Expert Analysis

8 Childhood Lessons That Can Help You Be A Better Attorney

A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons fr... (more story)

3rd Circ. Hertz Ruling Highlights Flawed Bankruptcy Theory

The Third Circuit, in its recent Hertz bankruptcy decision, became the latest appeals court to hold that noteholde... (more story)

Playing Diplomacy Makes Us Better Lawyers

Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — ar... (more story)

Large Cap More

Morris Nichols Welcomes 3 Recent Law Clerks To Its Roster

Delaware firm Morris Nichols Arsht & Tunnell LLP announced Thursday that it had hired three attorneys who recently completed judicial clerkships.

Wheel Maker Accuride Hits Ch. 11 Again With Up To $1B Debt

Wheel manufacturer Accuride Corp. has filed for Chapter 11 protection in Delaware bankruptcy court with up to $1 billion of debt and an agreement to restructure its U.S. business, saying supply chain snarls an... (more story)

EV Maker Fisker Hits Speed Bumps On Ch. 11 Exit Path

Electric-car manufacturer Fisker Inc. met strong resistance Wednesday as it argued for confirmation of its plan to liquidate through bankruptcy, with two federal agencies and a buyer of the company's vehicles ... (more story)

Bally Sports Owner Approved For New Ch. 11 Plan Disclosure

The parent company of Bally Sports-branded regional sports networks received approval Wednesday from a Texas bankruptcy judge for the disclosure statement tied to an amended Chapter 11 plan that will reorganize the business.

Sanctioned NJ Firm Asks To Exit $374M Guo Ch. 11

Four attorneys for associates of convicted fraudster Miles Guo in his Chapter 11 bankruptcy — whose law firm was sanctioned in the proceedings — have urged Connecticut's bankruptcy court to let them leave the ... (more story)

Sullivan & Cromwell Dropped From FTX Investor Suit

FTX customers dismissed Sullivan & Cromwell LLP from ongoing multidistrict litigation over the crypto exchange's collapse on Wednesday, after an investigation by the customers' counsel into the firm and dialog... (more story)

Girardi Seeks New Fraud Trial Over Memory Issues

Disbarred attorney Tom Girardi has called on a California federal court to overturn his conviction for misappropriating $15 million in client settlement funds, arguing he was not competent to stand trial due t... (more story)

Judge Puts US Trustee's Depo On Ice In Judge Romance Suit

A Houston judge Tuesday put Jackson Walker's deposition of the U.S. Trustee for the Texas divisions of the bankruptcy watchdog on hold while he considers whether a Justice Department guideline applies to the o... (more story)

Ex-Girardi Keese CFO Inks Plea Deal Over Firm Embezzlement

Girardi Keese's former Chief Financial Officer Christopher K. Kamon reached a plea agreement Tuesday with Los Angeles federal prosecutors, who allege he spearheaded a "side fraud" that bilked millions of dolla... (more story)

FTX's Ellison To Give Up 'Substantially All Of Her Assets'

Former FTX insider Caroline Ellison agreed to give up "substantially all of her assets" and cooperate with the FTX bankruptcy estate in a deal to resolve the claims against her in an adversary proceeding that ... (more story)

Mid Cap More

Avante Health Parent Gets OK For $2.5M In Ch. 11 Financing

A Delaware bankruptcy judge on Thursday gave medical device sale and service business Avante Health Solutions permission to tap into $2.5 million in Chapter 11 financing and start down the road to a November s... (more story)

NY Diocese's Insurance Deal Wasn't Contract, Judge Says

A New York bankruptcy judge has dismissed a claim the Roman Catholic Diocese of Rochester broke a contract with Continental Insurance when it backed out of a proposed $63.5 million settlement of sexual abuse c... (more story)

Fulcrum Gets OK For $5M Ch. 11 Loan From Potential Buyer

Trash-to-gas innovator Fulcrum BioEnergy Inc. received final approval Wednesday from a Delaware bankruptcy judge for a $5 million debtor-in-possession loan from Las Vegas-based data center operator Switch Ltd.... (more story)

Singapore Liquidator Seeks Recognition For Overseas Case

The liquidator of a bankrupt Singapore company has told a New Jersey bankruptcy judge he needs to act to stop one of the company's creditors from using a U.S. lawsuit to undermine court proceedings in Singapore.

US Trustee Objects To Milbank Representing Edgio In Ch. 11

Milbank LLP should be removed as counsel for digital content delivery platform Edgio Inc. in its Chapter 11, the U.S. Trustee's Office told a Delaware federal judge, arguing the firm is conflicted because of i... (more story)

Medical Device Service Co. Hits Ch. 11 After Fight With Rival

The parent company of medical device sale and service business Avante Health Solutions filed for Chapter 11 protection in Delaware court, saying prepetition litigation with competitors drained significant reso... (more story)

1st Circ. Warned Not To 'Speculate' In Union Debt Ceiling Suit

A lawyer for a governmental workers' union challenging the constitutionality of the federal debt limit told a First Circuit panel on Tuesday that a January default is a virtual certainty under existing law, an... (more story)

Wiggin Adds Restructuring Practice Chair In NY

Wiggin and Dana LLP said Tuesday that it has hired a partner to chair the firm's newly organized restructuring practice in New York, as well as a new special counsel for that group.

Texas Class Wants Funding Firms To Face Hurricane Ad Suit

A Texas magistrate judge was wrong to recommend dropping litigation funding companies from a suit alleging a law firm deceptively advertised to hurricane victims, with a proposed class of storm victims arguing... (more story)

Music Label Says 2 Live Crew Songs Were Works For Hire

The owner of music label Lil' Joe Records took the stand Monday as he began to make the case that the members of hip-hop group 2 Live Crew were employees, not independent contractors, when they produced their ... (more story)