Bloomberg Law

Del Monte Pushes for Bankruptcy Asset Sales, Creditor Settlement

Del Monte Foods Corp. II urged a bankruptcy court to approve pending asset sales worth more than $500 million and sanction a global settlement with lenders and unsecured creditors that clears the way for a company wind-down.

First Brands Founder Charged With Fraud That Erased Billions

First Brands Group founder Patrick James and his brother Edward, a former executive at the company, were indicted in New York following the collapse of the bankrupt auto-parts maker last year.

Genesis Healthcare Beats Government Call for Bankruptcy Trustee

Genesis Healthcare Inc. won a fight against the federal government’s call for a trustee to take over the nursing home operator’s bankruptcy case over conflict concerns, with a judge finding an appointment would be “devastating” to the estate.

Oakland Diocese Creditors, Abuse Claimants Object to Fee Deferral

The committee representing unsecured creditors and sex abuse claimants in the Diocese of Oakland, Calif.'s bankruptcy is challenging a proposal to defer some legal fees, saying it would give the diocese unfair leverage to impose an inequitable plan.

Johnson & Johnson

J&J Wins Dismissal of Talc Class Suit for Medical Monitoring

Johnson & Johnson can avoid a proposed class action to cover medical screening costs incurred by individuals worried about developing ovarian or gynecological cancers from using J&J talc products, a New Jersey federal judge ruled, finding no concrete injury was alleged.

Practitioner Insights

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Fifth Circuit Decisions Level the Playing Field for Creditors

Peter Amend
Alston & Bird

Impeaching Judges Over Politics Will Damage Courts, Both Parties

Paul Grimm

Right-Leaning Judges Should Learn From RBG, Ikuta and Retire Now

Robert Luther III
George Mason University Antonin Scalia Law School

Spotlight on Judge David R. Jones

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation

Judge David R. Jones worked for years to make Houston a destination for high-dollar bankruptcy litigation before an intimate relationship with a local attorney, whose firm regularly brought cases before him, led to his disgrace.

Sex, Secrets Trigger Downfall of Star Texas Bankruptcy Judge

How Four Judges Kept Romance Allegations Quiet for Two Years

Bankruptcy Judge Tasked With Scandal Cleanup of ‘Adopted Son’

Bankruptcy Rules for Disclosing Relationships: Explained

Texas Two-Step: Jones Day's Tactic to Evade Mass Tort Liability Through Bankruptcy

Through the legal tactic, known as the Texas Two-Step, corporations have been able to use bankruptcy to avoid mass tort liability. In this video we look at how it works, the reasons why plaintiffs' attorneys hate it, the reasons that companies and their lawyers use it, and how courts have ruled on it so far.

Latest Stories

Nvidia Halts Plan to Invest $100 Billion in OpenAI, WSJ Says

Nvidia Corp.’s negotiations to invest as much as $100 billion in OpenAI have broken down, the Wall Street Journal reported, exposing a potential rift between two of the most powerful companies in the artificial intelligence industry.

By Nick Turner

First Brands, Creditors Start Mediation Over Who Is Owed What

First Brands Groupand its main creditors will start confidential mediation sessions to potentially resolve a series of business-crippling disputes that have left the auto-parts maker weeks away from a shutdown that would throw 13,000 people out of work.

J&J Wins Dismissal of Talc Class Suit for Medical Monitoring

Johnson & Johnson can avoid a proposed class action to cover medical screening costs incurred by individuals worried about developing ovarian or gynecological cancers from using J&J talc products, a New Jersey federal judge ruled, finding no concrete injury was alleged.

Prison Health Unit Seeks to Stop Bankruptcy Settlement Default

Prison health-care company YesCare Corp. asked a federal court to maintain protections against thousands of prisoner injury and wrongful death suits it won during the bankruptcy of former affiliate Tehum Care Services Inc. after missing months of settlement payments.

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