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April 18, 2024 | New York Law Journal

Suboxone: Profits Over People; Developments in Purdue Pharma Bankruptcy

This issue of the Mass Torts Update addresses the United Judicial Panel on Multidistrict Litigation ordering the consolidation of Suboxone dental injury lawsuits as centralized in the the Northern District of Ohio. It goes on to provide an update on Purdue Pharma's Chapter 11 bankruptcy case.
5 minute read
April 15, 2024 | New York Law Journal

Lowenstein Sandler Adds Bankruptcy Vet from Loeb & Loeb

Daniel Besikof served as the deputy chairman of Loeb & Loeb's bankruptcy group
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 | The Legal Intelligencer

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 | New Jersey Law Journal

In Talc DQ Hearing, Beasley Allen's Andy Birchfield Testifies: 'It Never Crossed My Mind'

Andy Birchfield, of Beasley Allen, took the stand on Wednesday to fend off Johnson & Johnson's allegations that he breached his ethical duties by working with one of its former lawyers to come up with a proposed $19 billion talc settlement.
5 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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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
April 09, 2024 | The American Lawyer

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
April 09, 2024 | The American Lawyer

Recruiting From Paul Hastings Again, Akin Adds Financial Restructuring Lawyer

Avi Luft, a financial restructuring of counsel at Paul Hastings, has joined Akin as a partner in New York.
2 minute read
April 08, 2024 | The American Lawyer

Cooley Poaches O'Melveny Bankruptcy Litigation Co-Chair Amid Rise in Restructuring Disputes

Daniel Shamah has joined Cooley's New York office as a partner.
2 minute read
April 05, 2024 | Texas Lawyer

$239K Sanction Against Law Firm Lifted: Judge Abused Discretion

The judge had come under previous scrutiny for two fictional novels she wrote and published, which critics claim appear to be based on real litigation.
4 minute read

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