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Character.AI’s bankruptcy leaves millions of users’ chats in limbo    Straight Arrow Read full article

Federal lawsuit against St. Louis developer Jeff Tegethoff paused amid bankruptcy case    The Business Journals Read full article

ProPhase Units Can Seek Plan Votes After Claim Set At $25M    Law360 Read full article

Getty Images announces Chapter 11 bankruptcy, goes private with Koch    Pasquale Pillitteri Read full article

Pickleball franchisor files for bankruptcy as CEO admits ‘that’s on us’ for business mistake    The Independent Read full article

Getty Images to File for Chapter 11 Bankruptcy; Founding Getty Family and Koch Affiliate to Take Company Private in Restructuring    BigGo Finance Read full article

Alvarium Beer files for Chapter 11 bankruptcy    The Bristol Press Read full article

Character.AI owes Google and Big Law firms nearly $7M, court filings show    Business Insider Read full article

Chatbot platform Character.AI files for bankruptcy    Redwood City Pulse Read full article

Character.ai Files For Bankruptcy, Citing Costs and Litigation    The Information 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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