The Third Circuit on Monday upheld its decision that Whittaker Clark & Daniels was authorized to file for Chapter 11 and certain claims against the defunct talc supplier's corporate successor belong to the debtor, not personal injury claimants.
The Third Circuit on Monday upheld its decision that Whittaker Clark & Daniels was authorized to file for Chapter 11 and certain claims against the defunct talc supplier's corporate successor belong to the debtor, not personal injury claimants.
Wiser Solutions, a software company that collects data from retailers, has filed for Chapter 11 protection in Texas bankruptcy court with about $563 million in debt and plans to sell its business to its main lender.
The U.S. Supreme Court on Monday declined to review the conviction of Live Well Financial founder Michael Hild for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it.
A Michigan federal judge Monday granted Flagstar Bank's bid for summary judgment on liability for its civil conspiracy claim against a former executive of reverse-mortgage company Live Well, finding his guilty plea admissions in a related criminal case established that he joined a scheme to mislead lenders through inflated bond valuations.
Reed Smith LLP and two of its partners are facing a $262 million lawsuit in a long-running and bitter dispute over ownership of an international gas shipping company, as well as other issues that remain unresolved following the vacatur of an underlying $102 million arbitral award for fraud.
Attorneys from McCarter & English LLP, Womble Bond Dickinson and Georgiou Partnership LLP who represent a U.S.-based swimming pool parts manufacturer won an additional $1.3 million in attorney fees for their efforts to collect a more than $17 million judgment against a Chinese rival.
U.S. District Judge Alan Albright has dropped out of overseeing a case in which Verizon is suing a patent holding company for allegedly trying to dodge a more than $500,000 attorney fee award, citing communications with the patent holder from a decade ago.
Wren US Holdings Inc., a kitchen design firm based in the northeastern United States, has filed for Chapter 7 liquidation in Delaware, citing between $100 million and $500 million each of assets and liabilities.
The American Bar Association struck a deal to end a suit claiming a scholarship program for racial and ethnic minorities discriminated against white applicants, in line with a vow it made last year that its programs would be race-neutral, according to a filing Monday in Illinois federal court.
For the second time in a year, a judicial nominee for a Florida federal court is under scrutiny for allegedly presiding over a state level case involving President Donald Trump while being considered for a federal judgeship.
The Alabama Supreme Court tossed an appeal and sanctioned a Mobile, Alabama, attorney for filing "grossly deficient" briefs that contained multiple inaccurate legal citations that the justices attributed to artificial intelligence "hallucinations."
The U.S. Supreme Court on Monday refused to review $255,000 in sanctions on embattled attorney William Ramey and a client for bringing what a California judge said was a frivolous patent suit against Google, turning down his appeal arguing the decision used the wrong legal standard.
A defense strategy to fast-track the trial in a yearslong criminal foreign bribery case against a Mexican businessman in Texas appeared to backfire when he was convicted and sent to prison last year, but the gamble ultimately paid off when a judge permanently tossed the case earlier this month.
A Second Circuit judge said Monday that he is having a "hard time" understanding how the firing of a LVMH lawyer wasn't connected to her earlier harassment allegations, indicating a willingness to revive retaliation claims against the luxury goods giant.
The Delaware Chancery Court this past week tackled a fresh mix of deal litigation, procedural disputes and fiduciary duty claims, with several rulings and filings underscoring the court's continued focus on contractual precision, forum enforcement and the limits of stockholder challenges.
