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Bankruptcy Authority Mid Cap : Law360 Bankruptcy Authority : Legal News & Analysis

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li.featured .feature-img {margin-bottom: 8px;} } </style> <div id="law-section"> <div class="ie-section col-sm-12 col-md-8" style="padding:0;"> <div class="read-share" data-turbo="false"> <a href="#" class="btn btn-newsletter"><i class="fa fa-envelope"></i> Newsletter</a> <a href="/bankruptcy-authority/mid-cap/rss" class="btn btn-rss" data-turbo="false"><i class="fa fa-rss"></i> RSS</a> <p></p> </div> <h1> <a href="/bankruptcy-authority/about"> Mid Cap</a> </h1> <div id="news-headlines"> <ul> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-19">November 19, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262852/alex-jones-seeks-to-stop-the-onion-from-buying-infowars" title="Alex Jones Seeks To Stop The Onion From Buying Infowars" class="url entry-title">Alex Jones Seeks To Stop The Onion From Buying Infowars</a></h3> <p class="entry-content">Right-wing media fabulist Alex Jones asked a Texas bankruptcy judge to stop the sale of his Infowars website to satirical news publisher The Onion, arguing that the winning bid violated the court's bidding procedures order.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-19">November 19, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262722/college-decor-co-dormify-hits-ch-11-with-up-to-50m-debt" title="College Decor Co. Dormify Hits Ch. 11 With Up To $50M Debt" class="url entry-title">College Decor Co. Dormify Hits Ch. 11 With Up To $50M Debt</a></h3> <p class="entry-content">Dormify Inc., a retailer that sells college gear and decor for dorms, filed for bankruptcy in Delaware, estimating between $10 million and $50 million in debt less than a week after a Pennsylvania federal court entered a default judgment against it in a lawsuit from an affiliate marketing firm.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-18">November 18, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262154/backup-bidder-for-jones-infowars-wants-the-onion-bid-dq-d" title="Backup Bidder For Jones&#39; Infowars Wants The Onion Bid DQ&#39;d" class="url entry-title">Backup Bidder For Jones&#39; Infowars Wants The Onion Bid DQ&#39;d</a></h3> <p class="entry-content">The Alex Jones-affiliated backup Chapter 7 auction bidder for Jones' right-wing website Infowars asked a Texas bankruptcy judge Monday to disqualify the winning bid from The Onion, a satirical news website, arguing that the bid did not follow the auction procedures.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-18">November 18, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262312/the-onion-wants-to-buy-infowars-diamond-sports-plan-ok-d" title="The Onion Wants To Buy Infowars, Diamond Sports&#39; Plan OK&#39;d" class="url entry-title">The Onion Wants To Buy Infowars, Diamond Sports&#39; Plan OK&#39;d</a></h3> <p class="entry-content">Satirical news outlet The Onion emerged as the winner of a Chapter 7 auction for Alex Jones' Infowars show, Diamond Sports clinched a Chapter 11 plan approval and new bankruptcy filings by both businesses and consumers have grown by 16% over the past year.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-18">November 18, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262174/judge-will-ok-88m-insurance-deal-for-long-island-diocese" title="Judge Will OK $88M Insurance Deal For Long Island Diocese" class="url entry-title">Judge Will OK $88M Insurance Deal For Long Island Diocese</a></h3> <p class="entry-content">A New York bankruptcy judge on Monday approved an $88 million insurance settlement for Long Island's Roman Catholic diocese after being assured that sexual abuse claimants who pass up a payout from the diocese's Chapter 11 plan can pursue insurance claims on their own.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-18">November 18, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262277/biopharm-co-seelos-files-for-ch-11-after-nasdaq-delisting" title="Biopharm Co. Seelos Files For Ch. 11 After Nasdaq Delisting" class="url entry-title">Biopharm Co. Seelos Files For Ch. 11 After Nasdaq Delisting</a></h3> <p class="entry-content">Publicly traded biopharmaceutical company Seelos Therapeutics Inc. sought Chapter 11 protection in New York on Saturday, citing between $10 million and $50 million in estimated liabilities.