SAMANTHA GOLDSTEIN—On February 25, 2022, New Jersey U.S. Bankruptcy Court Judge, Michael Kaplan, allowed healthcare giant Johnson & Johnson’s spinoff company, LTL Management, LLC (“LTL Management”), to proceed with its filing of chapter 11 bankruptcy. Johnson & Johnson’s bankruptcy strategy evolved due to the 38,000 lawsuits claiming that its talc-based baby powder was contaminated with […]
BRIDGET STEIN—Real Housewife Erika Girardi titled her New York Times Bestseller, A Pretty Mess, but little did she know her life would become one two years later. The Real Housewives franchise is known mostly as a guilty pleasure reality television show. However, quite a lot can be learned from the current legal battle for the […]
CHRISTIAN DE LA OSA—On January 14, 2021, the United States Supreme Court decided City of Chicago, Illinois v. Fulton. In a unanimous decision, the Supreme Court held that “mere retention” of property of the estate after a bankruptcy petition has been filed does not violate the Bankruptcy Code’s “automatic stay.” At first glance, this decision […]
BRANDON SIMON—Our parents instructed us to go to school and get a job. They said it was a wise investment that would pay off at the end of the day. They told us we need a college degree to get a job. An even heavier proposition is what our parents failed to tell us: our […]
BY MICK ERLANDSON — On March 14th, Michigan Governor Rick Snyder selected Kevyn Orr, a bankruptcy attorney at Jones Day, to become the most high profile emergency manager to date, assuming nearly autocratic control over the municipality of Detroit. The controversial move is intended to help the dire financial situation of the city, which sits […]
