Madoff Trustee Floats $29M Settlement Of Sumitomo Litigation - Law360
Madoff Trustee Floats $29M Settlement Of Sumitomo Litigation Law360 Read full article
Madoff Trustee Floats $29M Settlement Of Sumitomo Litigation Law360 Read full article
Evergrande Liquidators Ink $513M Deal To Sell Property Stake L Read full article
Weil would join crowded field of defunct law firms Reuters Read full article
Weil Broke Barriers In Big Law And Bankruptcy, Legal Leaders Say Law.com Read full article
DOJ raises privacy concerns over potential sale of Character.AI chats The Record from Recorded Future News Read full article
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Stuckey’s files for bankruptcy, but brand will live on WRDW Read full article
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Lake Norman wine bar files for Chapter 11 bankruptcy, listing nearly $270K in debt The Business Journals 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
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
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