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When Is Content of Bankruptcy Bar Date Notice Sufficient?
Situations where a debtor places a product into the stream of commerce, which over time causes harm to those exposed, gives rise to questions such as when and whether a claim arises, and further how do you get proper notice to those persons so that a claims bar date will be binding?Kirkland and Weil's Fees in Chapter 11 Work Highlight Big Law Allure to Bankruptcy
Two retail giants' Chapter 11 cases have generated more than $150 million in fees for law firms.What Constitutes a Consumer Deposit for Priority Treatment Under the Bankruptcy Code
The statute does not define what constitutes a "deposit." In In re Superior Air Charter, Case No. 20-11007 (CSS) (Del. Bankr. April 9, 2021), Chief Judge Christopher Sontchi had to decide whether prepayments for future airplane flights were deposits within the meaning of the statute.Willkie Enters New Bankruptcy Niche With Recent MoFo Hires
The group's work in advising creditors committees often brings in seven-figure compensation awards in bankruptcy court.View more book results for the query "*"
Quinn Emanuel Wins $14M in Legal Fees for Client's $5M Case
A federal judge said tactics used by the opposition, represented by Williams & Connolly, inflated litigation costs despite the amount of damages on the line.Skadden, Wilmer and Dechert Agree to Give Up $1M in Fees Under DOJ Settlement
The firms said they have "agreed to resolve the matter in the interest of expediency."Developments in Opioid, Sexual Abuse and Other Notable Litigations
In this edition of their Mass Torts Update, Edward E. Neiger and Troy Tatting discuss the mass tort litigations involving Elmiron, Allergan, Boy Scouts, Purdue and the February 2021 Texas power outages.Tom Girardi's Law Office Will Be Sold Soon, as His Home Goes on the Market, Trustee Tells Court
A trustee told a bankruptcy judge Tuesday that a downtown Los Angeles office building once housing Girardi Keese is being sold, while Girardi's home in Pasadena, "will soon be on the market within a few days."Group of Morrison & Foerster Bankruptcy Partners Heading for Willkie
The group includes Brett Miller, the managing partner of Morrison Foerster's New York office. The number of Chapter 11s has been declining in recent months, yet set some firms are optimistic about a pickup in restructuring activity.