Bankruptcy Law News and Insights

On August 29th, 2023, 3M announced a wide-ranging $6 billion settlement reached with plaintiffs' counsel meant to resolve pending and future litigation related to Combat Arms Earplugs produced by its subsidiary Aearo Technologies. The deal represents $5 billion in cash and $ 1 billion in 3M common stock over the...

Read More

On 8 November 2022, the Fifth Circuit heard oral argument in connection with the direct appeal of the Southern District of Texas Bankruptcy Court's order largely denying the Electric Reliability Council of Texas, Inc.'s (ERCOT's) motion to dismiss the adversary complaint against it filed by Chapter 15 debtors Just Energy...

Read More

Removal Generally Removal of cases from one court to another is typically done when a party involved in a legal dispute believes the case should be heard in a different jurisdiction or court. Removal is governed by specific legal procedures and statutes, and it can occur for various reasons, depending...

Read More