News and information on bankruptcy and bankruptcy law
By Dan Roe | January 31, 2024
The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
By Patrick Smith | January 29, 2024
The firm continues to be bullish on restructuring, almost two years after its raid of Stroock.
2 minute read
By Andrew Maloney | January 24, 2024
The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
5 minute read
By Andrew Maloney | January 24, 2024
The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.
5 minute read
By Amanda Bronstad | January 23, 2024
The amicus briefs, filed on Monday, support a petition from an claimants committee in the Bestwall LLC bankruptcy for the U.S. Supreme Court to reverse an injunction order blocking mesothelioma victims from pursing their asbestos lawsuits.
5 minute read
By Adolfo Pesquera | January 22, 2024
The Dallas Court of Appeals upheld a temporary injunction brought by an lawyer alleging invasion of privacy.
4 minute read
By Amanda Bronstad | January 22, 2024
In a Jan. 10 letter, U.S. Bankruptcy Chief Judge Michael Kaplan of the District of New Jersey asked the Federal Committee on Rules of Practice and Procedure to change a rule that prohibits bankruptcy judges from appointing special masters.
6 minute read
By Chad Van Horn | January 18, 2024
Thanks to a Federal Education Department and Department of Justice collaborative initiative launched in November 2022, borrowers can more easily discharge their student loans through bankruptcy. I've advocated for this simple fix for years, and I'm glad to see it in action, finally.
4 minute read
Delaware Business Court Insider
By Mark E. Felger and Simon E. Fraser | January 17, 2024
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the automatic stay of Section 362 of the Bankruptcy Code, even if the debtor does not suffer any actual damages as a result of the violation.
6 minute read
By Dan Roe | January 16, 2024
The bankruptcy practice is poised to exceed the highs of 2020 due to a confluence of factors, recently hired O'Melveny partner Julian Gurule said.
3 minute read
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