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Expert Analysis

Making The Pitch To Grow Your Company's Legal Team

In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but ... (more story)

Justices May Find Gov't Can Keep Fraudulent Transfer Benefit

Based on the justices' questions at the recently argued U.S. v. Miller, the Supreme Court appears prepared to hold... (more story)

When US Privilege Law Applies To Docs Made Outside The US

As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent ... (more story)

Large Cap More

AI Co. ILearningEngines Hits Ch. 11 With $100M-Plus Debt

Artificial intelligence software company iLearningEngines has filed for Chapter 11 protection in Delaware bankruptcy court with up to $500 million in debt after a recent cyberattack and proposed securities cla... (more story)

High Court Bar's Future: Williams & Connolly's Sarah Harris

Sarah M. Harris of Williams & Connolly LLP never planned on being a U.S. Supreme Court advocate, or even an appellate one. She stumbled upon that career path after realizing her initial goal of becoming a nati... (more story)

Crypto Trading Co. To Pay SEC $123M Over Terraform Claims

The U.S. Securities and Exchange Commission announced Friday that it secured a $123 million settlement with a Jump Trading subsidiary for allegedly misleading investors about the stability of the now-collapsed... (more story)

Real Estate Recap: Stats, Multifamily Tech, Pot Shop Pickle

Catch up on this past week's key developments by state from Law360 Real Estate Authority — including big picture stats for commercial real estate in 2024, how one proptech company is leveraging resident data f... (more story)

SEC Sues Silver Point Over Atty's Receipt Of Nonpublic Info

The U.S. Securities and Exchange Commission sued investment adviser firm Silver Point Capital LP in Connecticut federal court on Friday, alleging that it failed to establish policies to safeguard material nonp... (more story)

EV Battery Co. Northvolt Cleared For Ch. 11 Loan, Cash Use

Bankrupt electric vehicle battery maker Northvolt AB received final approval Friday from a Texas court to enter into a $100 million Chapter 11 loan and to access the cash collateral of its secured lenders afte... (more story)

Yellow Corp. Layoff Notices Had Too Little Info, Judge Says

A Delaware bankruptcy judge has shot down some of trucking company Yellow Corp.'s defenses against claims it failed to give proper notice of more than 25,000 layoffs just before it entered Chapter 11, saying t... (more story)

Chilean Phone Co. WOM Gets OK On $500M Takeover Terms

A Delaware bankruptcy judge on Friday signed off on the framework for Chilean mobile phone operator WOM SA's $500 million restructuring plan, finding the debtor had exercised sound business judgment in selecti... (more story)

99 Cents Only Gets OK For Vote On Liquidation Plan

A Delaware bankruptcy judge Friday sent the liquidation plan for discount retailer 99 Cents Only for a creditor vote, finding the provisions for getting creditor consent for third-party claims releases was adequate.

Big Lots To Close All Stores After Ch. 11 Sale Falls Through

Bankrupt discount retail chain Big Lots told a Delaware bankruptcy court Thursday that it will close its 870 remaining stores in the United States and initiate going-out-of-business sales starting Friday, afte... (more story)

Mid Cap More

World Of Beer Brews Up Ch. 11 Plan Cramdown

A Florida bankruptcy judge agreed Friday to confirm bar and restaurant chain World of Beer's Chapter 11 plan, which went through as a cramdown even though there were no objections on the record.

Vertex Energy Approved For Ch. 11 Recapitalization Plan

Bankrupt fuel refining company Vertex Energy Inc. received approval Friday from a Texas judge for a Chapter 11 plan that will recapitalize the company with up to $100 million of new financing when it emerges from bankruptcy.

Firm's Fee Battle With Pot Co. Could Turn On An Ellipsis

The fate of Lowenstein Sandler LLP's battle over nearly $800,000 in unpaid legal fees with a cannabis dispensary could hinge on how a judge interprets an ellipsis in a legal brief.

Giuliani Calls Sanctions Bid In Defamation Case 'Political'

Rudy Giuliani is accusing counsel for two Georgia election workers of political bias as they seek to sanction the former Donald Trump adviser and collect on a $148 million defamation judgment.

Silvergate Wins Fight To Keep Control Of Ch. 11 Case

A Delaware bankruptcy judge on Thursday allowed cryptocurrency bank Silvergate to retain control of its Chapter 11 case, rejected a request for Rule 2004 subpoenas against the debtor and limited the scope of a... (more story)

Calif. Hotel's Ch. 11 'Highly Likely' To Be Transferred To Del.

A Delaware bankruptcy judge said Thursday he was "highly likely" to transfer the second Chapter 11 case of a San Jose, California, hotel back to the First State, granting an initial win to a lender that argued... (more story)

Restructuring Partner Returns To Willkie From A&O Shearman

A familiar face has returned to Willkie Farr & Gallagher LLP's New York office, the firm announced Thursday, with the addition of a restructuring partner who launched her career with Willkie and now returns fr... (more story)

NY Firm Bradford Edwards Opens LA Office

New York-based litigation boutique Bradford Edwards LLP has opened an office in Los Angeles, spearheaded by the hire of a partner who has more than 20 years of experience litigating in California.

DC Apartment Complex Hits Chapter 11 With Over $10M Debt

The operator of an apartment complex in Washington, D.C., filed for Chapter 11 in Delaware, saying the impact of COVID-19 and the district's affordable housing voucher program have led to diminishing cash reserves.

Grocery Automation Biz Takeoff Gets OK For Liquidation Plan

A Delaware bankruptcy judge on Thursday greenlighted grocery automation firm Takeoff Technologies' Chapter 11 liquidation plan after hearing no opposition.