Gol Linhas, Noteholders Ink $125M Ch. 11 Exit Finance Deal

By Rick Archer

Brazilian budget airline Gol Linhas announced Thursday it struck a deal in which a group of its noteholders agreed to reverse its opposition to the company's restructuring proposal and supply an additional $125 million in financing when the debtor exits Chapter 11.

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Paul Hastings, GenapSys Settle Calif. Legal Malpractice Suit

By James Mills

The legal malpractice suit in which gene sequencing company GenapSys Inc. argued Paul Hastings LLP caused GenapSys' bankruptcy appears to have been settled.

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High Court Urged To Skip $272M Hertz 'Solvent Debtor' Appeal

By Clara Geoghegan

Wells Fargo has urged the U.S. Supreme Court to reject Hertz's appeal of a Third Circuit ruling that the car rental giant owes $272 million in make-whole payments and interest to noteholders following a Chapter 11 case it launched in 2020.

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J&J Talc Unit Says New Doc 'Key' To Talc Study Libel Suit

By George Woolston

A Johnson & Johnson talc unit has asked a New Jersey federal court to reinstate its libel suit over a scientific article linking talcum powder to mesothelioma, arguing that newly discovered evidence shows statements in the article are false.

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Unlockd Tells 9th Circ. Google Harms Ad Market Competition

By Gina Kim

A defunct advertising app that alleged Google's decision to boot it from the Google Play Store harmed market competition for digital advertising asked the Ninth Circuit to reinstate its claims, arguing Wednesday the lower court wrongly concluded that eliminating a "nascent competitor" in a large market didn't rise to antitrust injury.

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Texas Trucking Co. Hits Ch. 11 With Over $25M In Debt

By Yun Park

Balkan Express, a transportation company based in Fort Worth, Texas, has launched a bankruptcy case with debt exceeding $25 million.

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E-Commerce Service Provider Digital River Files For Ch. 7

By Yun Park

Digital River Marketing Solutions Inc., an e-commerce services firm based in Minnesota, filed for Chapter 7 on Thursday, citing approximately $45.2 million in secured debt and less than $50,000 in assets.

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J&J's Failed 3rd Try Casts Doubt On Use Of 'Texas Two-Step'

A Texas bankruptcy court recently rejected Johnson & Johnson's third attempt to use Chapter 11 to resolve liabilities from allegations of injuries from using talcum powder, suggesting that the U.S. Supreme Court's limitations on nondebtor releases, from 2024's Purdue Pharma ruling, may prove difficult to evade, say attorneys at Cadwalader.

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Negotiating Triparty Hotel Agreements To Withstand Risk

Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

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Series

Teaching College Students Makes Me A Better Lawyer

Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.

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Attys Join Nationwide 'Day Of Action' Rallies For Rule Of Law

By Ryan Boysen and Jack Rodgers

Thousands of attorneys gathered at rallies across the country on Thursday to oppose what they called the Trump administration's "assault" on the rule of law — a rare public demonstration for the normally buttoned-down and risk-averse professionals that they said "sounds the alarm of a looming constitutional crisis."

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Analysis

Hair, Makeup, Legal: The Lawyering Behind The Met Gala

By Theresa Schliep

While the red carpet arrivals of the biggest names in the entertainment industry are sure to win the most attention at the Met Gala on Monday, attorneys also play a significant role in advising the brands and celebrities at the center of fashion's biggest night.

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20 Former Federal Judges Launch Group To Defend Judiciary

By Jake Maher

Twenty former federal district and circuit judges on Thursday launched a coalition to speak out about and defend the federal judiciary as political impeachment attempts against judges increase and the federal courts system faces heightened scrutiny.

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GOP Seeks To Stop 'Frivolous Lawsuits' With Reconciliation

By Courtney Bublé

The House Judiciary Committee approved along party lines a proposal they say will prevent "frivolous lawsuits" by barring courts from enforcing contempt citations for failure to comply with injunctions if the plaintiff has not posted a bond for litigation costs.

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5 Fed. Circ. Clashes To Watch This Month

By Ryan Davis

The Federal Circuit's argument calendar for May includes appeals of two nine-figure patent verdicts — one against Apple and one against Medtronic — and Roku's bid to revive its remote control patent suit at the U.S. International Trade Commission after a loss tied to the commission's domestic industry requirement.

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Senate Panel Delays A Vote On Martin Nomination For US Atty

By Courtney Bublé

The Senate Judiciary Committee on Thursday held off for now a vote to call for a hearing on Ed Martin's nomination for U.S. attorney for the District of Columbia, a move Democrats say would allow more time to review his record and, they hope, convince enough Republicans to help them block his nomination.

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Ex-Exec's Claims Against Dechert Still No Good, 2nd Circ. Told

By Pete Brush

A North Carolina trade executive's latest trip to the Second Circuit in his quest to win damages for alleged hacking by a private investigator on Dechert LLP's behalf should end like the others, with a dismissal, defense counsel argued Thursday.

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New Bill Holds Judges Accountable Even After They Retire

By Hailey Konnath

A Georgia Congressman on Thursday introduced legislation that would ensure misconduct complaints against judges would still be investigated, even if the judge has resigned, retired or even died.

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Colo. Judge Resigns Amid Allegations Over Misuse Of Bench

By Thy Vo

A Colorado state judge resigned on Wednesday amid a disciplinary complaint accusing him of misusing his position to help a former client that he exchanged sexual and flirtatious texts with, telling an independent panel in a brief that it no longer needs to hear a disciplinary case against him.

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The Top In-House Hires Of April

By Michele Gorman

Legal department hires over the past month included high-profile appointments at FanDuel's parent company, American Airlines and soda business Swig. Here, Law360 Pulse looks at some of the top in-house announcements from the first full month of spring.

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