The mediator in the bankruptcy of talc miner Barretts Minerals Inc. has told a Texas bankruptcy court that Chapter 11 plan talks reached an impasse, saying the unsecured creditors in the case have not shown an "ability or willingness to engage."
Law360
Bankruptcy
SUNDAY, MARCH 30, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Barretts Mediator Feinberg Blames Committee For Impasse

By Rick Archer

The mediator in the bankruptcy of talc miner Barretts Minerals Inc. has told a Texas bankruptcy court that Chapter 11 plan talks reached an impasse, saying the unsecured creditors in the case have not shown an "ability or willingness to engage."

Report attached | Read full article » | Save to favorites »

Diocese Creditors Gain Access To Abuse Claim Data In Ch. 11

By Vince Sullivan

Creditors of the Archdiocese of San Francisco will have access to records of the archdiocese's independent review board after a California bankruptcy judge said production of the documents serve a valid purpose in its Chapter 11 case.

Opinion attached | Read full article » | Save to favorites »

Eletson, Levona Ask 2nd Circ. To Not Delay Atty Removal

By Emily Sawicki

The new owners of reorganized international shipping group Eletson and a creditor-turned-affiliate have urged the Second Circuit to nix Reed Smith LLP's emergency motion for a stay in a lawsuit seeking to enforce a $102 million arbitral award, as the law firm fights to continue representing the shipping company's pre-bankruptcy shareholders.

2 documents attached | Read full article » | Save to favorites »

CHAPTER 11

Gastropub Chain Bar Louie Hits Second Chapter 11 In 5 Years

By Ben Zigterman

Texas-based gastropub chain Bar Louie filed for Chapter 11 protection in Delaware, listing nearly $70 million of debt, about five years after the chain sold itself to creditors in a previous bankruptcy.

Petition attached | Read full article » | Save to favorites »

Guo Trustee Settles Clawbacks From Versace, Firms

By Aaron Keller

The Chapter 11 trustee handling convicted Chinese exile Miles Guo's estate has asked a Connecticut bankruptcy judge to approve 10 clawback settlements with Hodgson Russ LLP, BakerHostetler, luxury retailer Versace and others, ending claims totaling $8.6 million but keeping the terms under wraps for six months.

Motion attached | Read full article » | Save to favorites »

Pa. Coal Co. Gets OK For $23.5M Asset Sale In Ch. 11

By Rick Archer

A Pennsylvania bankruptcy judge on Thursday approved the sale of assets of bankrupt Corsa Coal Corp. for $23.5 million, overriding arguments against including litigation claims in the sale and for earmarking proceeds for environmental cleanup.

Read full article » | Save to favorites »

EXPERT ANALYSIS

Series

Baseball Fantasy Camp Makes Me A Better Lawyer

With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

Read full article » | Save to favorites »

LEGAL INDUSTRY

In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

Read full article » | Save to favorites »

Judges Block Trump's Jenner & Block, WilmerHale Orders

By Lauren Berg, Ali Sullivan and Alison Knezevich

Jenner & Block LLP and WilmerHale both won temporary restraining orders late Friday blocking President Donald Trump's executive orders targeting the firms, with two Washington, D.C., federal judges determining the firms have shown the orders are likely retaliation for their representation of certain clients.

4 documents attached | Read full article » | Save to favorites »

Ex-Paralegal Sues Ga. Personal Injury Firm Over 658 OT Hours

By Irene Spezzamonte

An Atlanta-based personal injury law firm didn't pay a former paralegal for 658 hours of overtime, and it erroneously considered her a salaried-exempt employee, according to a lawsuit filed in Georgia federal court.

Complaint attached | Read full article » | Save to favorites »

Skadden Offers $100M In Pro Bono Work To Avoid Trump Order

By Aebra Coe

Skadden Arps Slate Meagher & Flom LLP has reached a deal with President Donald Trump to avert an impending executive order that could have prevented it from taking on work connected to the federal government and its contractors, according to an announcement by the president Friday on social media platform Truth Social.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

UCLA School of Law's Supreme Court Clinic and Gair Gallo Eberhard LLP head this week's list of Law360 Legal Lions, after the U.S. Supreme Court overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank.

