Attorneys for former DNA testing company 23andMe urged a Missouri bankruptcy judge Wednesday to approve its Chapter 11 liquidation plan, which resolved objections from states and the U.S. Trustee tied to claim releases.
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THURSDAY, NOVEMBER 20, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

23andMe Seeks OK For Ch. 11 Plan With Release Tweaks

By Clara Geoghegan

Attorneys for former DNA testing company 23andMe urged a Missouri bankruptcy judge Wednesday to approve its Chapter 11 liquidation plan, which resolved objections from states and the U.S. Trustee tied to claim releases.

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FDIC Can't Have Advisory Jury In $1.9B Fight With SVB Trust

By Hailey Konnath

A California federal judge Wednesday denied the Federal Deposit Insurance Corp.'s request that she empanel an advisory jury in a suit looking to force the agency to return some $1.9 billion in frozen deposits to the former operator of Silicon Valley Bank, finding "no compelling reasons" to do so.

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Canadian Gas Co. Hits Ch. 15 Ahead Of Nov. Debt Payments

By Clara Geoghegan

Canacol Energy Ltd., a Canadian group that explores natural gas in Colombia, has sought Chapter 15 protection in New York, citing a liquidity crunch hampering its ability to make upcoming payments on over $900 million in debt.

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POLICY & REGULATION

Lawmakers Urge High Court To Curb SEC's Receivership Powers

By Jared Foretek

A group of Republican lawmakers is urging the U.S. Supreme Court to take up a Texas businessman's case challenging the U.S. Securities and Exchange Commission's ability to place businesses into court-appointed receivership before a trial.

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CHAPTER 11

Dallas Stars Ask Bankruptcy Court To Stop Mavericks Suit

By Ben Zigterman

The owner of the Dallas Stars hockey team asked a Texas bankruptcy judge to reopen the club's 2011 bankruptcy case to enforce its confirmation order and stop a suit from the NBA's Dallas Mavericks seeking to remove the NHL team from their American Airlines Center arena lease.

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Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC

By Aaron Keller

Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.

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Whole Foods' $1M Asbestos Suit Survives Dismissal Bid

By Abigail Harrison

Whole Foods can proceed with its $1 million lawsuit over construction work that freed asbestos and forced a store to close temporarily, after a North Carolina Business Court judge ruled the grocer alleged enough to support contract breach claims against a plaza owner and sublessor.

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LEGAL INDUSTRY

Bonus Spotlight

BigLaw Begins To Fall In Line With Cravath Bonuses

By Aebra Coe

Fried Frank Harris Shriver & Jacobson, McDermott Will & Schulte LLP and Dechert LLP are among the law firms following the lead of Cravath Swaine & Moore LLP on year-end associate bonuses this week, with at least five large firms matching the market leader within a day of Cravath's Tuesday announcement.

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Troutman Owes $3.7M In Atty Fees After $1M Malpractice Loss

By Jake Maher

Troutman Pepper Locke LLP must pay $3.7 million in attorney fees to a healthcare tech company that won on malpractice claims against the firm in 2024 after six years of litigation and an eight-day bench trial, a New Jersey state judge has ordered.

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Dissent Accuses Redistrict Ruling Of 'Judicial Misbehavior'

By Spencer Brewer

A Fifth Circuit judge denounced the judge who penned a federal court order blocking Texas' newly redrawn congressional map, saying in a Wednesday opinion the order blocking the redistricting amounts to the "most blatant exercise of judicial activism" he had ever seen.

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Halligan Says Grand Jury Never Saw Final Comey Indictment

By Jared Foretek

U.S. Attorney Lindsey Halligan acknowledged Wednesday that the full grand jury in the James Comey case never saw or voted on the final version of the indictment that was handed up to the court in the case. An attorney for Comey said the clarification was grounds for dismissal.

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Alaska Senator Pushes For Better Vetting After Judge Scandal

By Courtney Bublé

Sen. Dan Sullivan, R-Alaska, said on Wednesday that after a federal judge in his state resigned in disgrace last year, he decided he had to revamp his selection process for judicial nominees.

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Latham DQ'd From Sleep Apnea Device Co.'s Patent Fight

By Madison Arnold

A Delaware federal court has disqualified Latham & Watkins LLP from representing the creator of a sleep apnea implant in its patent dispute after the firm served as counsel to the rival's underwriters, saying the "appearance of impropriety is glaring."

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The House's Plan B For Repealing Provision On DOJ Lawsuits

By Courtney Bublé

If the Senate does not take up a bill to repeal a provision in the government funding package allowing senators investigated by former special counsel Jack Smith to sue for damages, a Republican House member is already making contingency plans.

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Justices Told Presidential Firing Limits Is An 'Originalist' Idea

By Katie Buehler

A bipartisan collection of current and former government officials has urged the U.S. Supreme Court to uphold a 90-year-old ruling that empowers Congress to prohibit the president from firing certain agency officials at will, claiming the precedent has roots that date back to the country's founding and reflects key separation of powers principles.

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LAW FIRMS IN TODAY'S NEWS

Allen Matkins

ArentFox Schiff

Bailey & Glasser

Baker Donelson

Blank Rome

Cadwalader Wickersham

Carmichael Ellis

Carmody MacDonald

Cooley LLP

Covington & Burling

Cravath Swaine

Davis Polk

Dechert LLP

Dilworth Paxson

Duane Morris

Elias Law Group LLP

Ellis & Winters

Foley Hoag

Fried Frank

Hunton Andrews

Jackson Walker LLP

Keker Van Nest & Peters

Latham & Watkins

McDermott Will & Schulte

Milbank LLP

Mintz Levin

Morris Nichols

Pachulski Stang

Paul Hastings

Paul Weiss

Pillsbury Winthrop

Reed Smith

Seila Law

Spencer Fane

Troutman

Winstead PC

Womble Bond

Zuckerman Spaeder

COMPANIES IN TODAY'S NEWS

23andMe Inc.

Above the Law

Amazon.com Inc.

American Airlines Group Inc.

Cantor Fitzgerald LP

Dallas Mavericks Inc.

Dallas Stars

Friendly Ice Cream Corp.

George Washington University

Icebreaker Health Inc.

Inspire Medical Systems Inc.

Mexican American Legal Defense & Educational Fund

Morgan Stanley

National Association of Attorneys General

New Civil Liberties Alliance

New York University

SVB Financial Group

Sears Holdings Corp.

Stanford University

Transformco

UCLA School of Law

Wells Fargo & Co.

Whole Foods Market Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Alaska Department of Law

Consumer Financial Protection Bureau

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Energy Regulatory Commission

Federal Mine Safety and Health Review Commission

Federal Trade Commission

National Labor Relations Board

Nuclear Regulatory Commission

Privacy and Civil Liberties Oversight Board

U.S. Attorney's Office for the Eastern District of Virginia

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Eastern District of Missouri

U.S. Bankruptcy Court for the Southern District of New York

U.S. Court of Appeals for the Second Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Delaware

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Arkansas

U.S. District Court for the Western District of Texas

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court