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Court Caps Landlord's Bankruptcy Claim Against Lease Guarantor
In In re Cortlandt Liquidating, the U.S. District Court for the Southern District of New York, sitting as an appellate court, reviewed a Bankruptcy Court decision that addressed a number of issues involving a commercial landlord's claims in bankruptcy.
In Talc DQ Hearing, Beasley Allen's Andy Birchfield Testifies: 'It Never Crossed My Mind'
Andy Birchfield, of Beasley Allen, took the stand on Wednesday to fend off Johnson & Johnson's allegations that he breached his ethical duties by working with one of its former lawyers to come up with a proposed $19 billion talc settlement.
IPO to Insolvency: Big Law Isn't Done Making Money on EV SPACs
"They didn't care because they were making too much money off of it, and now it's especially sad that they're finding yet another way to make money off of the very problems they helped create," Yale Law School professor John Morley said of the corporate lawyers who participated in the frenzy.
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.
Biotech Industry Bankruptcy Cases: 'Zymergen' and 'Humanigen'
This issue of the Bankruptcy Update column focuses on the recent biotech industry bankruptcy cases of Zymergen and Humanigen.
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Texas Litigators’ Guide to Departing Employee Cases 2018
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Terraform at Odds With Creditor Committee as SEC Trial Approaches
The SEC's case against Terraform is scheduled to go to trial March 25, and the debtors' counsel moved last week for the bankruptcy court to allow Dentons to serve as special counsel.The Continuing Review of Real Estate Sector Bankruptcy Rulings
Continuing our series on distressed real estate cases, we again decided to report on two cases that present different issues. One involves the debtor's sale of real estate over the objection of the secured lender, which was approved. The other involves a debtor's attempt to enjoin a construction bond company from continuing to pay claims by subcontractors after the filing of the bankruptcy case, which was denied.
What the Fifth Circuit's Ruling on Avoidance Actions Means for Debtors
"While the Fifth Circuit's decision put to bed a longstanding question of law, it also gives rise to many others," writes John Kane of Kane Russell Coleman Logan.
Creditor Remedies Prevail in Delaware
This article addresses how a Creditor's Committee may sue members of an LLC, despite Delaware law limitations, and how prebankruptcy exercise of proxy rights in reliance on Delaware law are upheld in a subsequent bankruptcy case.
Ex-Big Law Partner Sentenced to 3 Years Supervised Release in False Statements Case
John Roesser told Judge Analisa Torres that he has "always, always, always loved the law" and regretted the impact of his offense on the court system.TRENDING STORIES
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