Bankruptcy Courts Have ‘Core’ Power to Order Fee Disgorgement, Third Circuit Says Being seen at bar events in the company of those who appear in court doesn’t show judicial bias. Read more about Bankruptcy Courts Have ‘Core’ Power to Order Fee Disgorgement, Third Circuit Says
Delaware District Judge Says: Don’t Use ‘Nunc Pro Tunc’ When You Mean ‘Retroactive’ Submitting a retention order with the wrong word resulted in a pivotal issue on appeal. Read more about Delaware District Judge Says: Don’t Use ‘Nunc Pro Tunc’ When You Mean ‘Retroactive’
To Be a Section 544(b)(1) Predicate Claim for a 10-Year Lookback, the Claim Must Be Filed A claim of the IRS can provide a 10-year lookback for avoidance actions, but the claim must have been filed. Read more about To Be a Section 544(b)(1) Predicate Claim for a 10-Year Lookback, the Claim Must Be Filed
Johnson & Johnson Survives a Motion to Dismiss that Alleged a Bad Faith Filing Judge in New Jersey explains why chapter 11 is the best alternative for a large company to deal with mass torts. Read more about Johnson & Johnson Survives a Motion to Dismiss that Alleged a Bad Faith Filing
Special Counsel with an Actual Conflict Faces Disgorgement of Fees in Delaware Judge Sontchi set aside a prior order preventing the trustee from controlling litigation brought in the trustee’s name. Read more about Special Counsel with an Actual Conflict Faces Disgorgement of Fees in Delaware
Horizontal ‘Gifting’ Approved in Mallinckrodt’s Confirmed Chapter 11 Plan Mallinckrodt’s nondebtor releases didn’t have the defects that infected Purdue and Patterson. Read more about Horizontal ‘Gifting’ Approved in Mallinckrodt’s Confirmed Chapter 11 Plan
Dependence on Parental Financial Assistance Meant Student Loans Were Dischargeable The opinion by Judge Silverstein contains numerous sound bites for judges and debtors aiming to discharge student loans owed by individuals living in desperate circumstances. Read more about Dependence on Parental Financial Assistance Meant Student Loans Were Dischargeable
Second J&J Talc Committee (Temporarily?) Disbanded Decisions by the U.S. Trustee are subject to judicial review, Judge Kaplan says. Read more about Second J&J Talc Committee (Temporarily?) Disbanded
Opinion Finding Fraud Shows the Dangers in an Agreement to Finance Litigation Chapter 7 trustee was precluded from terminating a lawsuit because a secured lender had been given the right to settle. Read more about Opinion Finding Fraud Shows the Dangers in an Agreement to Finance Litigation
May Accountants Limit Liability for Professional Malpractice? Stay Tuned New Jersey judge says that professionals may not be able to limit liability when malpractice is more than mere negligence. Read more about May Accountants Limit Liability for Professional Malpractice? Stay Tuned