statement in support of legislation before Congress geared toward stopping corporations from venue-shopping bankruptcy cases.
3 minute read
November 03, 2021 | Delaware Law Weekly

Turnaround Management Association Recognizes Morris James for Chapter 11 Case

Morris James was honored at the Turnaround Management Association annual conference, where the firm was presented with the "Small Company Turnaround/Transaction of the Year" award.
1 minute read
September 20, 2021 | Delaware Law Weekly

'Simply a Delay'?: Decline in New Bankruptcy Filings Has Hit Law Firms During the Pandemic

A new report said that more than 291,000 new bankruptcy cases were filed across all chapters through the first eight months of 2021. That represents a 26.3% decline from the same period a year prior, the report authors said.
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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August 20, 2021 | Delaware Law Weekly

Bankruptcy Court Approves Majority of Boy Scout Settlement Agreement

In addition to the settlement fund, the agreement requires the scouting organization to set up a committee intended to prevent abuse of scouts moving forward.
2 minute read
August 17, 2021 | Delaware Law Weekly

With End to Pandemic Restrictions in Sight, Bankruptcy Attorneys Don't Know What to Expect Next

While the number of business-related bankruptcy filings across the country was slightly lower in 2020 than in 2019, the District of Delaware saw nearly three times as many filings year over year.
4 minute read
July 21, 2021 | Delaware Law Weekly

Boy Scouts Attorney Fee Holdback Is Extended to End of Case

After well over an hour of argument and cross examination on the issue, Judge Laurie Selber Silverstein found there wasn't enough evidence presented to suggest claimants not receiving mailed documents was a systemic issue.
4 minute read
July 02, 2021 | Delaware Law Weekly

Lawyers for Abuse Accusers Say $850 Million Settlement With Boy Scouts Is Just the Beginning of Compensation

The number would be the highest-ever for sexual abuse claims in a U.S. court. The case is being handled in bankruptcy proceedings in Delaware.
4 minute read
May 21, 2021 | Delaware Law Weekly

Bankruptcy Attorney Predicts 2021 Filing Upswing, Following 'Hands-Down the Busiest Stretch' of Career

With the country opening up and an end to COVID-19 in sight, Miller said another uptick of Chapter 11 filings is likely in the upcoming months.
8 minute read

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