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Genesis Nets $1B Sale, WilmerHale Picks Bankruptcy Chair    Law360 Read full article

Disney keeps jury trial rights in $20m Character.ai bankruptcy sale    PPC Land Read full article

Data Sale In Spirit Bankruptcy Raises Novel Privacy Risks    Law360 Read full article

Character.AI files for bankruptcy amid torrent of legal problems, agrees to sell some assets to Disney for $20M    New York Post Read full article

Getty Images Plans Bankruptcy, Public Shareholders Set to Lose Stake in $533 Million Go-Private Deal    Law Commentary Read full article

Character.ai drew one unusable offer from 28 potential buyers    PPC Land Read full article

Disney Makes $20 Million Bet on Bankrupt AI Pioneer    TradingView Read full article

New Britain Brewery Files For Bankruptcy, But Owner Says Doors Will Stay Open    DailyVoice.com Read full article

Pickleball company The Picklr files for bankruptcy protection; Long Island franchisee leading investor group    Newsday Read full article

What Chapter 11 bankruptcy means    FOX 7 Austin Read full article

It is not very hard to plead cases under the Federal Rules of Civil Procedure. However, some rules are honored more in the breach. Take Fed.R.Civ.P. 8(a)(2) which requires a "short and plain statement of the claim." A short and plain statement makes it easier to draft a responsive answer without Read full article

Ever since Stern v. Marshall , bankruptcy lawyers are frequently asked to consent to entry of final orders by the Bankruptcy Court. I routinely agree to consent because the Bankruptcy Court is a familiar forum and the judges are a known quantity. Occasionally I will say no for strategic reasons. Read full article

 A recent Fifth Circuit opinion brought back memories of a case I was involved with as a young lawyer. The lesson to be learned is that debtors are required to appear for a hearing on a complaint objecting to discharge regardless of whether they have been subpoenaed. Fed.R.Bankr.P. 4002(a)(2) Read full article

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A motion to lift the automatic stay to allow a tort claimant to proceed against the debtor's insurance coverage is one of the simpler pleadings to file in bankruptcy. Because insurance involves a third party's obligation to defend a suit or pay claims, property of the estate is not implicated. Read full article

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 The Fifth Circuit has long applied judicial estoppel aggressively when a debtor fails to list a cause of action. It once held (in a panel opinion overruled by the en banc court) that a trustee was bound by a debtor's failure to disclose assets. Reed v. City of Arlington , 620 F.3d 477 (5th Cir. Read full article

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