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June 29, 2023 | Daily Report Online

Appellate Ruling in Georgia-Pacific Case Underscores Divide on Limits of Bankruptcy Protections

Judges are divided on the use of the "Texas two-step," in which companies facing potential mass tort liability attempt to gain Chapter 11 protection from claims.
6 minute read
June 27, 2023 | National Law Journal

Appellate Ruling Underscores Divide on Limits of Bankruptcy Protections

Judges are divided on the use of the "Texas two-step," in which companies facing potential mass tort liability attempt to gain Chapter 11 protection from claims.
6 minute read
June 08, 2023 | Daily Report Online

Weil Claims Victory for Georgia's Serta Simmons in Bankruptcy Exit

"Victory in the adversary proceeding and a judgment declaring the 2020 transaction valid were essential to confirmation of SSB's chapter 11 Plan of Reorganization," Weil said.
6 minute read
June 08, 2023 | Texas Lawyer

Weil Claims Victory for Serta Simmons

"Victory in the adversary proceeding and a judgment declaring the 2020 transaction valid were essential to confirmation of SSB's chapter 11 Plan of Reorganization," Weil said.
5 minute read
May 31, 2023 | Texas Lawyer

Kirkland & Ellis Crushes Class Action Against Client

Each proposed class member's claim would require verification of ownership interests and a review of their lease, U.S. District Judge Daniel Hovland said when striking the proposed class.
3 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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February 09, 2023 | Delaware Business Court Insider

District Judge Questions Court's Authority of Trustees in Boy Scout Bankruptcy Plan

Ted Boutrous of Gibson Dunn said there's room for the court to find the plan wasn't in good faith because it doesn't clearly lay out procedures to find which of the more than 82,000 sexual abuse claims set to be paid out by a trust are fraudulent.
4 minute read
January 24, 2023 | Delaware Law Weekly

AIG Subsidiary's Chapter 11 Filing Is 'Abuse of the Bankruptcy Process,' Ex-Employees Say

The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
January 24, 2023 | Delaware Business Court Insider

Ex-Employees Say AIG Subsidiary's Chapter 11 Filing Is 'Abuse of the Bankruptcy Process'

The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
December 27, 2022 | The American Lawyer

Paul Hastings Lawyers Retained by Creditors Committee in FTX Bankruptcy

The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
3 minute read
December 27, 2022 | Delaware Business Court Insider

Creditors Committee in FTX Bankruptcy Retains Paul Hastings Lawyers

The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
3 minute read

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