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-18">November 18, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2262161/proskauer-atty-is-part-of-rich-harvard-football-tradition" title="Proskauer Atty Is Part Of &#39;Rich&#39; Harvard Football Tradition" class="url entry-title">Proskauer Atty Is Part Of &#39;Rich&#39; Harvard Football Tradition</a></h3> <p class="entry-content">Proskauer bankruptcy partner and longtime Harvard football public address announcer Chad Dale had no experience when he became the voice of the football program 33 years ago, but he followed in his late grandfather's footsteps and received an influential endorsement for the gig from his grieving grandmother.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261762/giuliani-gets-new-atty-as-poll-workers-seek-to-collect-148m" title="Giuliani Gets New Atty As Poll Workers Seek To Collect $148M" class="url entry-title">Giuliani Gets New Atty As Poll Workers Seek To Collect $148M</a></h3> <p class="entry-content">Two days after Rudy Giuliani's lawyers asked a federal judge to allow them to withdraw from representing him in a pair of cases from former Georgia poll workers seeking to collect a $148 million defamation award against him, the embattled former mayor of New York found himself new representation.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261665/vroom-gets-interim-ok-for-ch-11-plan-disclosures" title="Vroom Gets Interim OK For Ch. 11 Plan Disclosures" class="url entry-title">Vroom Gets Interim OK For Ch. 11 Plan Disclosures</a></h3> <p class="entry-content">A Texas bankruptcy judge conditionally signed off Friday on the disclosure statement for Vroom Inc.'s Chapter 11 plan, after the defunct used car sales and financing company agreed to revise language regarding the releasing party in its vote solicitation materials to resolve an objection from the U.S. Trustee's Office.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261752/petroquest-gets-interim-ok-to-tap-847k-in-del-ch-11" title="PetroQuest Gets Interim OK To Tap $847K In Del. Ch. 11" class="url entry-title">PetroQuest Gets Interim OK To Tap $847K In Del. Ch. 11</a></h3> <p class="entry-content">A Delaware bankruptcy judge Friday granted interim permission for oil and gas company PetroQuest Energy Inc. to access $847,500 of new money financing from its lenders as it plans to sell its assets in East Texas.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261469/under-the-radar-bankruptcy-news-you-may-have-missed" title="Under The Radar: Bankruptcy News You May Have Missed" class="url entry-title">Under The Radar: Bankruptcy News You May Have Missed</a></h3> <p class="entry-content">A New York bankruptcy judge denied retail creditors to Celsius Network discovery into the crypto lender's bankruptcy plan administration, Johnson & Johnson's talc unit bit back at efforts to dismiss its Chapter 11 case, and the Archdiocese of New Orleans established non-monetary child protections with its unsecured creditors. Here are some bankruptcy stories that may have slipped past you this week.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261576/colo-judge-nixes-debtor-s-transfer-try-for-not-conferring" title="Colo. Judge Nixes Debtor&#39;s Transfer Try For Not Conferring" class="url entry-title">Colo. Judge Nixes Debtor&#39;s Transfer Try For Not Conferring</a></h3> <p class="entry-content">A Colorado federal judge on Friday struck a motion to transfer a putative class action suit against a bankrupt truck rental company to the Delaware court handling the business's Chapter 11 case, saying the company had failed to consult with the plaintiffs before filing the motion.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261722/meet-the-attys-guiding-alex-jones-through-chapter-7" title="Meet The Attys Guiding Alex Jones Through Chapter 7" class="url entry-title">Meet The Attys Guiding Alex Jones Through Chapter 7</a></h3> <p class="entry-content">As right-wing media fabulist Alex Jones awaits the final outcome of an auction for his InfoWars website, he's being led through Chapter 7 by a team of attorneys from Elliott Thomason & Gibson LLP and Jordan & Ortiz PC.