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April 05, 2024 | National Law Journal

5th Circuit Lifts $239K Sanction Against Law Firm, Says Bankruptcy 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.
5 minute read
April 02, 2024 | Texas Lawyer

$100M Victory in Houston as UBS Dodges Counterclaim

"The law does not require punishing lenders who work in good faith with borrowers who wanted to work with lenders," U.S. Bankruptcy Judge Christopher Lopez said.
4 minute read
March 28, 2024 | Daily Business Review

Merchant Cash Advances: You Could Be Taking Financial Shelter in a Lion's Den

MCAs often contain onerous (and potentially illegal or unenforceable) provisions that end up causing more trouble than they are worth. Following is some general guidance based on our experience helping business owners navigate complex issues through all types of business and economic environments.
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 26, 2024 | Law.com

'I Was Kind of Dumbfounded': J&J Lawyers Testify in Talc Disqualification Hearing

Johnson & Johnson's worldwide vice president of litigation, Erik Haas, and Jim Murdica, outside counsel at Barnes & Thornburg, testified on Monday that they were shocked to find out a former member of their team had been working with plaintiffs' lawyer Andy Birchfield as early as April 2023.
6 minute read
Law Journal Press | Digital Book New York Attorney Discipline: Practice and Procedure 2024 Authors: Hal R. Lieberman, J. Richard Supple, Jr., Harvey Prager View this Book

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March 25, 2024 | Texas Lawyer

Jackson Walker Asks for Dismissal of Suit Seeking Fee Disgorgement From Bankruptcy Matter

Like other defendants, Jackson Walker asks a judge to dismiss a suit filed by an unhappy litigant that seeks fee forfeiture in a bankruptcy handled by former U.S. Bankruptcy Judge David Jones.
4 minute read
March 25, 2024 | Texas Lawyer

$900M Judgment: King & Spalding's Big Win for Unsecured Creditor

The parties have been in litigation for nearly a decade.
5 minute read
March 25, 2024 | Law.com

Landmines In Bankruptcy Appellate Practice, Part III

When courts have made important exceptions in the past year, they have either added a gloss on the Judicial Code, corrected lawyers' errors, filled in statutory gaps, or clarified the relevant statutory language.
11 minute read
March 22, 2024 | The Legal Intelligencer

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 | The American Lawyer

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

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