The amicus briefs, filed on Monday, support a petition from an claimants committee in the Bestwall LLC bankruptcy for the U.S. Supreme Court to reverse an injunction order blocking mesothelioma victims from pursing their asbestos lawsuits.
January 23, 2024 at 07:12 PM
5 minute read
staff reporter
The original version of this story was published on Law.com
Three members of Congress and 25 states pushed the U.S. Supreme Court to take up a controversial corporate tactic used in mass tort bankruptcies called a “Texas two-step” merger.
In an amicus brief, U.S. Senators Dick Durbin, D-Illinois, Sheldon Whitehouse, D-Rhode Island, and Josh Hawley, R-Missouri, insisted that Congress did not intend for wealthy corporations to avert tort liabilities by creating new subsidiaries through a “Texas two-step” merger that would then file for bankruptcy.
Presented by BigVoodoo
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Truly exceptional Bergen County New Jersey Law Firm is growing and seeks strong plaintiff's personal injury Attorney with 5-7 years plaintif...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