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261516/property-plays-franchise-group-kushner-astrodome" title="Property Plays: Franchise Group, Kushner, Astrodome" class="url entry-title">Property Plays: Franchise Group, Kushner, Astrodome</a></h3> <p class="entry-content">Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261695/girardi-seeks-sentencing-delay-amid-atty-s-departure" title="Girardi Seeks Sentencing Delay Amid Atty&#39;s Departure" class="url entry-title">Girardi Seeks Sentencing Delay Amid Atty&#39;s Departure</a></h3> <p class="entry-content">Disbarred attorney Tom Girardi is asking a California federal judge for more time before his sentencing date because a key member of his legal team is leaving the Federal Public Defender's Office on Monday.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261209/ex-mcelroy-deutsch-exec-says-firm-has-no-claim-on-house" title="Ex-McElroy Deutsch Exec Says Firm Has No Claim On House" class="url entry-title">Ex-McElroy Deutsch Exec Says Firm Has No Claim On House</a></h3> <p class="entry-content">The former McElroy Deutsch Mulvaney & Carpenter LLP business development director whose husband pled guilty to stealing millions from the firm has argued that the time has come for the court to toss an attempt by the firm to put her house in a constructive trust.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261447/uae-defense-contractor-facing-questions-on-quitting-ch-11" title="UAE Defense Contractor Facing Questions On Quitting Ch. 11" class="url entry-title">UAE Defense Contractor Facing Questions On Quitting Ch. 11</a></h3> <p class="entry-content">A Delaware bankruptcy judge on Friday said she would allow a competitor and arbitration award claimant of an Abu Dhabi-based defense contractor limited discovery into the company's decision not to fight the dismissal of its Chapter 11 case.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261578/eletson-to-appeal-order-confirming-rival-ch-11-plan" title="Eletson To Appeal Order Confirming Rival Ch. 11 Plan" class="url entry-title">Eletson To Appeal Order Confirming Rival Ch. 11 Plan</a></h3> <p class="entry-content">Gas tanker operator Eletson Holdings Inc. has opened an appeal of a New York bankruptcy judge's confirmation of a Chapter 11 plan proposed by petitioning creditors, according to a notice of the move.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261552/sterilization-co-cosmed-hits-ch-11-amid-cancer-claims" title="Sterilization Co. Cosmed Hits Ch. 11 Amid Cancer Claims" class="url entry-title">Sterilization Co. Cosmed Hits Ch. 11 Amid Cancer Claims</a></h3> <p class="entry-content">Sterilization company Cosmed Group Inc. filed for Chapter 11 protection in a Texas bankruptcy court Thursday with over $100 million in liabilities, much of it related to cancer claims over the gas that it uses for sterilization.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261317/uk-litigation-roundup-here-s-what-you-missed-in-london" title="UK Litigation Roundup: Here&#39;s What You Missed In London" class="url entry-title">UK Litigation Roundup: Here&#39;s What You Missed In London</a></h3> <p class="entry-content">This past week in London has seen Ocado file an intellectual property claim against an African fruit and vegetable importer, a claim filed against a Swiss bank founded by Indian billionaire Srichand Parmanand Hinduja and 300 individuals sue travel company TUI. Here, Law360 looks at these and other new claims in the U.K.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-15">November 15, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261358/ex-freshfields-partner-suspended-over-inappropriate-conduct" title="Ex-Freshfields Partner Suspended Over Inappropriate Conduct" class="url entry-title">Ex-Freshfields Partner Suspended Over Inappropriate Conduct</a></h3> <p class="entry-content">A former partner with Freshfields will face a two-year suspension and a costs bill of £66,000 ($83,500), the profession's disciplinary tribunal has ruled after finding that he had engaged in "inappropriate and unwanted conduct" while employed at the firm.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-14">November 14, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2258218/inflation-election-anxiety-drove-bankruptcy-hike-experts-say" title="Inflation, Election Anxiety Drove Bankruptcy Hike, Experts Say" class="url entry-title">Inflation, Election Anxiety Drove Bankruptcy Hike, Experts Say</a></h3> <p class="entry-content">Bankruptcy filings for both businesses and consumers have risen by 16% over the past year, with factors such as inflation, residual impacts of high interest rates, the COVID-19 pandemic, and macroeconomic uncertainties in the run-up to a contentious presidential election as key drivers, restructuring experts told Law360.