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In this Emerging Issues
Analysis, author James Lawniczak examines the requirement of
"notice," which is critical in cases where there are many parties
whose interests would be affected by the relief sought -- such as in class
WASHINGTON, D.C. — (Mealey’s) The U.S. Supreme Court on Nov. 26 granted certiorari in a case in which a debtor couple contend that high court review is needed to settle a split in the circuit courts regarding whether Chapter 7 debtors are...
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NEW YORK - (Mealey's) The law firm of Dewey & LeBoeuf filed for Chapter 11 bankruptcy on May 28 in New York, listing between $100 million and $500 million in liabilities ( In re: Dewey & LeBoeuf , No. 12-12321, Chapter 11, S.D. N.Y. Bkcy....
NEW YORK - (Mealey's) Investors on Nov. 6 asked a federal judge in
New York to preliminarily approve a potential $80.25 million settlement of
claims that defendants concealed that the investors' funds were being placed in
accounts that were...
NEW YORK — (Mealey's) The Second Circuit U.S. Court of Appeals on July 22 reinstated a federal bankruptcy court ruling requiring two insurance companies to pay $510 million to asbestos personal injury plaintiffs under decades-old settlements...