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July 06, 2016 |

IP Insider: Nortel's Catastrophic Success

After $2 billion in bankruptcy fees, Nortel approaches a dubious record.
19 minute read
June 08, 2016 |

In re RIH Acquisitions NJ LLC

Retention as Ordinary-Course Professional Didn't Preclude Adversary Complaint
6 minute read
May 25, 2016 |

Nortel Distribution Appeal Gets Third Circuit Jump-Start

A Delaware federal judge has certified an appeal of a bankruptcy court's unusual method for distributing $7.3 billion raised in Nortel Network's protracted bankruptcy proceeding, saying a review by the U.S. Court of Appeals for the Third Circuit would materially advance a case that has already dragged on for seven years.
18 minute read
February 10, 2016 |

Customers Reap Benefits From Hughes Hubbard's MF Global Role

Hughes Hubbard & Reed received $87 million for its work handling the liquidation of MF Global's broker-deal unit, and customers and creditors of the defunct commodities trader also fared well after four years of bankruptcy proceedings finally came to an end this week.
4 minute read
February 01, 2016 |

Battling Over the Remains of Nortel

Law firms and other advisers have billed $1.6 billion as creditors fight for the bankrupt company's assets.
3 minute read
January 14, 2016 |

Nortel Fee Bonanza Continues as Creditors Square Off in NY

As creditors fight over Nortel Networks' $7.3 billion carcass, bankruptcy lawyers are feasting on the fees.
4 minute read
September 14, 2015 |

The Evolution of Fiduciary Duties Under Delaware Law

John H. Bae and Kaitlin R. Walsh of Mintz Levin Cohn Ferris Glovsky and Popeo walk through the evolution of Delaware law on directors' duties, and provide a summary of the current state of Delaware law on the fiduciary duties of directors when a corporation is insolvent.
11 minute read
August 05, 2015 |

Nortel Bankruptcy Appeals Denied Fast Track to Third Circuit

A Delaware bankruptcy judge has denied a bid to fast-track to the Third Circuit appeals of his decision on how to split up $7.3 billion in Nortel assets.
5 minute read
July 29, 2015 |

Parties in Nortel Appeals Seek Fast Track to Third Circuit

A ruling by two judges in two different countries over the disbursement of $7.3 billion in Nortel Networks assets has resulted in at least 11 appeals that promise to lengthen a case that has already gone on for six years and generated more than $1.3 billion in legal fees.
5 minute read
March 25, 2015 |

The Bankruptcy Files: Oil Slide a Boon to Some Big Firms

Akin Gump Strauss Hauer & Feld, Bracewell & Giuliani, Haynes and Boone, Kirkland & Ellis and Vinson & Elkins are some of the Am Law 200 firms that have snagged leading bankruptcy and restructuring roles in the struggling U.S. oil and gas sector.
7 minute read

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