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-14">November 14, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2261020/giuliani-attys-signal-impasse-in-bid-to-exit-collection-cases" title="Giuliani Attys Signal Impasse In Bid To Exit Collection Cases" class="url entry-title">Giuliani Attys Signal Impasse In Bid To Exit Collection Cases</a></h3> <p class="entry-content">Attorneys representing disgraced ex-lawyer Rudy Giuliani asked a New York federal court to allow them to withdraw from representing him in a pair of cases from former Georgia poll workers seeking to collect a $148 million defamation award against him, indicating they are at odds with the onetime New York City mayor.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-14">November 14, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2260811/louisiana-oil-field-co-hits-ch-11-again-with-115m-debt" title="Louisiana Oil Field Co. Hits Ch. 11 Again With $115M Debt" class="url entry-title">Louisiana Oil Field Co. Hits Ch. 11 Again With $115M Debt</a></h3> <p class="entry-content">PetroQuest Energy Inc., an oil and gas exploration company, filed for bankruptcy in Delaware reporting $115.5 million in debt with plans to sell its Texas operations five years after it exited Chapter 11 in 2019.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2024-11-14">November 14, 2024</span> <h3><a href="/bankruptcy-authority/mid-cap/articles/2260739/the-onion-buys-alex-jones-infowars-at-ch-7-auction" title="The Onion Buys Alex Jones&#39; Infowars At Ch. 7 Auction" class="url entry-title">The Onion Buys Alex Jones&#39; Infowars At Ch. 7 Auction</a></h3> <p class="entry-content">Satirical news website The Onion has purchased Alex Jones' Infowars at a Chapter 7 bankruptcy auction, according to a Thursday announcement by the firm representing Sandy Hook shooting survivors who won a $1.4 billion defamation award over his claims the massacre was a hoax.</p> </li> </ul> </div> </div> <div class="ie-analysis col-md-4"> <div id="expert-analysis"> <h4>Expert Analysis</h4> <ul> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1852075/discount-window-reform-needed-to-curb-modern-bank-runs" title="Discount Window Reform Needed To Curb Modern Bank Runs" class="url entry-title">Discount Window Reform Needed To Curb Modern Bank Runs</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1852000/1852075/608957c72a7d34a354d3edaf4fb993d9ddcd1fd5-cris-cicala.jpg" width="54" /> <p class="entry-content">We learned during the spring 2023 failures that bank runs can happen extraordinarily fast in light of modern technology, especially when banks have a greater concentration of large deposits, demonstrating that the antiquated but effective discount window needs to be overhauled before the next crisis, says Cris Cicala at Stinson.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1855181/2-options-for-sackler-family-after-high-court-purdue-ruling" title="2 Options For Sackler Family After High Court Purdue Ruling" class="url entry-title">2 Options For Sackler Family After High Court Purdue Ruling</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1855000/1855181/8c924a55b8c4624c4d7357dd96502d8299eaeeb1-greg_germain_2022.jpg" width="54" /> <p class="entry-content">After the U.S. Supreme Court recently blocked Purdue Pharma's plan to shield the family that owns the company from bankruptcy lawsuits, the Sacklers face the choice to either continue litigation, or return to the bargaining table for a settlement that doesn't eliminate creditor claims, says Gregory Germain at Syracuse University.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1854598/revisiting-scalia-s-what-s-it-to-you-after-kaiser-ruling" title="Revisiting Scalia&#39;s &#39;What&#39;s It To You?&#39; After Kaiser Ruling" class="url entry-title">Revisiting Scalia&#39;s &#39;What&#39;s It To You?