News and information on bankruptcy and bankruptcy law
By Brenda Sapino Jeffreys | January 12, 2024
A Texas man who sued former U.S. Bankruptcy Judge David Jones, alleging violation of his constitutional rights, has added Jackson Walker, Kirkland & Ellis and former Jackson Walker partner Elizabeth Freeman in a suit connected to an undisclosed romantic relationship between Jones and Freeman.
3 minute read
By Michael A. Mora | January 12, 2024
"If it's not in the license agreement, you do not have rights of exhaustion after the license agreement is terminated," said Kirk Villalon, a partner at Quintana Portal Villalon.
4 minute read
By Zack Needles | January 12, 2024
The news and analysis you need to start your day.
4 minute read
By Alaina Lancaster | January 11, 2024
Although advocates for these bankruptcy strategies say they can be more efficient routes to payouts for claimants, some attorneys say judges are likely to shut down these more novel uses of the bankruptcy code.
7 minute read
By Allison Dunn | January 11, 2024
"Conway ignored their ethical and contractual obligation to Smith, which is a basis of Smith's legal malpractice claim. It was improper for the trial court to resolve this issue in favor of Conway on summary judgment by finding that there was an implied contract for the Chapter 7 representation," Virginia Court of Appeals Judge Doris Henderson Causey wrote in a dissenting opinion.
5 minute read
By Amanda O'Brien | January 11, 2024
Pittsburgh-based shareholder James Newell will take over from Philadelphia-based Joe Dougherty in May.
2 minute read
By Dan Roe | January 10, 2024
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 minute read
By Jimmy Hoover | January 9, 2024
The Supreme Court's 2022 constitutional decision is in search of a 2024 remedy.
4 minute read
By Brad Jones | January 8, 2024
Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff's complaint. While the law is still developing, there are three important takeaways for trustees to consider.
6 minute read
By Jane Wester | January 5, 2024
In Friday's motion, Giuliani's attorney Gary Fischoff of Berger, Fischoff, Shumer, Wexler & Goodman emphasized that he was asking U.S. Bankruptcy Judge Sean H. Lane to lift the automatic stay for a "limited purpose."
2 minute read
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