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March 02, 2023 | Delaware Business Court Insider

FTX Attorneys' Billing Far Outpaces Hourly Rates Seen in 2008 Mega Bankruptcies

The largest segment by far is the $25.1 million billed by FTX lead counsel Sullivan & Cromwell across two filings.
4 minute read
March 02, 2023 | Delaware Law Weekly

Billings for FTX Attorneys Far Outpace Hourly Rates Seen in 2008 Mega Bankruptcies

The largest segment by far is the $25.1 million billed by FTX lead counsel Sullivan & Cromwell across two filings.
4 minute read
February 10, 2023 | Litigation Daily

An Embarrassment of Litigator of the Week Runners-Up and Shout Out Riches

Runners-up this week include litigators at Baker & Hostetler; Kellogg, Hansen, Todd, Figel & Frederick; Weil, Gotshal & Manges; Selendy Gay Elsberg and Kirkland & Ellis.
7 minute read
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
February 09, 2023 | Delaware Law Weekly

District Judge Questions Court's Authority to Find Bad Faith 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
February 06, 2023 | Delaware Business Court Insider

Company Formed Via SPAC Seeks to Validate Certification of Incorporation and Nasdaq Stocks

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
January 31, 2023 | Delaware Law Weekly

Young Conaway Partner Added to Management Committee

Young Conaway Stargatt & Taylor announced the election of partner Elena C. Norman as a member of the firm's management committee.
2 minute read
January 30, 2023 | Delaware Business Court Insider

Delaware Abandons Efforts to Enforce Party Balance on State Courts

In something of a surprise announcement, Delaware Gov. John Carney has agreed that the longstanding requirement is unenforceable.
3 minute read
January 30, 2023 | Delaware Law Weekly

Carney Agrees to Settle Lawsuit Over Party Balance on Delaware Courts

In something of a surprise announcement, Delaware Gov. John Carney has agreed that the longstanding requirement is unenforceable.
3 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

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