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Expert Analysis

Power To The Paralegals: An Untapped Source For Biz Roles

Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key... (more story)

Franchise Group Dispute Reflects Rising Intercreditor Suits

A recent complaint filed by senior creditors against junior creditors in the Franchise Group bankruptcy could embo... (more story)

Playing Poker Makes Me A Better Lawyer

Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because i... (more story)

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US Trustee Plans Appeal Of Gol Linhas Ch. 11 Plan Approval

The U.S. Trustee's Office indicated on Friday it will appeal a New York bankruptcy judge's order confirming the Chapter 11 plan of Brazilian airline Gol Linhas Aéreas Inteligentes SA after the judge overruled ... (more story)

Ex-McKinsey Exec Sentenced For Obstructing Purdue Probe

A Virginia federal judge has sentenced a disbarred attorney and former McKinsey & Co. partner to six months in prison for obstructing an investigation into the consulting giant's work with opioid manufacturer ... (more story)

Berkley Research Says It Should Not Be Penalized For Hack

Berkeley Research Group said Friday that it should not be penalized for a March hack of its computers that released potentially confidential information about Roman Catholic diocese bankruptcies nationwide bec... (more story)

Alex Jones Says $45.1M Sandy Hook Verdict Unconstitutional

Infowars host Alex Jones' newest attorneys have asked a Texas appeals court to overturn a $45.1 million defamation verdict awarded to Sandy Hook families, arguing the default judgment was unconstitutionally is... (more story)

'Circular Firing Squad' Is Stalling Romance Case, Judge Says

A Texas federal judge told Jackson Walker LLP and Kirkland & Ellis LLP that they were stuck in a "circular firing squad" in a debate over whether the former CEO of a defunct barge company could sue the firms o... (more story)

Senators Unveil DNA Privacy Bill Amid 23andMe's Ch. 11 Sale

A bipartisan group of U.S. senators on Thursday introduced a bill designed to safeguard customers' genetic information in bankruptcy cases, saying 23andMe's plan to sell users' DNA data to a pharmaceutical com... (more story)

Servicer, BNY Seek Exit From Mortgage Statement Suit

Bank of New York Mellon and a mortgage servicing company have urged a Massachusetts federal court to permanently dismiss a proposed class action accusing them of trying to collect on post-bankruptcy liens, say... (more story)

Ligado To Settle Dispute With Inmarsat Over AST Satellite Deal

Counsel for troubled satellite company Ligado Networks told a Delaware bankruptcy judge Thursday the debtor signed an agreement in principle with telecommunications firm Inmarsat that would clear objections to... (more story)

Purdue Eyes Fall Confirmation For New Chapter 11 Plan

Attorneys for Purdue Pharma told a New York bankruptcy judge Thursday that the company aims to send its Chapter 11 plan to a vote over the summer with a fall confirmation hearing to conclude the nearly 6-year-old case.

New Orleans Archdiocese Strikes $179M Abuse Deal

The committee representing sexual abuse claimants in the Chapter 11 case of the Roman Catholic Archdiocese of New Orleans that began five years ago has announced it reached a roughly $179 million settlement of... (more story)

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9th Circ. Upholds Ch. 13 Plan Against Debt Bifurcation Appeal

The Ninth Circuit rejected a mortgage lender's bid to overturn a California couple's bankruptcy plan, ruling their recalculated home value qualified them for Chapter 13 despite initial estimates exceeding the ... (more story)

JLM Couture Proposes $700K Private Ch. 11 Sale To Founder

Bridal dressmaker and retailer JLM Couture proposed a private sale of its assets late Thursday in Delaware court, saying it is running out of cash to fund its Chapter 11 case and has reached an agreement with ... (more story)

Battery Co. Li-Cycle Gets Ch. 15 Nod Amid Glencore Sale Bid

A New York bankruptcy judge on Friday granted Chapter 15 recognition to lithium battery recycler Li-Cycle and affiliates after overruling an objection from the U.S. Trustee's Office, as the Toronto-based debto... (more story)

5th Circ. Revives 'Unclean Hands' Defense In Ch. 13

A Louisiana homeowner can head back to bankruptcy court to try to discharge a $75,000 judgment against him from a contractor who said it was stiffed, a panel of the U.S. Court of Appeals for the Fifth Circuit has ruled.

Paper Biz Royal Interco Cleared For $180M Ch. 11 Sale

Arizona-based Royal Interco LLC, a supplier of private-label paper products to grocery chains including Trader Joe's and Aldi, received the Delaware bankruptcy court's permission Thursday to sell its assets to... (more story)

Nostrum Cleared for $1.75M Sale Of Ohio Drug Facility

Bankrupt drugmaker Nostrum Laboratories received approval from a New Jersey court for a $1.75 million sale of an Ohio facility after reaching an agreement with the buyer and lenders over the costs of removing ... (more story)

Silvergate Estate To Chip In For $37.5M Investor Settlement

Silvergate Capital and investors suing over its collapse have reached a $37.5 million deal with a "rare" source of partial funding to resolve claims that the failed crypto-focused bank misrepresented its safeg... (more story)

Procopio Expands In San Diego With Bankruptcy Specialist

Procopio Cory Hargreaves & Savitch LLP is expanding its team, bringing in a Henderson Caverly & Pum LLP bankruptcy pro as a partner in its San Diego office.

Trustee Alleges Developer Sold Gas Rights To Avoid Creditors

A bankrupt developer sold its oil and gas rights to an affiliated company for only $100 per parcel in order to keep them from becoming part of the bankruptcy estate, the estate's trustee has claimed in an adversary complaint.

US Trustee, Jackson Walker Might Mediate Fee Case

The U.S. Trustee's Office and Jackson Walker LLP told a Texas federal judge Thursday they are open to mediating the watchdog's bid to have the law firm forfeit fees from more than 30 cases overseen by a former... (more story)