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Madoff Trustee Floats $29M Settlement Of Sumitomo Litigation    Law360 Read full article

Character.AI moves ahead with asset sale over states' objections    Reuters Read full article

Stuckey’s files for bankruptcy, but brand will live on    WRDW Read full article

Judge Won't Hold Mawson Creditor In Contempt Over Bond    Law360 Read full article

Lake Norman wine bar files for Chapter 11 bankruptcy, listing nearly $270K in debt    The Business Journals Read full article

Inside LIV Golf’s Bankruptcy: 15 Surprising Details From The Filings    Huddle Up | Joe Pompliano Read full article

US Bankruptcy: Gibson Dunn and Davis Polk lead creditor coalition alliances in chapter 11 – Bankruptcy Data Insights    CreditSights Read full article

Dame Dash ‘Flattered’ His Life Rights Fetched $550K in Bankruptcy Auction    EURweb Read full article

Chapter 11: Step 8 – Wallpaper Bets and Leveraging the System - Startupmentors    Howl.Link Read full article

NALC: Chapter 12 Farm Bankruptcies Continue to Rise    DTN Progressive Farmer 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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