Bankruptcy Law
1143 ABA Journal Bankruptcy Law articles.
A federal appeals court has dismissed a petition for Chapter 11 bankruptcy filed by a new unit of Johnson & Johnson that was formed to assume liabilities in litigation over talc contained in its baby powder.
Jan 31, 2023 10:09 AM CST
Updated: A Connecticut judge has declined to sanction a Texas lawyer representing Infowars host Alex Jones for failing to take proper action after his paralegal mistakenly released confidential documents to the opposing counsel.
Jan 19, 2023 9:41 AM CST
A bankruptcy judge in Colorado has suspended a Denver lawyer from practicing before the court for three years as a sanction for “egregious lawyer misconduct” that included asking his clients to infect the trustee with COVID-19 or another “nasty disease.”
Jan 12, 2023 12:38 PM CST
A lawyer has failed to persuade a federal appeals court that his missed deadline should be excused because of his difficulty filing a complaint with an electronic case filing system.
Dec 21, 2022 12:30 PM CST
Indicted cryptocurrency exchange FTX founder Samuel Bankman-Fried is accusing Sullivan & Cromwell of pressuring him to seek bankruptcy protection for his company and filing documents nominating a new CEO after he tried to withdraw permission.
Dec 15, 2022 1:01 PM CST
The founder of cryptocurrency exchange FTX is facing criminal and civil securities charges in connection with an alleged $1.8 billion fraud for touting FTX Trading as a safe platform for crypto asset trading while diverting investor money to his privately held hedge fund.
Dec 13, 2022 10:34 AM CST
Kirkland & Ellis charges clients more for in-house copying services that do other BigLaw firms, according to a review of bankruptcy filings.
Nov 8, 2022 8:57 AM CST
A bankruptcy judge in New Orleans has imposed a $400,000 sanction on a lawyer who represents victims of priest abuse for hinting about allegations against a Catholic priest in violation of a protective order.
Oct 17, 2022 8:54 AM CDT
Infowars host and founder Alex Jones called the $965 million verdict against him a “joke” during his broadcast Wednesday and suggested that defamation plaintiffs who sued him for lying about the 2012 Sandy Hook shooting massacre in Connecticut won’t be able to collect.
Oct 13, 2022 10:30 AM CDT
A bankruptcy trustee has filed a lawsuit alleging that Baker & Hostetler helped a client commit “blatant insurance fraud" and cause several companies to wrongly pay more than $100 million in rebates to pharmacy benefit managers that managed patients' insurance.
Oct 5, 2022 2:49 PM CDT
A court-ordered auction of items from
disbarred lawyer Tom Girardi’s California mansion yielded nearly $500,000 that will be used to help pay creditors in the bankruptcy of his personal estate.
Sep 26, 2022 12:41 PM CDT
Sep 6, 2022 4:15 PM CDT
Updated: A lawyer for the parents of a child killed in the 2012 Sandy Hook shooting massacre in Newtown, Connecticut, confronted Infowars host Alex Jones on Wednesday with information from texts said to be mistakenly sent by Jones’ lawyers.
Aug 4, 2022 9:24 AM CDT
In recent years, Purdue Pharma, USA Gymnastics and Boy Scouts of America have filed for Chapter 11 bankruptcy to avoid civil liability. But it is J&J’s use of a 1989 Texas statute on divisive mergers that is facing scrutiny in federal courts and in Congress.
Aug 1, 2022 12:50 AM CDT
A professor talks to the ABA Journal’s Victor Li about New York-based company Upsolve’s lawsuit regarding UPL rules and access-to-justice issues in general.
Jun 15, 2022 8:33 AM CDT
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