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Expert Analysis

Law School's Missed Lessons: Mastering Time Management

Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practic... (more story)

Rare Del. Oversight Ruling Sends Governance Wake-Up Call

An unusual ruling from the Delaware Court of Chancery recently allowed Caremark oversight claims to proceed agains... (more story)

11th Circ. Equitable Tolling Ruling Deepens Circuit Split

The Eleventh Circuit recently held that equitable tolling was unavailable to extend a deadline to object to discha... (more story)

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Kennedys Adds Bankruptcy Partner From Connell Foley In NJ

Kennedys CMK grew in New Jersey this week with the hire of a bankruptcy and creditors' rights expert joining the firm after nearly 20 years as a partner at Connell Foley LLP.

Meet The Attys Helping CVS' Omnicare Through Ch. 11

Omnicare, CVS Health's subsidiary that provides pharmacy services for long-term care facilities, has enlisted the help of attorneys from Haynes Boone and Jenner & Block LLP to see it through the bankruptcy it ... (more story)

Spirit Strikes Ch. 11 Global Deal With Largest Lessor AerCap

Spirit Airlines urged a New York bankruptcy court Tuesday to approve a global resolution the company reached with AerCap, its largest lessor, that could be a major step forward for the budget airline's riskier... (more story)

Ch. 11 Shields Co. From Suit Over Inmate Stroke, Judge Says

A federal judge in North Carolina has dismissed prison healthcare provider Wellpath from a lawsuit brought by the family of a man who died of a stroke inside a Charlotte jail, finding that the company's bankru... (more story)

FTX Trust Seeks $1B From Crypto Miner Genesis Digital

The recovery trust created under FTX's Chapter 11 plan has filed a lawsuit in Delaware bankruptcy court that aims to claw back more than $1 billion that FTX's founder invested in Genesis Digital Assets Ltd., a... (more story)

Privy Council Backs Undoing Fund's $230M Madoff Claim Sale

The top appeals court for U.K. overseas territories has endorsed a successful U.S. appeal brought by the liquidator of an overseas Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of its $230... (more story)

Genesis Deal Allows Claims Against Gemini, Judge Says

A New York bankruptcy judge said Tuesday he will shortly issue a ruling that a 2024 agreement between cryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global allows Gemini customers to pursue ... (more story)

J&J Ruling Misapplied Goldman Precedent, 3rd Circ. Told

The U.S. Chamber of Commerce and other business organizations are supporting Johnson & Johnson's call for the full Third Circuit to reconsider a ruling that the groups argue could "saddle" companies with inves... (more story)

Spirit Airlines To Furlough 1,800 Workers Amid Ch. 11

Bankrupt budget air carrier Spirit Airlines will furlough one-third of its flight attendants in the coming months as it aims to cut costs in its bankruptcy, Spirit confirmed Monday.

Ligado OK'd For $7.8B Debt-For-Equity Swap Ch. 11 Plan

A Delaware bankruptcy judge Monday agreed to approve telecommunications group Ligado Networks' debt-for-equity swap Chapter 11 plan, overruling the U.S. Trustee's objection over the plan potentially not taking... (more story)

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This Week In Healthcare Cybersecurity

Expiring Obama-era cybersecurity legislation, U.K. charges for 'Scattered Spider' breach, and the challenges of 23andMe's bankruptcy. Law360 looks at the week in cybersecurity developments affecting the healthcare industry.

Dr. Phil Says Trinity 'Abandoned' TV Network Before Ch. 11

"Dr. Phil" McGraw testified Tuesday in Texas bankruptcy court that he sought control of his joint venture with Trinity Broadcasting last year because his partner had "abandoned" the venture's mission and faile... (more story)

NY Judge Throws Out Appeals By Ex-Eletson Shareholders

A New York federal judge has ruled that a group of former shareholders of Eletson Holdings have no standing to appeal an order consummating the shipping company's Chapter 11 plan and no grounds to appeal sanct... (more story)

Wilmington Trust Seeks Receiver After $19M Loan Default

A single-asset real estate firm that owns an office building in the Denver Technological Center, or DTC, filed for Chapter 11 and faces a request for a receiver over the building it owns after it defaulted on ... (more story)

Walker Edison Nears Settlement Over $13M DIP, Sale Plan

Online furniture retailer Walker Edison told a Delaware bankruptcy judge Tuesday it was close to a deal with unsecured creditors, lenders and other parties to share in proceeds from a sale of its assets, but t... (more story)

Soybean Co. Benson Hill's Ch. 11 Converted To Ch. 7

A Delaware bankruptcy judge on Tuesday greenlit the conversion of the Chapter 11 case of high-protein soybean developer Benson Hill Inc. to a Chapter 7 liquidation, after the company sold its business in May.

Trinity Prez Says Dr. Phil's Show Was Financial Loser

The president of Trinity Broadcasting Network testified Monday in Texas bankruptcy court that the "Dr. Phil Show" never made any money for the network despite assurances from the show's star that it would star... (more story)

Mosaic Can Solicit Votes On Ch. 11 Liquidation Plan

A Delaware bankruptcy judge on Monday agreed to allow insolvent luxury tile supplier Mosaic Cos. to send its Chapter 11 plan out for a creditor vote, clearing another hurdle on its path to a lender settlement and liquidation.

Puerto Rico Finance Board Members Sue Trump Over Firings

Three former members of the Financial Oversight and Management Board for Puerto Rico have sued the Trump administration alleging they were illegally fired without cause last month, asking a judge to block the ... (more story)

Girardi Loses Bid To Avoid Prison During Appeal

Disgraced attorney Tom Girardi will have to wait in prison while he appeals his wire fraud conviction for stealing from his own clients, a California federal judge has ruled.