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Expert Analysis

Del. Bankruptcy Ruling Will Give D&O Insureds Nightmares

In Henrich v. XL Specialty Insurance, the Delaware Bankruptcy Court recently found that a never-served qui tam cla... (more story)

No Matter The Purdue Ruling, Mass Tort Reform Is Needed

The U.S. Supreme Court will soon issue its opinion in the bankruptcy of Purdue Pharma LP, and regardless of the ou... (more story)

How Associates Can Build A Professional Image

As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in bui... (more story)

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Chevron's End Is Just The Start For Energized Agency Foes

By knocking down a powerful precedent that has towered over administrative law for 40 years, the U.S. Supreme Court's right wing Friday gave a crowning achievement to anti-agency attorneys. But for those attor... (more story)

Real Estate Recap: Camping Ban, Mobile Money, Post-Surfside

Catch up on this week's key developments by state from Law360 Real Estate Authority — including the U.S. Supreme Court's ruling on an Oregon town's anti-camping ordinance, government incentives for manufacture... (more story)

Girardi Wins Bid To Offer Mental Condition Testimony At Trial

Tom Girardi's defense team can call a doctor to testify at his upcoming trial as to a potential "mental condition" that they say might indirectly have bearing on his intent to defraud clients, a California fed... (more story)

In Chevron Case, Justices Trade One Unknown For Another

The U.S. Supreme Court's decision to overrule a decades-old judicial deference doctrine may cause the "eternal fog of uncertainty" surrounding federal agency actions to dissipate and level the playing field in... (more story)

Rite Aid Ch. 11 Plan OK'd With Insurers' Objections Resolved

A New Jersey bankruptcy judge Friday approved pharmacy chain Rite Aid's Chapter 11 restructuring plan after the company said it had resolved objections from its insurance carriers to how the plan treats their policies.

Girardi's Ch. 7 Evidence Fight May Raise Novel Issues

Tom Girardi told a California federal judge that FBI agents violated his constitutional rights by obtaining evidence from his law firm's bankruptcy trustee without a search warrant, an argument that, if succes... (more story)

Cano Health Wins Ch. 11 Plan Confirmation

A Delaware bankruptcy judge on Friday signed off on Cano Health Inc.'s Chapter 11 plan to resolve nearly a billion dollars in debt, saying it was created in good faith and met the requirements for confirmation.

Judge Finalizes $4M Deal In Eye Doc Ransomware Dispute

A North Carolina federal judge has signed off on a $4 million deal to resolve two class actions over an electronic patient recordkeeping and billing company allegedly failing to give truthful, timely notice to... (more story)

SPAC Investors Get Final OK On $13M Settlement

Attorneys who brokered a $13 million settlement on behalf of investors in special purpose acquisition company Pioneer Merger Corp. will receive about 30% of that settlement fund, minus nearly $100,000 that wil... (more story)

Purdue Ruling Reshapes Conn. Catholic Diocese's Ch. 11 Plan

The U.S. Supreme Court's decision Thursday banning bankruptcy judges from forcing non-debtor third parties to release claims against other non-debtors quickly reshaped a proposed Chapter 11 plan for a Connecti... (more story)

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Problems Linger Amid Efforts To Clean Up Debt Firm's Mess

After the collapse of a California debt relief firm last year amid allegations of fraud, a bankruptcy judge signed off on a plan to allow a new firm to begin providing services for thousands of affected client... (more story)

Mercon Coffee Given More Time To Explain Insider Releases

At its confirmation hearing Friday, Mercon Coffee Corp. said it needs more time to brief a New York bankruptcy judge on why certain employees are eligible for releases that were meant to keep them at the company.

Ex-NS8 Exec Was 'Willing Participant' In Fraud, Trustee Says

The litigation trustee in defunct cybersecurity startup NS8's Chapter 11 said co-founder David Hansen must return over $5 million to the bankruptcy estate, alleging in a lawsuit in the Delaware bankruptcy cour... (more story)

Telecom Co. Airspan Cleared For $200M Equity Swap

Wireless telecommunications equipment maker Airspan Networks received court approval for its prepackaged Chapter 11 plan Friday in Delaware, paving the way for a $200 million debt-for-equity transaction that t... (more story)

Lincoln Logs Maker Basic Fun Inc. Files For Ch. 11

Basic Fun Inc., the toy-maker behind Lincoln Logs and Tinker Toys, filed for Chapter 11 bankruptcy Friday in a Delaware bankruptcy court, listing less than $100 million in assets and liabilities each. 

Estate Owes $4.9M For Son-Of-Boss Scheme, US Says

An estate owes $4.9 million in tax liabilities for a couple's scheme to artificially cancel out their capital gains, the federal government said in a complaint in Michigan federal court, arguing that the Son-o... (more story)

Manolete Sues MSR Partners For £15.6M Over Audit Failure

Manolete Partners PLC has sued MSR Partners LLP for £15.6 million ($19.7 million), alleging that the accounting firm failed in auditing a peer-to-peer lending platform that went into administration in 2019.

Credivalores, Lender's Noteholders Tussle On Ch. 11 Plan Vote

Colombian consumer lending giant Credivalores-Crediservicios and an ad hoc group of noteholders on Thursday disputed the legitimacy of a vote count that would determine whether the lender's prepackaged Chapter... (more story)

Ch. 7 Can't Free PE Firm From Suit, Diamond Polisher Says

A Canadian diamond polisher urged a Michigan federal judge to keep alive its suit alleging that a lab-grown diamond company's private equity owner knew it couldn't make good on its promise to fund new faciliti... (more story)

Sam Ash Pushes Mexican Retailer Gonher As Winning Bidder

Music store chain Sam Ash Music Corp. asked the New Jersey bankruptcy judge overseeing its Chapter 11 case to allow it to enter a $15.2 million asset purchase agreement with its winning bidder, Mexican retaile... (more story)