Bankruptcy Law
1143 ABA Journal Bankruptcy Law articles.
US lawyer in Hong Kong sentenced to prison
Samuel Bickett, a U.S. lawyer in Hong Kong, has been sentenced to four months and two weeks in jail for intervening…
Jul 9, 2021 4:24 PM CDT
Boy Scouts of America strikes $850M deal
The Boy Scouts of America has agreed to pay $850 million to settle sex abuse claims by about 60,000 people. The group says…
Jul 2, 2021 4:10 PM CDT
A disbarred California lawyer can’t use a bankruptcy to discharge more than $2 million in debt that is owed to a fund used to reimburse his former clients, a federal bankruptcy judge has ruled.
Jun 17, 2021 12:19 PM CDT
Did a former Freeborn & Peters partner create a sham creditor to help his client shield assets in a bankruptcy? Or did he engage in a legitimate legal strategy to try to save a struggling business and help out a neighbor?
Jun 14, 2021 2:11 PM CDT
A lawsuit filed in Minnesota state court has alleged that the leader of a law firm ordered the firing of two employees for supporting former President Donald Trump and then ousted three partners who told him that his actions violated state law.
Jun 10, 2021 9:16 AM CDT
A lawyer who has been pursuing relief for student borrowers in bankruptcy court has decided to run for Congress in 2022 on a platform that includes reforming rules for cancellation of such debt.
Jun 1, 2021 4:18 PM CDT
The court overseeing the Boy Scouts of America bankruptcy case has appointed an examiner to review fees that have become a point of contention.
May 12, 2021 12:36 PM CDT
Judge tosses NRA bankruptcy petition
U.S. Bankruptcy Judge Harlin D. “Cooter” Hale of Dallas has dismissed a Chapter 11 petition filed by the National Rifle Association in its bid…
May 11, 2021 4:32 PM CDT
Three large law firms have agreed to reduce fee applications by $1 million in their bankruptcy representation of Purdue Pharma, the maker of the prescription pain medication OxyContin, after the U.S. trustee alleged a failure to disclose a common interest agreement.
May 3, 2021 12:01 PM CDT
Case management software for bankruptcy lawyers has been a burgeoning legal software category for a number of years, and there are now a few products available that cater to this practice area, writes lawyer Nicole Black of MyCase.
Apr 27, 2021 9:01 AM CDT
Legal woes are mounting for Kossoff name partner Mitchell Kossoff, who is facing lawsuits from clients alleging the theft of millions of dollars in escrow funds and the resignations of multiple lawyers from his New York City real estate law firm.
Apr 20, 2021 12:02 PM CDT
A former bankruptcy partner at Polsinelli claims that the firm denied him associate and administrative support, lowered his compensation, de-equitized his partnership, and replaced him with a younger, heterosexual woman, all because of his sexual orientation and age.
Apr 1, 2021 3:44 PM CDT
California judges must consider defendant’s ability to pay when setting bail, ruling says
The California Supreme Court ruled Thursday that it is unconstitutional to keep criminal defendants behind bars simply…
Mar 26, 2021 3:14 PM CDT
Ex-lawyer sentenced for failure to disclose ponies
A former Virginia lawyer has been sentenced to six months in prison for failing to disclose in a bankruptcy proceeding her family’s ownership…
Feb 9, 2021 4:43 PM CST
A federal judge in New Jersey has dismissed Cole Schotz’s claims against a former bankruptcy associate whom it had accused of revealing two confidential law firm documents and threatening to disclose even more.
Feb 2, 2021 3:48 PM CST
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