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April 22, 2024 | Delaware Business Court Insider

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read
April 19, 2024 | Delaware Business Court Insider

Florida Jury Sides With Johnson & Johnson in First Post-Bankruptcy Talc Verdict

Thursday's verdict comes in the second ovarian cancer trial since Johnson & Johnson's failed talc bankruptcies last year.
3 minute read
April 12, 2024 | Delaware Business Court Insider

'Lion of the Bankruptcy Bar': Ex-Judge Kevin Carey, Hogan Lovells Counsel, Has Died

Carey was hailed as "one of the best bankruptcy judges in the history of the profession."
2 minute read
April 12, 2024 | Delaware Business Court Insider

Court Caps Landlord's Bankruptcy Claim Against Lease Guarantor

In In re Cortlandt Liquidating, the U.S. District Court for the Southern District of New York, sitting as an appellate court, reviewed a Bankruptcy Court decision that addressed a number of issues involving a commercial landlord's claims in bankruptcy.
9 minute read
April 10, 2024 | Delaware Business Court Insider

Terra Luna—Marking the Beginning and the End of the 'Crypto Winter'?

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
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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April 09, 2024 | Delaware Business Court Insider

IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs

"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
March 26, 2024 | Delaware Business Court Insider

'Just a Bunch of Zeroes and Ones': Crypto Valuation Sets Up 'Battle of Experts' in FTX Bankruptcy

"The difficulty with valuing crypto assets as opposed to other assets is they have no inherent value," a bankruptcy judge observed.
4 minute read
March 22, 2024 | Delaware Business Court Insider

Ninth Circ. Bankruptcy Appellate Panel: Corporate Debtors in Subchapter V Are Not Subject to Discharge Exceptions

Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
March 21, 2024 | Delaware Business Court Insider

Patterson Belknap Litigator Confirmed as FTX Examiner

Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read
March 15, 2024 | Delaware Business Court Insider

Trustee Can Continue $250M Fraud Case Against Clayton, Dubilier & Rice

A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
3 minute read

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