&#39; After Kaiser Ruling</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1854000/1854598/b0b7846185ef898d24151a1db13bbde5367330fb-brent-weisenberg.jpg" width="54" /> <p class="entry-content">While the U.S. Supreme Court's recent decision in Truck Insurance Exchange v. Kaiser allows insurers to be considered "parties in interest" in Chapter 11 cases, they still need to show they would face an injury in fact, answering the late Justice Antonin Scalia's "what's it to you?" question, say Brent Weisenberg and Jeff Prol at Lowenstein Sandler.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1851568/florida-banking-brief-all-the-notable-legal-updates-in-q2" title="Florida Banking Brief: All The Notable Legal Updates In Q2" class="url entry-title">Florida Banking Brief: All The Notable Legal Updates In Q2</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1851000/1851568/0a095a361200ca494ff30402d50eb909f3816193-prever_joshua_300.jpg" width="54" /> <p class="entry-content">The second quarter of 2024 brought two notable bills that will affect Florida's banking and finance community across many issues, including virtual currency abandonment, cancellation of financial services on the basis of political opinions, and the exemption amount of motor vehicles, say Joshua Prever and Andrew Balthazor at Holland & Knight.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1853043/how-to-clean-up-your-generative-ai-produced-legal-drafts" title="How To Clean Up Your Generative AI-Produced Legal Drafts" class="url entry-title">How To Clean Up Your Generative AI-Produced Legal Drafts</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1853000/1853043/87ba1ed4a2937e325aecfdd2fac605c68a5e5273-ivy-grey.jpg" width="54" /> <p class="entry-content">As law firms increasingly rely on generative artificial intelligence tools to produce legal text, attorneys should be on guard for the overuse of cohesive devices in initial drafts, and consider a few editing pointers to clean up AI’s repetitive and choppy outputs, says Ivy Grey at WordRake.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1854006/purdue-ch-11-ruling-reinforces-importance-of-d-o-coverage" title="Purdue Ch. 11 Ruling Reinforces Importance Of D&amp;O Coverage" class="url entry-title">Purdue Ch. 11 Ruling Reinforces Importance Of D&amp;O Coverage</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1854000/1854006/b5adcb3dd2f09f3616b25551a6f113343452a9d5-evan-bolla.jpg" width="54" /> <p class="entry-content">The U.S. Supreme Court's recent decision in Harrington v. Purdue Pharma, holding that a Chapter 11 reorganization cannot discharge claims against a nondebtor without affected claimants' consent, will open new litigation pathways surrounding corporate insolvency and increase the importance of robust directors and officers insurance, says Evan Bolla at Harris St. Laurent.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1852595/atty-well-being-efforts-ignore-root-causes-of-the-problem" title="Atty Well-Being Efforts Ignore Root Causes Of The Problem" class="url entry-title">Atty Well-Being Efforts Ignore Root Causes Of The Problem</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1852000/1852595/c13429752df7e12df8399e6912c3b5f2c4b6f8ea-j.baum-headshot.jpg" width="54" /> <p class="entry-content">The legal industry is engaged in a critical conversation about lawyers' mental health, but current attorney well-being programs primarily focus on helping lawyers cope with the stress of excessive workloads, instead of examining whether this work culture is even fundamentally compatible with lawyer well-being, says Jonathan Baum at Avenir Guild.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1853350/parsing-justices-toss-of-purdue-s-controversial-ch-11-plan" title="Parsing Justices&#39; Toss Of Purdue&#39;s Controversial Ch. 11 Plan" class="url entry-title">Parsing Justices&#39; Toss Of Purdue&#39;s Controversial Ch. 11 Plan</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1853000/1853350/7757e349818dd9f743e53dcc684a150184e2ca51-ellis,-justin_headshot.jpg" width="54" /> <p class="entry-content">The U.S. Supreme Court's recent nixing of OxyContin manufacturer Purdue Pharma's Chapter 11 proposal prevents the Sackler family from settling thousands of civil opioid lawsuits without the consent of all of the plaintiffs, and holds profound implications for bankruptcy cases, say attorneys at MoloLamken.