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July 01, 2021 | New York Law Journal

Opioid, Sexual Abuse, Weed Killer and IUD Litigation Developments

In this edition of their Mass Tort Update, Edward E. Neiger and Barb Pratt discuss notable developments in the Purdue, Pornhub, Paraquat and Paragard litigations.
7 minute read
January 28, 2021 | New Jersey Law Journal

A Short Primer on Defending Lawsuits to Recover Preferential Transfers

The Bankruptcy Code and state insolvency laws contain several defenses to the recovery of preferential transfers which often reduce or eliminate the preference exposure in many, if not most, cases. This article provides an overview of the defenses and suggestions to obtain the best settlement possible.
9 minute read
March 03, 2020 | New York Law Journal

Victims to Continue Sexual Abuse Claims Despite Buffalo Diocese Bankruptcy, Lawyer Says

The diocese, a spokeswoman emphasized, was reorganizing, not liquidating, and survivors would be a "No. 1 priority" among its creditors.
4 minute read
September 19, 2017 | The American Lawyer

Four Big Law Firms Grab Roles on Toys 'R' Us Bankruptcy

From bikes to trains to video games, a quartet of large law firms led by Kirkland & Ellis is advising on the Chapter 11 case of toy retail giant Toys “R” Us Inc., which became the latest in a string of struggling brick-and-mortar retailers to file for bankruptcy this year.
4 minute read
April 04, 2017 |

Kirkland Among Big Firms Picking Up Payless Bankruptcy Roles

Armstrong Teasdale, Kirkland & Ellis, Munger, Tolles & Olson and Canada's Osler, Hoskin & Harcourt are advising Payless ShoeSource Inc., as the Topeka, Kansas-based shoe retailer filed for bankruptcy Tuesday in St. Louis and announced plans to shutter 400 stores.
16 minute read
April 04, 2017 | The American Lawyer

Kirkland Among Big Firms Picking Up Payless Bankruptcy Roles

Armstrong Teasdale, Kirkland & Ellis, Munger, Tolles & Olson and Canada's Osler, Hoskin & Harcourt are advising Payless ShoeSource Inc., as the Topeka, Kansas-based shoe retailer filed for bankruptcy Tuesday in St. Louis and announced plans to shutter 400 stores.
16 minute read
July 07, 2016 |

Prominent Bankruptcy Attorney, Former Anderson Kill Name Partner, Dies at 85

Arthur Olick, a longtime chair of Anderson Kill's bankruptcy and restructuring practice who advised parties in several law firm dissolutions, died Saturday from multiple sclerosis.
13 minute read
May 19, 2016 |

'Ward Sand' Is Sandbagged

The New Jersey Supreme Court ruled in favor of the insurance industry on the long-contested issue of how to allocate responsibility for losses in claims involving multiple insurance companies, some of which are insolvent.
6 minute read
February 08, 2016 |

Decision Paves Way for Buyers to Apportion Payments Outside Code's Priority Scheme

Recent Third Circuit decision paves the way for buyers to selectively apportion payments to certain creditors while avoiding the strictures of the Bankruptcy Code's distribution process. It has immense ramifications for Section 363 sales within the Third Circuit.
8 minute read

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