Read full article » | Save to favorites »

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

As a growing number of companies and their general counsel consider moving their incorporation out of Delaware, the state's governor has quickly signed into law a measure revising its corporation statutes, though there are still critics. And 98% of legal leaders in a recent survey said their budgets are increasing in 2025 to handle the extra work stemming from new diversity risks, tech changes and cybersecurity threats.

Read full article » | Save to favorites »

Tubi Says Keller Postman Breached Deal In Arbitration Fight

By Emily Sawicki

The D.C. federal judge overseeing video streaming service Tubi Inc.'s tortious interference suit against Keller Postman LLC over mass arbitration claims ordered the parties on Friday to schedule a status conference for next month, in light of Tubi's claims that the firm violated an agreement.

Report attached | Read full article » | Save to favorites »

Promo that reads 2025 AI Survey Promo that reads Law360 UK Pulse UK Satisfaction Survey

LAW FIRMS IN TODAY'S NEWS

Arnold & Itkin

Arthur Cox

Ashfords LLP

Ashurst LLP

Baker & Hostetler

Barclay Damon

Bernstein Burkley

Birketts LLP

Brown Rudnick

CMS Cameron McKenna Nabarro Olswang

Caplin & Drysdale

Clement & Murphy

Clyde & Co

Cohn Birnbaum

Cooley LLP

Covington & Burling

DWF LLP

Dentons

Dickinson Wright

Druces LLP

Eversheds Sutherland

Felderstein Fitzgerald

Fisher & Phillips

GPS Legal

Gateley PLC

Gibson Dunn

Gilbert & Tobin

Gordons LLP

Goulston & Storrs

Gutride Safier

Hodgson Russ

Irell & Manella

Jenner & Block

Keller Postman

Keystone Law

Kirkland & Ellis

Kline & Specter

Lankler Siffert & Wohl

Latham & Watkins

Macfarlanes LLP

Mayer Brown

McManimon Scotland

Mitchell Silberberg

Morgan Lewis

Morrison Cohen

Morvillo Abramowitz

Nabarro LLP

Neubert Pepe

Pachulski Stang

Pallas Partners

Pashman Stein

Paul Hastings

Paul Weiss

Perkins Coie

Porter Hedges

Proskauer Rose

Quinn Emanuel

Raines Feldman

Reed Smith

Robinson & Cole

Ropes & Gray

Sheppard Mullin

Shook Hardy

Shoosmiths LLP

Signature Litigation LLP

Simmons & Simmons

Skadden Arps

Stephenson Harwood

Steptoe LLP

Stevens & Lee

Stutzman Bromberg

Sweet James LLP

TLT LLP

Wachtell Lipton

Weightmans LLP

Wiley Rein

WilmerHale

Winston & Strawn

Young Conaway

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

Amicus

Antares Capital LP

Apple Inc.

Association of Corporate Counsel

Axis Bank Ltd.

BDO LLP

BL Restaurant Operations LLC

Barclays PLC

Bayer CropScience Ltd.

Cottrell Inc.

Coupang Inc.

Digital River Inc.

EE Ltd.

Elliott Investment Management LP

FTI Consulting Inc.

Great American Insurance Co.

Intel Corp.

James Hardie Industries PLC

LG Electronics Inc.

LexisNexis Legal & Professional

Major League Baseball Inc.

Mars Inc.

Mediterranean Shipping Co. SA

Monsanto Co.

National Westminster Bank PLC

Netlist Inc.

Phillips 66

RELX PLC

Ryanair Holdings PLC

Samsung Electronics Co. Ltd.

Severn Trent PLC

Sony Music Publishing LLC

St. Louis Cardinals

The AZEK Co. LLC

The Royal Bank of Scotland Group PLC

UCLA School of Law

Uber Technologies Inc.

Walt Disney Parks & Resorts Worldwide Inc.

Warner Bros. Records Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Delaware Court of Chancery

Executive Office of the President

Federal Deposit Insurance Corp.

Financial Crimes Enforcement Network

Financial Reporting Council

National Labor Relations Board

Patent Trial and Appeal Board

Pennsylvania Department of Environmental Protection

U.S. Bankruptcy Court for the District of Delaware

U.S. Bankruptcy Court for the Northern District of California

U.S. Bankruptcy Court for the Western District of Pennsylvania

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States Bankruptcy Court for the District of Connecticut