Expert Analysis

5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privi... (more story)

AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making pro... (more story)

AI-Generated Doc Ruling Guides Attys On Privilege Risks

A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial i... (more story)

Large Cap More

Cadwalader Continues Restructuring Growth With UK, US Duo

Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.

J&J Unit Wins Bid To Revive Talc Libel Suit With New Basis

A New Jersey federal judge has revived a bankrupt Johnson & Johnson talc subsidiary's trade libel claim over a 2020 scientific article linking asbestos in talc to mesothelioma, finding that new evidence and al... (more story)

NJ's Newest Bankruptcy Judge Is An Ex-Assistant US Attorney

A former assistant U.S. attorney is New Jersey's newest bankruptcy judge, bringing with him experience representing federal agencies in bankruptcy and creditors in large cases like General Motors' 2009 reorganization.

Eddie Bauer LLC Settles For $3.1M With Warehouser GXO

Bankrupt clothing retailer Eddie Bauer LLC has agreed to resolve a more than $8.84 million claim from GXO Logistics Supply Chain Inc. for $3.1 million.

PosiGen Can Wind Down, Tilson's Ch. 11 Dismissed

Solar panel co. PosiGen was given the green light to wind down, fiber network Tilson's Chapter 11 case was dismissed, and Mallinckrodt's bankruptcy prevented antitrust payouts.

Serta Simmons Lenders Kick Off Trial On 'Uptier' Deal Claims

Lenders to Serta Simmons Bedding presented opening arguments on Monday in a trial in Texas bankruptcy court over whether investors excluded from the mattress maker's 2020 "uptier" debt exchange should be award... (more story)

'Lack Of Adversity' Stops Court From Ending Biden SAVE Plan

A Missouri federal judge dismissed a coalition of Republican-led states' lawsuit challenging a Biden-era student debt relief plan, saying Friday he can't end the plan like the Trump administration wanted given... (more story)

Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal... (more story)

Inmarsat Gets Stay Of Bankruptcy Court Order In Ligado Case

A Delaware federal judge on Friday granted Inmarsat Global Ltd.'s emergency request to stay a bankruptcy court order requiring the Viasat unit to support a spectrum-rights application filed by telecommunicatio... (more story)

Kluger Kaplan Exiting $500M Miss America Ownership Battle

Kluger Kaplan attorneys said Friday they can no longer represent a businessman in a $500 million dispute over the ownership of the Miss America pageant, after a Florida federal court's questions to the lawyers... (more story)

Mid Cap More

Fla. REIT Blames Ponzi Probe, Lawsuits In Ch. 11 Filing

A real estate investment trust accused last year by Florida authorities of being a Ponzi scheme has filed for federal bankruptcy protection, claiming the state probe, a racketeering lawsuit from a talk show ho... (more story)

Chicago-Area Horse Track Hits Ch. 11 With $57M Debt

A Chicago-area racecourse has filed for Chapter 11 protection in Illinois bankruptcy court with nearly $57 million in debt and plans to seek a buyer a month after state regulators shut down harness racing at t... (more story)

7th Circ. Rejects Firm's $237K Fee Bid From Investment Fund

Ballard Spahr LLP does not have a valid claim to roughly $237,000 in unpaid legal fees it sought from a Wisconsin-based gem and fine metal investment fund that went through bankruptcy, the Seventh Circuit said Friday.

Carbon Health Gets OK To Borrow $20M In Ch. 11

A Texas bankruptcy judge on Friday granted final approval of urgent care facility operator Carbon Health Technologies Inc.'s Chapter 11 financing, freeing up $19.5 million that the debtor will use to fund a du... (more story)

San Francisco Archdiocese Seeks OK For $10M Abuse Deal

The Roman Catholic Archdiocese of San Francisco is asking a California bankruptcy judge to approve a more than $10 million settlement of two sexual abuse claims the judge allowed to go forward in state court last year.

Alex Jones' Sandy Hook Atty Eyes Exit After Appeals End

An attorney who represented conspiracy theorist Alex Jones has asked a Connecticut state court judge's permission to withdraw now that litigation has mostly ended in a $1.44 billion defamation challenge to Inf... (more story)

Tricolor Noteholders Say Big Banks Ignored Auto Loan Fraud

Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by T... (more story)

Dine-In Theater Co. IPic Hits Ch. 11 With Plans To Sell Assets

Dine-in movie theater chain iPic Theaters has filed for Chapter 11 protection in Florida bankruptcy court with up to $10 million in debt, saying it intends to sell its assets during the case.

Insurance Pros Size Up Top D&O Risks At NYC Conference

Law360 Insurance Authority has the top takeaways and coverage considerations from the annual conference hosted by Anderson Kill PC.

Buddy Mac Wins Court Approval To Sell Co-Owned Properties

A Texas bankruptcy judge on Thursday ruled that rent-to-own retailer Buddy Mac Holdings LLC can sell several co-owned properties, over the objection of co-owners who argued they had not been given proper notice.