In bankruptcy case, U.S. wants court to block J&J's use of high-powered, highly paid lawyer Neal Katyal

Bankruptcy
May 26, 2022
At the powerful law firm of Hogan Lovells, partner Neal Katyal is decidedly a “rainmaker.” So what does it cost to make it rain? $2,465. Per hour. That’s what it takes to do business with Katyal, 52, formerly the Acting Solicitor General of the ...

What Does ”Affiliate Of An Issuer” Mean For Subchapter V Ineligibility? (In re Phenomenon)

Lexology
May 25, 2022
What the heck does this mean: “(1) Debtor.—The term ‘debtor’— . . . (B) does not include— . . . (Iii) any debtor that is an affiliate of an issuer, as defined in section 3 of the Securities Exchange Act of 19...

Statute of Limitations, Res Judicata, and Collateral Estoppel—Oh My! Asserting Affirmative Defenses in Delaware Bankruptcy Court

Lexology
May 25, 2022
The issue of whether directors, officers, and/or shareholders breached their fiduciary duties to a company prior to bankruptcy is commonly litigated in chapter 11 cases, as creditors look to additional sources for recovery, such as D&O insur...

The Monetization Of Intellectual Property In Bankruptcy And Restructuring

Lexology
May 25, 2022
Click here to watch the video. ABI Panel. Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual ...

San Francisco invite-only clubhouse for founders files for bankruptcy

Bizjournals.com Feed (2021-03-16 07:40:49)
May 25, 2022
The co-working and networking space even rented a desk to Gavin Newsom when he was lieutenant governor.

Seward & Kissel attorneys co-author Turnarounds & Workouts article titled, "Bankruptcy System Faces Gov't Backlash"

Back in (the) Black Blog
May 25, 2022
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Terra Is Back From Bankruptcy

Bankruptcy
May 25, 2022
May 25, 2022, 6:11 PM UTC Follow the authors Matt Levine is a Bloomberg Opinion columnist covering finance. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen &...

US Raises Objection To Johnson & Johnson's High Cost Lawyer For Talc Bankruptcy Case: Reuters

Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals
May 25, 2022
Johnson & Johnson (NYSE: JNJ) is ready to cough up an hourly rate of $2,465 in a bid to add Hogan Lovells partner Neal Katyal to its legal team for the talc liability case. read more

BigLaw partner’s hourly billing rate of nearly $2,500 draws objection from bankruptcy trustee

Bankruptcy
May 25, 2022
Home Daily News BigLaw partner's hourly billing rate of nearly… Lawyer Pay BigLaw partner's hourly billing rate of nearly $2,500 draws objection from bankruptcy trustee By Debra Cassens Weiss May 25, 2022, 8:31 am CDT Neal K. ...

Declare ‘Calendar Bankruptcy’ to Move Beyond Meeting-Driven Culture

Bankruptcy
May 25, 2022
It’s a ubiquitous complaint in corporate culture: Practically everyone is overwhelmed by meetings. And there are real questions about whether meetings are necessary to get things done, or if they are getting in our way far too often. In a su...

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