Bankruptcy Law
1145 ABA Journal Bankruptcy Law articles.
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
Stroock & Stroock & Lavan is in a “precarious position” following the loss of one of its two crown jewels—its bankruptcy and restructuring group—to Paul Hastings
this spring, according to an analysis
by Law.com.
Jun 8, 2022 3:25 PM CDT
A U.S. bankruptcy trustee is objecting to the hiring of a Hogan Lovells partner who would charge nearly $2,500 per hour to handle appeals in the Chapter 11 case of a Johnson & Johnson subsidiary.
May 25, 2022 8:31 AM CDT
The bankruptcy trustee for LeClairRyan has reached a $21 million settlement with the company that she accused of helping to further plunge the law firm into insolvency.
May 18, 2022 8:41 AM CDT
SCOTUS agrees to hear 3 new cases
The U.S. Supreme Court on Monday agreed to hear cases on overtime pay, nursing home lawsuits and erased bankruptcy debt. The cases are:
…
May 6, 2022 4:25 PM CDT
A former paralegal at Saul Ewing Arnstein & Lehr in Chicago has pleaded not guilty to allegations that she embezzled more than $600,000 while working on bankruptcy matters at the…
May 6, 2022 4:10 PM CDT
Forty-three restructuring lawyers, including 18 partners, are leaving Stroock & Stroock & Lavan to join Paul Hastings in what is one of the largest lateral group moves of the 21st century.
Apr 1, 2022 9:59 AM CDT
Offer rates climb for summer associates
Offer rates for summer associate spots last year reached their highest mark since 2007, according to a report released Tuesday by the National Association…
Mar 4, 2022 2:18 PM CST
A bankruptcy judge in Delaware ruled last week that car rental company Hertz can’t seal information on the number of police reports that it filed against customers.
Feb 15, 2022 10:27 AM CST
Updated: Lawyers in Iowa and Virginia have been sanctioned for their association with a national bankruptcy law firm accused of using high-pressure tactics to sign up clients.
Feb 14, 2022 1:59 PM CST
BigLaw bankruptcy practices suffered a big downturn last year as fewer large companies sought bankruptcy protection.
Feb 14, 2022 8:46 AM CST
A Wisconsin lawyer can’t use bankruptcy to avoid an order to pay the costs of an ethics proceeding against him, a federal appeals court ruled Monday.
Feb 9, 2022 11:20 AM CST
A bankruptcy judge had no statutory authority to shield the Sackler family—which owns debtor Purdue Pharma—from civil lawsuits related to the drugmaker’s marketing of the opioid OxyContin, a federal judge ruled Thursday.
Dec 17, 2021 10:40 AM CST
New York City real estate lawyer Mitchell Kossoff is expected to plead guilty as soon as this week to allegations that he stole millions of dollars in clients’ escrow money.
Dec 7, 2021 3:00 PM CST
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