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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
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
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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August 17, 2022 | Law.com

The Fall of Endo? 34 AGs Support $450M Payment From Bankrupt Opioid Manufacturer

Opioid drug manufacturer Endo Pharmaceuticals filed a Chapter 11 petition late Tuesday, agreeing to provide $450 million to state and local governments.
4 minute read
May 06, 2022 | The Legal Intelligencer

Asbestos Trust Withdraws Motion to Redact Law Firm Names in Upcoming Trial Over Alleged Claims Mismanagement

In a case scrutinizing the management of an asbestos trust, the trust's advisory committee has withdrawn a motion to redact the names of the law firms involved in alleged wrongdoing.
3 minute read
July 01, 2021 | Delaware Business Court Insider

Oil Provider Claims Bankruptcy Judge Shouldn't Look Past $150M in Nine Point Claims

Morris, Nichols, Arsht & Tunnell attorneys filed five appeals in the District of Delaware on Thursday on behalf of Caliber Midstream Partners and its affiliates, calling into question U.S. Bankruptcy Judge Mary F. Walrath's ruling.
2 minute read
February 04, 2021 | Pro Mid Market

Who Got the Work: A Bankrupt Buffet and a California Collision

Pizza restaurant chain Cicis is being represented by Gray Reed & McGraw as it files for Chapter 11 protection, Tyson & Mendes and Segal McCambridge Singer & Mahoney are representing a company whose employee was involved in a truck accident, and other work from midsize firms.
2 minute read
January 07, 2021 | Pro Mid Market

Who Got the Work: New York Judges and a Plant-Based Bankruptcy

Morrison Cohen represented a group of New York judges fighting forced retirement, Young Conaway represented plant-based restaurant chain By Chloe as it filed for bankruptcy, and other work from midsize firms.
2 minute read

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