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July 27, 2022 | Delaware Business Court Insider

'Known' Creditors Can Pursue Untimely Claims in Any Venue

The U.S. Bankruptcy Court for the District of Delaware declared on July 14 that creditors known to debtors prior to filing for Chapter 11 bankruptcy that did not receive actual notice of the bankruptcy cases may pursue claims in the venue of their choice.
3 minute read
April 20, 2022 | New Jersey Law Journal

For Clergy Abuse Claimants, $87M Camden Diocese Settlement Provides Blueprint for Future Wins

"I think this sends an extremely strong message to the other dioceses that claimants and survivors will not be pushed around, that they will stand together and they will stand in unison no matter how powerful the institution is," said plaintiffs attorney Gregory Gianforcaro.
5 minute read
November 17, 2021 | New Jersey Law Journal

Bankruptcy Judge Asked to Find Camden Diocese in Contempt Over Alleged Concealment of $32M

"At best, this failure is the result of novel accounting; at worst, and more likely, the debtor is attempting to shield its assets from creditors while simultaneously failing to abide by this court's cash management order," the creditors' committee said in its contempt motion in the Diocese of Camden Chapter 11 proceedings. "These actions cast doubt on the integrity of this bankruptcy process and warrant immediate remedial action by this court."
4 minute read
June 14, 2019 | New Jersey Law Journal

NJ Supreme Court Continues to Allocate Fault to Non-Monetarily Liable Co-Defendants

This article briefly outlines the seminal opinions issued by the NJ Supreme Court and the Appellate Division, which have increasingly permitted co-defendants to be included on the jury verdict sheet under the Comparative Negligence Act and the Joint Tortfeasors Contribution Law.
9 minute read
June 21, 2018 | Pro Mid Market

Who Got the Work: Egg-cellent News for an Egg Farm, 37 Cats and 5 Parrots

 Porter Wright Morris & Arthur helped secure a major defense win for Seymour, Indiana-based Rose Acre Farms in a $3 billion federal antitrust…
3 minute read
November 03, 2017 | New Jersey Law Journal

Zucker Goldberg Bankruptcy Plan Approved, But Disputes Persist

More than two years after Zucker, Goldberg & Ackerman filed its Chapter 11 petition, a federal bankruptcy judge in Newark has approved the defunct…
6 minute read
October 27, 2017 | The American Lawyer

Airline Bankruptcies Bolster Some Big Law Bottom Lines, Hit Others

A regional carrier in Hawaii recently became the latest aviation company to find itself bankruptcy court.
5 minute read
June 16, 2017 | New York Law Journal

No Soup For Them! Soupman's Bankruptcy Leaves Big Law Bowls Empty

Soupman Inc., a company that licenses the name made famous by the sitcom "Seinfeld," filed for bankruptcy on June 13 in Delaware, just weeks after its CFO was arrested for tax evasion. Polsinelli is seeking to save the debtor as it pursues a sale in Chapter 11. But some other large law firms face big writeoffs on their legal bills.
29 minute read
November 10, 2016 |

Zucker Goldberg Commingled Finances With Software Company, Examiner's Report Says

An investigator's report alleges that creditors owed money by bankrupt New Jersey foreclosure firm Zucker, Goldberg & Ackerman may have valid causes of action in connection with how the firm did business in recent years.
20 minute read
March 16, 2016 |

Payments Deemed Unavoidable in Chapter 7 Case

A U.S. bankruptcy court judge has blocked a bid by a Chapter 7 trustee to avoid and recover nearly $800,000 as preference payments, ruling that the wire transfers were made in the ordinary course of business.
3 minute read

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