Expert Analysis

Rethinking 'No Comment' For Clients Facing Public Crises

“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and... (more story)

How Design Thinking Can Help Lawyers Find Purpose In Work

Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a ju... (more story)

Competitive Weightlifting Makes Me A Better Lawyer

The parallels between the core principles required for competitive weightlifting and practicing law have helped me... (more story)

Large Cap More

Epiq Explains Ballot Flip In J&J Talc Unit's $10B Ch. 11 Plan

A Texas bankruptcy judge Tuesday heard how a claims agent accepted a ballot that flipped some 11,000 already cast votes on the Chapter 11 plan of Johnson & Johnson's talc liability unit.

Alex Jones Asks To Maintain Stay On Sandy Hook Payment

Infowars founder Alex Jones told the Connecticut Appellate Court that he shouldn't be forced to pay the judgment that Sandy Hook families won in their long-running defamation case as he awaits a review by the ... (more story)

NY AG Probe Latest Headache For Crumbling Property Empire

Following New York's passage of a tenant-friendly rent law in 2019, a spate of distressed Emerald Equity Group LLC properties are facing foreclosure or bankruptcy. Now, scrutiny by the state Attorney General's... (more story)

Purdue Gets Time To Document New $7.4B Ch. 11 Settlement

Counsel for bankrupt drugmaker Purdue Pharma received approval Tuesday for an extension of a mediation window during which litigation against nondebtors is paused after telling a New York judge that it has rea... (more story)

Ex-Judge Hopes To Avoid Testimony In Atty Romance Probe

Former Texas bankruptcy judge David R. Jones said Monday that he's been talking with the U.S. Trustee with the aim of avoiding "live trial testimony" in the probe of his undisclosed romantic relationship with ... (more story)

Claimant Attys Explain J&J Ch. 11 Plan Vote Switch

An attorney whose firm represented about 11,000 talc injury claimants told a Texas bankruptcy judge Monday about the process by which he cast ballots for his clients in favor of the $10 billion Chapter 11 plan... (more story)

La. Environmental Suits Not Discharged In Texaco's Old Ch. 11

A New York bankruptcy judge has allowed Texaco to reopen its 37-year-old bankruptcy case to adjudicate environmental cleanup lawsuits worth up to $100 million filed by Louisiana government entities but decline... (more story)

Seyfarth Hires Veteran Bankruptcy Atty For Chicago Office

Seyfarth Shaw LLP hired a veteran bankruptcy and commercial litigation attorney as a partner for the restructuring and insolvency team in its Chicago office, the firm has announced.

Wellpath Delays Chapter 11 Exit To Buy Time For Creditor Deal

Wellpath will delay confirmation of its Chapter 11 plan by two weeks to buy time to work through objections to the reorganization of its prison healthcare business, attorneys told a Texas bankruptcy judge Monday.

Purdue's New Ch. 11 Plan Sidesteps Nonconsensual Releases

Mediators helping to craft a new settlement in the case of bankrupt OxyContin maker Purdue Pharma LP said in their latest update in New York bankruptcy court that the company's revised deal does not contain no... (more story)

Mid Cap More

Drinks Co. Ex-CEO Files $732M Sanctions Motion Against Firm

The former CEO of an energy drinks company on Tuesday urged a Florida state court to impose $732 million in sanctions against a law firm in a legal fees dispute, saying its attorneys' litigation misconduct cau... (more story)

Biora Therapeutics Gets OK To Take $30M Ch. 11 Asset Bid

A Delaware bankruptcy judge on Tuesday gave biotech company Biora Therapeutics Inc. the go-ahead to accept a $30 million credit bid for its assets after secured and unsecured creditors agreed to revise a relat... (more story)

Dental Co. Biolase Drills Down On Unopposed Ch. 11 Plan

A Delaware bankruptcy judge on Tuesday OK'd the Chapter 11 plan of dental technology maker Biolase Inc., which was fully consensual following changes to gain the approval of the U.S. Trustee and the official c... (more story)

Landscaping Plant Farmer TreeSap Hits Ch. 11 With Sale Plans

A Texas bankruptcy judge on Tuesday agreed to give interim approval for landscaping plants grower TreeSap Farms LLC to access $14 million of its debtor-in-possession financing, which it hopes to use to turn it... (more story)

Battery Startup iM3NY Strikes Deal With Creditors In Ch. 11

Lithium-ion battery maker iM3NY has reached a settlement with its unsecured creditors' committee, avoiding a fight over converting the case to a Chapter 7 liquidation after the creditors objected to the debtor... (more story)

High Court Won't Hear Bankruptcy 'Safe Harbor' Dispute

The U.S. Supreme Court declined Monday to hear a dispute over what transactions are protected from clawback by a trustee, leaving in place a Second Circuit decision finding that the U.S. Bankruptcy Code's safe... (more story)

Real Estate Recap: 'Park Ave' Effect, Federal Leases, Atty Hires

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a fourth-quarter "Park Avenue Phenomenon" seen by top brokerages, industry reaction to the potential federal... (more story)

Prime Core Crypto 'Hopelessly Commingled,' Plan Admin Says

Counsel for the administrator of cryptocurrency custodian Prime Core's Chapter 11 wind-down plan on Friday defended its decision to treat the debtor's cryptocurrency as property of the estate, even when it cam... (more story)

First Horizon Says Ex-CEO Is Dropping Claims To Avoid Loss

First Horizon Bank told a Florida federal judge that a former bank CEO cannot drop claims against individual bank directors to shield himself from an inevitable adverse judgment in the suit, which accused the ... (more story)

'Unsupported Conclusions' Doom Ad App Suit Against Google

A California federal judge has permanently tossed an antitrust suit accusing Google of kicking a now-defunct advertising app maker out of the Play Store in order to squelch a potential digital advertising riva... (more story)