Weil Gotshal & Manges LLP's proposed wind-down could leave its London partnership with continuing obligations to clients, employees and creditors long after departing lawyers have joined rival firms, legal and regulatory s...(read more)

Gibson Dunn is set to hire the U.S. and London-based private funds teams from Weil Gotshal & Manges LLP, bringing on 120 attorneys in the largest group move reported since Weil's management committee recommended last week ...(read more)

The Federal Court of Australia heard Wednesday that Tom Wallace of Gibraltar Capital, the buyer of many former Public Hospitality pubs, is employing and acting as a lender to failed businessman Jon Adgemis, in a case exami...(read more)

Fourteen states, a U.S. senator from Missouri and others are urging the U.S. Supreme Court to reverse a Second Circuit decision overturning a New York judge's $16 billion judgment against Argentina in a case that arose fro...(read more)

The plan administrator in the Chapter 11 case of solar panel company SunPower told a Delaware bankruptcy judge Tuesday the $13 million tax underpayment claim lodged by a California state agency should be denied, contending...(read more)

Cancer drug developer Karyopharm Therapeutics Inc. on Tuesday secured a Texas bankruptcy judge's approval to borrow $25 million in Chapter 11 financing and solicit bids for its business, as the company looks to merge with ...(read more)

A Florida bankruptcy judge Tuesday agreed to allow luxury apartment building developer ZOM to tap $5 million of debtor-in-possession financing provided by an affiliate, after the debtor struck a temporary truce with an obj...(read more)

A federal judge Tuesday said he was not inclined to rule just yet on a motion to compel documents and other discovery material related to the closure and attempted renaming of the John F. Kennedy Center for the Performing ...(read more)

A federal bankruptcy judge has ordered the Defense Logistics Agency to turn over $8.5 million in overdue payments to Noble Supply & Logistics, rejecting the government's attempt to freeze funds over as yet unproven fraud a...(read more)

Bryan Cave Leighton Paisner LLP announced Tuesday that it has promoted 15 lawyers to partner across eight offices in Europe and the U.S.

A Delaware bankruptcy judge has given West Virginia coal plant operator Omnis Pleasants the go-ahead to accept an approximately $353 million baseline bid for its assets in an auction to be held next week.

A team of lawyers from Pachulski Stang Ziehl & Jones LLP and KTBS Law LLP is leading the Chapter 11 case of Outback Steakhouse franchisee Cerca Trova Restaurant Group, which operates 61 franchised eateries in California an...(read more)

A Washington state judge has agreed to freeze a lawsuit accusing law firm Ashurst Perkins Coie of aiding and abetting a nearly $230 million Ponzi scheme, ordering the King County Superior Court litigation be put on hold pe...(read more)

The country's largest Outback Steakhouse franchisee received approval Tuesday from a Delaware bankruptcy judge to access part of a $5.5 million Chapter 11 loan so that it can meet an upcoming payroll obligation and keep fo...(read more)

A legacy unit of defunct tire maker Uniroyal received confirmation of its Chapter 11 plan Tuesday from a New Jersey bankruptcy judge, who overruled an objection from U.S. Trustee's Office to the proposal's opt-out mechanis...(read more)

FuturHealth, a weight loss-focused telehealth platform, can access $1.5 million of its $5 million debtor-in-possession loan, a Delaware bankruptcy judge said Tuesday, granting interim approval of the financing package as t...(read more)

A Texas bankruptcy judge has approved a proposal by Camp Mystic to appoint a pair of independent managers to handle the summer camp's bankruptcy and litigation stemming from a deadly 2025 flood.

A prominent co-leader of the real estate practice at Weil Gotshal & Manges LLP is joining Goodwin Procter LLP as his former firm begins to wind down operations, according to a Tuesday announcement.

Bankrupt former publican Jon Adgemis has told a Federal Court of Australia examination on Tuesday that he "can't recall" the details of his financial arrangements or the GST refunds of his sprawling Sydney pub empire and i...(read more)

Investors of now-bankrupt vaccine company Gritstone Bio Inc. have asked a California federal court to grant final approval to a $6 million settlement resolving claims that its former CEO failed to disclose the company's in...(read more)