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News and information on bankruptcy and bankruptcy law
By Dan Roe | July 23, 2024
Judge Stacey Jernigan claims the "bombastic" hedge fund managers in her books are pure fiction, but ethics experts argue they violate her responsibility to appear impartial.
7 minute read
By Michael L. Cook | July 22, 2024
Recent appellate decisions reflect a distaste for appeals from bankruptcy court sanction orders. A split Fourth Circuit even refused to hear such an appeal. Other courts tend to limit sanctions or, alternatively, accept a bankruptcy judge's findings under a stringent "abuse of discretion" standard.
12 minute read
By Amanda Bronstad | July 19, 2024
Atlantic County Superior Court Judge John Porto concluded on Friday that J&J hadn't provided evidence that its former attorney had shared confidential information with Beasley Allen.
6 minute read
By Maria Dinzeo | July 16, 2024
Ann Aber, who helped the company manage the high of record sales during the pandemic and the low of a Chapter 11 bankruptcy filing four years later, is taking on human resource and corporate communications responsibilities.
2 minute read
By Emily Saul | July 12, 2024
U.S. Bankruptcy Judge Sean Lane found Giuliani had not been forthcoming about his financial situation.
2 minute read
By Dan Roe | July 11, 2024
"That was the last time anyone files in EDVA," one Am Law 100 bankruptcy partner said of the formerly popular jurisdiction.
8 minute read
By Amanda Bronstad | July 9, 2024
Retired U.S. Magistrate Judge Joel Schneider, of the District of New Jersey, found on Tuesday that there was not good cause to allow Johnson & Johnson to pursue discovery about Beasley Allen's litigation financing.
5 minute read
By Jeffrey M. Rosenthal, Vincent J. Roldan and Joshua S. Bauchner | July 9, 2024
The Fifth Circuit, in 'In re GFS Industries', recently issued a decision siding with the controversial 'Cleary Packaging' decision. All of a sudden, the subchapter V debtor's efforts to use a streamlined procedure could be undermined by Section 523(a) litigation even outside the Fourth Circuit.
7 minute read
By Dan Roe | July 9, 2024
Growing the bankruptcy group is key to Cooley's balance of cyclical and countercyclical practices, the firm's litigation chair said in an interview.
3 minute read
By Sulaiman Abdur-Rahman | July 8, 2024
"Commercial filing trends continue to show strong double digit percentage increases in year-over-year filings, while individual filings increased at a much lower rate compared to commercial filings in the first half of 2024," said Michael Hunter, vice president of the Epiq AACER bankruptcy data platform.
3 minute read
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