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1850008/-del-bankruptcy-ruling-will-give-d-o-insureds-nightmares" title=" Del. Bankruptcy Ruling Will Give D&amp;O Insureds Nightmares" class="url entry-title"> Del. Bankruptcy Ruling Will Give D&amp;O Insureds Nightmares</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1850000/1850008/0c5f3d63cadd97a50e8a6e57bfd4ec946d3e2395-klein_david_18815_2016_002_pr.jpg" width="54" /> <p class="entry-content">In Henrich v. XL Specialty Insurance, the Delaware Bankruptcy Court recently found that a never-served qui tam claim had been "brought" before a D&O policy's retroactive date, thereby eliminating coverage, and creating a nightmare scenario for directors and officers policyholders facing whistleblower claims, says David Klein at Pillsbury. </p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1851525/no-matter-the-purdue-ruling-mass-tort-reform-is-needed" title="No Matter The Purdue Ruling, Mass Tort Reform Is Needed" class="url entry-title">No Matter The Purdue Ruling, Mass Tort Reform Is Needed</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1851000/1851525/4ac8fa384ac8a6dc58cf4e32e263ab54d7af5927-william-organek.jpg" width="54" /> <p class="entry-content">The U.S. Supreme Court will soon issue its opinion in the bankruptcy of Purdue Pharma LP, and regardless of the outcome, it’s clear legal and policy reforms are needed to address the next mass tort, says William Organek at Baruch College.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1847872/how-associates-can-build-a-professional-image" title="How Associates Can Build A Professional Image" class="url entry-title">How Associates Can Build A Professional Image</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1847000/1847872/ce3a50c293a15fc6b86b5ba1c0dad979f9f03889-lana-manganiello.jpg" width="54" /> <p class="entry-content">As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1848871/insurers-have-a-ch-11-voice-following-high-court-ruling" title="Insurers Have A Ch. 11 Voice Following High Court Ruling" class="url entry-title">Insurers Have A Ch. 11 Voice Following High Court Ruling</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1848000/1848871/4e892c7db2e9b443fb16d117b7a02d1424ec0a40-georgesinger.jpg" width="54" /> <p class="entry-content">The U.S. Supreme Court's recent ruling in Truck Insurance Exchange v. Kaiser Gypsum — which reaffirmed a broad definition of "party in interest" — will give insurers, particularly in mass tort Chapter 11 bankruptcies, more opportunity to protect their interests and identify problems with reorganization plans, says George Singer at Holland & Hart.</p> </li> <li class="hnews hentry"> <h4><a href="/bankruptcy-authority/mid-cap/articles/1842140/considerations-for-cooperation-contracts-in-loan-trades" title="Considerations For Cooperation Contracts In Loan Trades" class="url entry-title">Considerations For Cooperation Contracts In Loan Trades</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/1842000/1842140/6f4176e73b4e976359532a818857bc6446168a7e-robert-waldner.jpg" width="54" /> <p class="entry-content">Significant challenges to settling trades can arise when lenders of syndicated bank loans enter into defense-oriented cooperation agreements, which are growing in popularity, but working through these issues on the front end of a trade can save hours down the road, says Robert Waldner at Crowell & Moring.</p> </li> </ul> </div> </div> <div class="row"> <div class="col-md-12"><ul class="pagination pagination"><li class="prev"><a rel="prev" href="/bankruptcy-authority/mid-cap/news?page=5">&#8592; Previous</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=1">1</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=2">2</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=3">3</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=4">4</a></li> <li><a rel="prev" href="/bankruptcy-authority/mid-cap/news?page=5">5</a></li> <li class="active"><span>6</span></li> <li><a rel="next" href="/bankruptcy-authority/mid-cap/news?page=7">7</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=8">8</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=9">9</a></li> <li><a href="/bankruptcy-authority/mid-cap/news?page=10">10</a></li> <li class="disabled"><span>&hellip;</span></li> <li class="next"><a rel="next" href="/bankruptcy-authority/mid-cap/news?page=7">Next &#8594;</a></li></ul></div> </div> <div class="row"> <div class="col-md-12">Can't find the article you're looking for? 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