Uniroyal Gets Approval For Retiree Committee In Ch.11
A New Jersey bankruptcy judge Monday granted a motion from a legacy unit of defunct tire maker Uniroyal for the creation of a committee of retired employees in its Chapter 11 case to address 35,000 asbestos in... (more story)
Jackson Walker, Trustee Agree On $15M Romance Settlement
Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judg... (more story)
Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told
Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florid... (more story)
TPx's $73.5M DIP Gets Final OK After Ch. 11 Committee Deal
A Texas bankruptcy judge gave final approval to TPx Communications' $73.5 million debtor-in-possession loan on Monday after the information technology services provider reached an agreement with its unsecured ... (more story)
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.
Papaya Gaming Files Ch. 15 To Shield Against $719M Verdict
Israeli mobile gaming company Papaya Gaming, which runs millions of Solitaire and Bingo tournaments every day, filed a Chapter 15 bankruptcy petition in a Delaware court after being hit with a $719 million jud... (more story)
EchoStar Unit Hughes Satellite Hits Ch. 11 With $1.5B In Debt
Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, has filed for Chapter 11 protection in Texas bankruptcy court with about $1.5 billion in funded debt.
Law360 Names 2026's Top Attorneys Under 40
Law360 is pleased to announce the Rising Stars of 2026, our list of more than 160 attorneys under 40 whose legal accomplishments belie their age.
Del. Supreme Court Ends J&J Bid To Preserve Asbestos Data
The Delaware Supreme Court on Friday reversed a Chancery Court ruling that had allowed Johnson & Johnson, Dow Chemical and other major asbestos defendants to pursue a novel effort to stop bankruptcy trusts fro... (more story)
Uniroyal Legacy Unit Files Ch. 11 To Handle Asbestos Claims
A legacy unit of defunct tire maker Uniroyal filed for Chapter 11 protection on Friday in New Jersey to address 35,000 asbestos injury claims and hand over administration of ongoing retiree benefit programs.