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Expert Analysis

7 Steps To Take Before Responding To Claim Objections

When counsel is notified of an objection to the proof of claim in a bankruptcy case, they should contact the clien... (more story)

Tips For Handling Single Asset Real Estate Bankruptcy Cases

Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset ... (more story)

How Methods Are Evolving In Textualist Interpretations

Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surv... (more story)

Large Cap More

Yellow Corp's Bid To Ax $7.8B Pension Liability Rejected

A Delaware bankruptcy judge sided with the Pension Benefit Guaranty Corp. in its dispute with trucking firm Yellow Corp. over $7.8 billion in retirement fund withdrawal liability, ruling Friday that special fe... (more story)

Trio Of BigLaw Mergers Expected To Drive More Deal Talks

After months of a relatively steady pace of law firm mergers and acquisitions, the trio of proposed BigLaw tie-ups announced in recent days will likely spur more firms toward entertaining similar deal talks, e... (more story)

Mayer Brown Bankruptcy Ace Jumps To Pashman Stein In NJ

Pashman Stein Walder Hayden PC has bolstered its bankruptcy practice in New Jersey with the addition of a partner from Mayer Brown LLP along with two associates, expanding the firm's roster in a state known fo... (more story)

UK Litigation Roundup: Here's What You Missed In London

This past week in London has seen a football agent sue Chelsea FC after being cleared of allegations he threatened the club’s former director, an ongoing patent dispute between Amgen and Regeneron Pharmaceutic... (more story)

8th Circ. Nixes $563M Verdict Against BMO Harris Over Ponzi

The Eighth Circuit on Thursday struck down a $563 million verdict against BMO Harris NA over claims that a bank it acquired had aided and abetted Thomas J. Petters' multibillion dollar Ponzi scheme, ruling tha... (more story)

Steward Health Care CEO Faces Contempt For No-Show

A Senate committee said it would vote next week to hold now-bankrupt Steward Health Care CEO Dr. Ralph de la Torre in contempt after he failed to comply Thursday with a subpoena ordering him to testify at a hearing.

Feds Eye Nixing Girardi's Ill. Case After Calif. Theft Conviction

The federal government might drop its criminal charges in Illinois against disbarred attorney Tom Girardi following his recent conviction in California on similar charges of stealing millions from clients, a p... (more story)

Navient Agrees To Pay $120M To End CFPB Student Loan Case

Navient Corp. would be barred from servicing federal student loans and required to pay $120 million to settle allegations related to its student lending practices under a proposed settlement the Consumer Finan... (more story)

Litigation Spending To Rise As Cases Grow More Aggressive

A substantial number of large companies are expecting to increase their litigation spending by double digits next year in the face of more complex and hard-fought cases — and they are more open to bringing in ... (more story)

Hertz Noteholders Entitled To $270M Interest, 3rd Circ. Rules

Unsecured noteholders from Hertz's bankruptcy are entitled to roughly $270 million in interest as a so-called make-whole payment, a Third Circuit panel decided in a split ruling overturning a bankruptcy court ... (more story)

Mid Cap More

SEC Fines Zymergen $30M Over Misleading Pre-IPO Claims

Now-shuttered biotechnology company Zymergen Inc. has agreed to pay a $30 million fine to settle U.S. Securities and Exchange Commission allegations that it misled investors in its initial public offering when... (more story)

Philly's Defunct University Of The Arts Files For Ch. 7

Philadelphia's University of the Arts, which abruptly closed in June, filed for Chapter 7 liquidation Friday in Delaware bankruptcy court, roughly two weeks after nearby Temple University said it would not mov... (more story)

Property Developer Claims To Be Target Of Legal 'Vendetta'

The director of a defunct property developer has hit back against a claim that accuses him of breaching his duties to the company, as he argued that the "vexatious" case was brought as part of a "vendetta" by ... (more story)

EU Probes Bankrupt German Racetrack Sale After Court Loss

The European Commission relaunched an investigation Thursday into whether Germany supplied illegal state aid in the sale of the Nürburgring motorsports complex after the European Union's top court struck down ... (more story)

Boutique Litigation Firm Esbrook Adds Office In Delaware

Boutique litigation firm Esbrook PC is opening the doors on a new Delaware office with a former Rosner Law Group attorney at the helm, a move that Esbrook says will help it better assist clients embroiled in d... (more story)

Digital Media Solutions Hits Ch. 11 With Plans To Sell

Digital advertising firm Digital Media Solutions filed for Chapter 11 protection in a Texas bankruptcy court with eyes toward a sale process that would have its prepetition lenders acting as lead bidders for a... (more story)

TD Bank To Pay $28M Over Consumer Reporting Failings

The Consumer Financial Protection Bureau hit TD Bank with a $20 million fine on Wednesday for its failures over inaccurate consumer credit reports and ordered it to pay nearly $8 million to customers, four yea... (more story)

BurgerFi Flips Into Ch. 11, Burned By Rising Costs

BurgerFi International Inc., the fast casual chain that also has Anthony's Coal Fired Pizza & Wings restaurants under its umbrella, filed for Chapter 11 protection in Delaware on Wednesday, listing up to $500 ... (more story)

Blink Fitness Lands $105M Bid From PureGym

Bankrupt gym chain Blink Fitness landed a stalking horse bid from a unit of U.K.-based global gym operator PureGym Ltd. that sets a $105 million floor price for a Chapter 11 auction set to be held later this m... (more story)

King & Spalding Expands In Texas With V&E, Skadden Attys

King & Spalding LLP has strengthened two of its Lone Star State offices with the addition of a veteran litigator from Vinson & Elkins LLP and a Skadden Arps Slate Meagher & Flom LLP attorney who specializes in... (more story)