The First Circuit threw out an 11-year prison term Wednesday for a Puerto Rican man convicted on 29 counts of fraud and other charges for posing as a bankruptcy lawyer to help parents get out of jail for missing child support payments, ruling that the sentence had been calculated under outdated guidelines.
A New York bankruptcy judge Thursday gave film studio Relativity Media LLC permission to sell its assets — including a long-contested Netflix distribution deal — to UltraV Holdings LLC for $40 million.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Patrick DiDomenico, chief knowledge officer at Ogletree Deakins Nash Smoak & Stewart PC.
A bankruptcy court finding that Bear Stearns & Co. Inc. acted in good faith when it repurchased securities from former debtor HomeBanc Mortgage Corp. in 2007 was upheld Tuesday when a Delaware federal judge said the lower court did not misapply the law or make errors of fact.
The ousted former CEO of Level Solar Inc.’s long-simmering bid to convert the defunct residential solar company’s Chapter 11 bankruptcy to a Chapter 7 liquidation began heating up again on Wednesday, as the federal bankruptcy watchdog echoed his concerns while a creditor objected to them.
The New York bankruptcy trustee for scandal-plagued Cambridge Analytica fought back against requests for documents made by Facebook users suing over the company’s alleged misuse of their personal data, calling the requests too vague and knocking them as a “backdoor effort” to circumvent the discovery process in their own suit.
Bankrupt solar cell maker Suniva Inc. can begin eviction proceedings against its largest unsecured creditor after a Delaware judge denied the creditor's bid Wednesday for a temporary restraining order that would have allowed its production equipment to remain in the debtor's Georgia facility.
Jilted creditors seeking to collect on a $63 million judgment against an American Realty Investors Inc. affiliate received a mixed-bag ruling on Tuesday, as a Texas federal judge tossed some of their fraudulent transfer and alter ego claims but kept others intact ahead of a likely trial.
A Manhattan jury convicted Norman Seabrook of bribery Wednesday, finding the once-powerful head of the Correction Officers' Benevolent Association favored now-bankrupt hedge fund Platinum Partners with $20 million of union capital in exchange for a man-purse stuffed with $60,000 in cash.
This global law firm has recently focused on creating opportunities for people with disabilities across its ranks, and its efforts are already showing results.
Bankrupt real estate venture Woodbridge Group of Cos. LLC on Tuesday told a Delaware bankruptcy court that an adversary complaint lodged by noteholders in its Chapter 11 case should be tossed because the noteholders don't have any liens on the property at the center of the dispute.
The liquidating plan of bankrupt specialty paper maker Appvion Inc. won court approval Tuesday in Delaware after receiving overwhelming support from creditors impacted by the plan.
A federal judge in Manhattan ruled Tuesday that an actress' sex trafficking suit against producer Harvey Weinstein can move forward, saying her allegations that Weinstein promised her a role and other opportunities so he could force her to perform sex acts are strong enough to advance.
Silicone maker Momentive Performance Materials Inc. and two investor group trustees filed legal briefs Monday ahead of a New York bankruptcy court trial over the proper interest rate that should attach to the company's Chapter 11 plan cramdown notes, a matter remanded by the Second Circuit last year.
The Third Circuit on Tuesday partially revived the claims of victims of asbestos-related ailments against the insurers of bankrupt mining company W.R. Grace & Co., saying the insurers may bear direct liability for the asbestos exposure.
A group of Woodbridge Group noteholders on Monday urged the Delaware bankruptcy court to reject Woodbridge's Chapter 11 plan disclosures, saying they don't take into account the potentially tens of millions in secured and administrative claims the noteholders say they hold.
A Manhattan federal judge told jurors mulling fraud and conspiracy counts against Norman Seabrook, the former labor boss accused of steering $20 million in union money to a hedge fund in exchange for a $60,000 bribe, to go back to work Tuesday after they quickly said they were unanimous on one charge but deadlocked on the other.
One of the country’s highest-profile litigators, the Boies Schiller Flexner LLP chairman was diagnosed with dyslexia when he was in his 30s. In an interview with Law360, he talks about practicing law with the learning disability.
Sometimes viewed as an “invisible” disability, mental illness has long been forced under wraps because of the risk attorneys could face bias and stigma. Here’s how lawyers, law firms and other groups are starting to take on the status quo.
A Delaware bankruptcy judge agreed to approve ActiveCare Inc.’s post-petition financing and plans for a $3.75 million stalking horse sale Monday after hours of negotiations to address unsecured creditors’ and the U.S. Trustee’s Office’s concerns the process was moving too quickly.
Justice Ruth Bader Ginsburg is everything she is cracked up to be — feminist icon, brilliant jurist, fierce dissenter. She is also an incredible boss, mentor and friend. Her advice has shaped how I have tried to balance building a career and raising children, says Rachel Wainer Apter, counsel to the New Jersey attorney general.
One of us was a clerk when Justice Ruth Bader Ginsburg read her Ledbetter dissent from the bench, inviting Congress to act, and the other clerked a few years later, when RBG's prominently displayed copy of the Lilly Ledbetter Fair Pay Act served as a daily reminder that dissents are not just for show, say Arun Subramanian and Mark Musico of Susman Godfrey LLP.
As clerks for Justice Ruth Bader Ginsburg, we learned early on that, when preparing a memorandum or draft opinion, it was essential to present any opposing argument in its strongest possible light. There is a lesson here for today's public debates, says Trevor Morrison, dean of NYU Law School.
In early July, the Seventh Circuit issued an important opinion in Illinois Department of Revenue v. Hanmi Bank, raising the possibility that out-of-the-money junior creditors might be entitled to share in the proceeds of a free-and-clear bankruptcy sale, even where the senior secured party is underwater, say Charles Tabb and Tamar Dolcourt of Foley & Lardner LLP.
I clerked for Justice Ruth Bader Ginsburg before the days of RBG bobbleheads and “You Can’t Spell Truth Without Ruth” T-shirts. I had no idea I would become a judge, and I feel lucky every day that I had the chance to learn from her, says California Supreme Court Justice Goodwin Liu.
A lot has changed since I clerked for Justice Ruth Bader Ginsburg 20 years ago. At that time, I had hair and no wife. I also thought I knew everything — but working for the justice made me realize very quickly that I actually knew very little, says Ninth Circuit Judge John Owens.
In 1993, Ruth Bader Ginsburg was confirmed to the U.S. Supreme Court, and I began my two-year clerkship with her. In her first opinion as a justice, and in dozens since, Justice Ginsburg reminded us how the law needs to operate if equality is to be a reality, says Margo Schlanger, a professor at the University of Michigan Law School.
Neither the Federal Rules of Civil Procedure nor most state procedure codes expressly address whether, in what circumstances, or how a party may use technology-assisted review to fulfill its disclosure obligations. A new rule introduced last week by the Commercial Division of the New York Supreme Court aims to fill that gap, say Elizabeth Sacksteder and Ross Gotler of Paul Weiss Rifkind Wharton & Garrison LLP.
The recent emergence of artificial intelligence-based technology has prompted serious concerns about the future integrity of recordings. Attorneys must think critically about standards for authenticating audio and video evidence as well as legislative and regulatory safeguards to discourage pervasive manipulation and forgery, says Jonathan Mraunac of Ogletree Deakins Nash Smoak & Stewart PC.
While I read with interest Law360's report analyzing the top 20 global law firms of 2018, I also noticed it doesn't tell the whole story. Global networks of independent law firms compare favorably with multinational firms in terms of geographic coverage, legal expertise, and awareness of local cultures and customs, says Glenn Cunningham of Interlaw Ltd.