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March 05, 2024 | The American Lawyer

Kirkland, Weil Contribute to 118% Uptick in Commercial Chapter 11 Filings

Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
March 05, 2024 | New Jersey Law Journal

NJ Work Contributed to 118% Uptick in Commercial Chapter 11 Filings

Collectively, the firms took on nearly 300 debtor retentions in two jointly administered bankruptcies.
2 minute read
October 25, 2023 | The American Lawyer

Kirkland & Ellis, Jackson Walker Continue Debtor-Side Dominance in Strong Q3 for Big Bankruptcy

Big Law bankruptcy practices are closing in on their best year since 2020.
3 minute read
October 05, 2023 | The American Lawyer

Commercial Bankruptcy Set to Rival 2020 If Current Trends Hold

Not since the global financial crisis have large corporate bankruptcies been as common as they are this year, according to a new report by New Generation Research.
3 minute read
August 03, 2023 | The American Lawyer

Kirkland & Ellis, Jackson Walker Dominate Debtor-Side Bankruptcy as Restructuring Market Heats Up

Corporate filings are rebounding after two slow years, with Kirkland and its Texas-based dance partner leading the way.
3 minute read
June 27, 2023 | National Law Journal

Appellate Ruling Underscores Divide on Limits of Bankruptcy Protections

Judges are divided on the use of the "Texas two-step," in which companies facing potential mass tort liability attempt to gain Chapter 11 protection from claims.
6 minute read
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 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

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