Expert Analysis

A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this... (more story)

Synapse Bankruptcy Has Ripple Effects For Fintech Industry

Synapse Financial Technologies’ recent bankruptcy filing marks a significant moment in the fintech industry's evol... (more story)

Discount Window Reform Needed To Curb Modern Bank Runs

We learned during the spring 2023 failures that bank runs can happen extraordinarily fast in light of modern techn... (more story)

Large Cap More

BREAKING: Chinese Exile Guo Guilty On Most Counts In $1B Fraud Case

A Manhattan federal jury on Tuesday convicted prominent Chinese Communist Party critic Miles Guo on most charges alleging he operated a vast fraud that solicited more than $1 billion worth of sham investments ... (more story)

The 2024 Diversity Snapshot: What You Need To Know

Law firms' ongoing initiatives to address diversity challenges have driven another year of progress, with the representation of minority attorneys continuing to improve across the board, albeit at a slower pac... (more story)

These Firms Have the Most Diverse Equity Partnerships

Law360’s law firm survey shows that firms' efforts to diversify their equity partner ranks are lagging. But some have embraced a broader talent pool at the equity partner level. Here are the ones that stood out.

Brazilian Cement Giant Seeks Ch. 15 With Over $1B In Debt

InterCement, the third-largest cement and concrete supplier in Brazil, sought Chapter 15 recognition from a New York bankruptcy court, saying it filed for mediation procedures in Brazil to stave off creditor l... (more story)

NRA's Policies Called 'Dumpster Fire' As 2nd NY Trial Opens

The New York attorney general cast the National Rifle Association as unrepentant and unreformed as a second-phase bench trial began in state court Monday, after a jury had found the group and its ex-officers l... (more story)

Yellow Corp. Denied Redo In $137M Teamsters Fight

A Kansas federal judge held firm Monday on her decision to throw out Yellow Corp.'s $137 million lawsuit against the Teamsters, in which the trucking company accused the union of driving it into bankruptcy by ... (more story)

FTX Proposes $4B Settlement Of CFTC's Massive $52B Claim

FTX Trading Ltd. asked a Delaware bankruptcy judge to sign off on a settlement with the U.S. Commodity Futures Trading Commission, saying the agreement to allow the agency a $4 billion claim in its bankruptcy ... (more story)

J&J Agrees To Pay $505M In Talc Producers' Ch. 11

Talc mining companies Imerys and Cyprus Mines asked the Delaware bankruptcy court to approve a Chapter 11 settlement in which Johnson & Johnson would pay $505 million in cash and insurance proceeds into a talc... (more story)

PBGC Seeks Early Win In $7.8B Pension Fight In Yellow Ch. 11

The Pension Benefit Guaranty Corp. has filed a motion for partial summary judgment in the Chapter 11 case of trucking firm Yellow Corp., telling a Delaware bankruptcy judge the $7.8 billion dispute over Yellow... (more story)

Girardi Seeks 2-Month Delay For Client Theft Trial, To October

Disgraced lawyer Tom Girardi's defense attorneys want to push back his closely watched wire fraud trial to October from its current August start date, claiming they've been "misled" by "sharp-elbowed" federal ... (more story)

Mid Cap More

Crypto Bank Noble Talents Files Ch. 7 Liquidation In NY

Cryptocurrency banking services provider Noble Talents filed for Chapter 7 liquidation in New York, listing up to $50 million of liabilities.

Fed. Circ. Rejects FEMA Contractor's Water Restocking Fees

The Federal Circuit on Monday upheld the rejection of an embattled government contractor's claim for $13.5 million in restocking fees after the Federal Emergency Management Agency sharply reduced the amount of... (more story)

Owner Of Bankrupt Gov't Contractor Charged With Perjury

The owner of a bankrupt government water contractor has been indicted on perjury charges, accused of falsifying the company's bankruptcy filings by failing to report millions in assets transferred to her and o... (more story)

Pump Co. Execs Must Face Trustee's $59.7M Transfer Suit

A Connecticut federal judge won't toss a Chapter 7 bankruptcy trustee's lawsuit claiming that three former engineering company executives transferred $59.7 million to a holding entity and sent the company into... (more story)

Rue21 Bankruptcy Dismissed After Exculpations Trimmed

Teen apparel retailer rue21 received approval Monday to dismiss its Chapter 11 case after it agreed to narrow who would be protected from potential legal liability as it winds down.

Mogul's Co. Drops Bid To Stop Insurer's Liquidation

A company owned by convicted insurance mogul Greg Lindberg wants to end a fight against North Carolina's liquidation of an insurer, saying that it desires to withdraw its case in the state Court of Appeals.

Judge Will OK Ch. 15 Recognition For SouthRock's Insolvency

A Texas bankruptcy judge said Monday he will grant SouthRock Capital Ltda., a Brazilian private equity company that operates international food brands including Starbucks and TGI, U.S. recognition of its forei... (more story)

Rising Star: Morrison Foerster's Andrew Kissner

Andrew Kissner of Morrison Foerster has represented bondholders in the lengthy and novel bankruptcy of the Puerto Rico commonwealth and was recently recognized for his more than 1,000 hours of pro bono service... (more story)

Law360 Names 2024's Top Attorneys Under 40

Law360 is pleased to announce the Rising Stars of 2024, our list of 158 attorneys under 40 whose legal accomplishments belie their age.

San Diego Diocese Heads Toward Mediation In Ch. 11

Lawyers for the Roman Catholic Diocese of San Diego told a California bankruptcy judge Friday that the diocese is hoping to kick off new mediation efforts as it works to resolve more than 450 sexual abuse laws... (more story)