Expert Analysis

A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this... (more story)

Synapse Bankruptcy Has Ripple Effects For Fintech Industry

Synapse Financial Technologies’ recent bankruptcy filing marks a significant moment in the fintech industry's evol... (more story)

Discount Window Reform Needed To Curb Modern Bank Runs

We learned during the spring 2023 failures that bank runs can happen extraordinarily fast in light of modern techn... (more story)

Large Cap More

Yellow Corp. Denied Redo In $137M Teamsters Fight

A Kansas federal judge held firm Monday on her decision to throw out Yellow Corp.'s $137 million lawsuit against the Teamsters, in which the trucking company accused the union of driving it into bankruptcy by ... (more story)

FTX Proposes $4B Settlement Of CFTC's Massive $52B Claim

FTX Trading Ltd. asked a Delaware bankruptcy judge to sign off on a settlement with the U.S. Commodity Futures Trading Commission, saying the agreement to allow the agency a $4 billion claim in its bankruptcy ... (more story)

J&J Agrees To Pay $505M In Talc Producers' Ch. 11

Talc mining companies Imerys and Cyprus Mines asked the Delaware bankruptcy court to approve a Chapter 11 settlement in which Johnson & Johnson would pay $505 million in cash and insurance proceeds into a talc... (more story)

PBGC Seeks Early Win In $7.8B Pension Fight In Yellow Ch. 11

The Pension Benefit Guaranty Corp. has filed a motion for partial summary judgment in the Chapter 11 case of trucking firm Yellow Corp., telling a Delaware bankruptcy judge the $7.8 billion dispute over Yellow... (more story)

Girardi Seeks 2-Month Delay For Client Theft Trial, To October

Disgraced lawyer Tom Girardi's defense attorneys want to push back his closely watched wire fraud trial to October from its current August start date, claiming they've been "misled" by "sharp-elbowed" federal ... (more story)

Judge OKs Professional Fees In WOM Noteholder Deal

A Delaware bankruptcy judge Monday approved a deal to end attempts by WOM SA noteholders to dismiss the Chilean telecommunications company's Chapter 11 case, overriding objections to the payment of $10 million... (more story)

Rising Star: Morrison Foerster's Andrew Kissner

Andrew Kissner of Morrison Foerster has represented bondholders in the lengthy and novel bankruptcy of the Puerto Rico commonwealth and was recently recognized for his more than 1,000 hours of pro bono service... (more story)

Law360 Names 2024's Top Attorneys Under 40

Law360 is pleased to announce the Rising Stars of 2024, our list of 158 attorneys under 40 whose legal accomplishments belie their age.

Judge Denies Go-Ahead For Suit Over Invitae Refi Deal

A Delaware bankruptcy judge on Friday told the unsecured creditors of Invitae that they had not shown it was worthwhile to allow them to challenge the bankrupt genetic testing company's 2023 debt refinancing.

Guo Trial Juror Booted For Googling Fugitive Co-Defendant

The jury in Chinese dissident Miles Guo's $1 billion fraud and racketeering case was forced to restart its verdict deliberations on Friday after a juror was cut loose for Google-searching Guo's fugitive financ... (more story)

Mid Cap More

Rue21 Bankruptcy Dismissed After Exculpations Trimmed

Teen apparel retailer rue21 received approval Monday to dismiss its Chapter 11 case after it agreed to narrow who would be protected from potential legal liability as it winds down.

Mogul's Co. Drops Bid To Stop Insurer's Liquidation

A company owned by convicted insurance mogul Greg Lindberg wants to end a fight against North Carolina's liquidation of an insurer, saying that it desires to withdraw its case in the state Court of Appeals.

Judge Will OK Ch. 15 Recognition For SouthRock's Insolvency

A Texas bankruptcy judge said Monday he will grant SouthRock Capital Ltda., a Brazilian private equity company that operates international food brands including Starbucks and TGI, U.S. recognition of its forei... (more story)

San Diego Diocese Heads Toward Mediation In Ch. 11

Lawyers for the Roman Catholic Diocese of San Diego told a California bankruptcy judge Friday that the diocese is hoping to kick off new mediation efforts as it works to resolve more than 450 sexual abuse laws... (more story)

Giuliani's Ch. 11 Tossed Over Lack Of Financial Candor

Rudolph W. Giuliani, former mayor of New York City and legal adviser to Donald Trump, had his Chapter 11 case dismissed Friday by a New York bankruptcy judge, who found that Giuliani's missing financial disclo... (more story)

Cigna Objects To Ch. 11 Nursing Home Asset Sale Proposal

Cigna Health and Life Insurance Co. asked a Pennsylvania bankruptcy judge to reject a sale process proposed by some of the debtors in a Pittsburgh-area nursing home network's consolidated Chapter 11 case, sayi... (more story)

Texas Pipe Distributor Can Use Cash Collateral In Ch. 11

A Texas bankruptcy judge Thursday told pipe distributor Tubular Synergy Group LP he would carefully monitor its use of its main lender's cash collateral to continue to do business, while he approved a slate of... (more story)

Sorrento Investors Rip Atty Fee Requests Over 'Scant' Results

A group of Sorrento Therapeutics Inc. shareholders has asked a Texas bankruptcy judge to reject $50 million in fee applications by lawyers for the drug developer, charging that the Chapter 11 case has been a "... (more story)

Syracuse Diocese To Notice Creditors On Ch. 11 Releases

Lawyers for the Diocese of Syracuse said they've come up with a process to collect creditor consent for third party releases in an already voted on reorganization plan, telling a New York bankruptcy judge Thur... (more story)

CLO Holder Can't Duck Portfolio Manager's Feud Just Yet

A New York federal court has refused to finalize a February decision dismissing all claims against an investment scheme created to hold collateralized loan obligations whose liquidation is at the center of a s... (more story)