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Bankruptcy Filings Rise 10% and Local Courts Are Feeling the Pinch

Bankruptcy Filings Rise 10% and Local Courts Are Feeling the Pinch



Bankruptcy Filings Rise 10% and Local Courts Are Feeling the Pinch | Daily Business Review
















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Credit: Thanyalak/Adobe Stock

Attorney Glenn Moses attributes the uptick to “…a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing.”

August 01, 2023 at 11:38 AM

3 minute read

Lisa Willis

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Federal court data show a double-digit uptick in bankruptcy filings, and the ripple effect is being felt in South Florida.

In a report issued July 31, personal and business bankruptcy filings rose 10 percent in the twelve-month period ending June 30, 2023, compared with the previous year.

Read the U.S. Bankruptcy Report Here

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August 3, 2023 by ATTORNEY

The Court in the Boy Scouts Bankruptcy Fails to Do Its Duty

The Court in the Boy Scouts Bankruptcy Fails to Do Its Duty



The Court in the Boy Scouts Bankruptcy Fails to Do Its Duty | National Law Journal
















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https://www.law.com/nationallawjournal/2023/06/13/the-court-in-the-boy-scouts-bankruptcy-fails-to-do-its-duty/

Todd Zywicki is George Mason University Foundation Professor Law at Antonin Scalia Law School. Courtesy photo

COMMENTARY

The dynamics of this case illustrate the dangers posed by the intersection of bankruptcy law with the modern tort system.

June 13, 2023 at 09:00 AM

6 minute read

By Todd Zywicki |
June 13, 2023 at 09:00 AM

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June 16, 2023 by ATTORNEY

This South Florida Lawyer Just Became a Federal Judge

Bankruptcy Filings Rise 10% and Local Courts Are Feeling the Pinch



This South Florida Lawyer Just Became a Federal Judge | Daily Business Review

















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https://www.law.com/dailybusinessreview/2023/05/10/breaking-this-south-florida-lawyer-just-became-a-federal-judge/

Corali Lopez-Castro partner with Kozyak Tropin & Throckmorton. Corali Lopez-Castro partner with Kozyak Tropin & Throckmorton.

NEWS

“My parents left Cuba many years ago and they sacrificed everything, and you can imagine their pride in having their daughter as a federal bankruptcy judge,” the attorney said.

May 10, 2023 at 12:18 PM

4 minute read

Michael A. Mora

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What You Need to Know

  • The Coral Gables attorney will fill the vacancy created by Chief U.S. Bankruptcy Judge Emeritus A. Jay Cristol’s retirement.
  • The incoming federal bankruptcy judge said she will be sworn in within two weeks.
  • She brings over three decades of experience as a bankruptcy practitioner handling cases for domestic and international clients.

A Coral Gables attorney will become the next judge to preside over cases in  the U.S. Bankruptcy Court for the Southern District of Florida.

Corali Lopez-Castro, a partner at Kozyak Tropin & Throckmorton, will fill the vacancy created by Chief U.S. Bankruptcy Judge Emeritus A. Jay Cristol following his retirement in January after nearly four decades of service to the federal judiciary.

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May 12, 2023 by ATTORNEY

$8.9B Settlement: Attorney Helms Proposed Johnson & Johnson Talcum Powder Deal

.9B Settlement: Attorney Helms Proposed Johnson & Johnson Talcum Powder Deal



$8.9B Settlement: Attorney Helms Proposed Johnson & Johnson Talcum Powder Deal | Texas Lawyer
















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https://www.law.com/texaslawyer/2023/04/04/8-9b-settlement-attorney-helms-proposed-johnson-johnson-talcum-powder-deal/

J&J Baby Powder Johnson and Johnson’s baby powder. Photo: Tiffany Hagler-Geard/Bloomberg

NEWS

“This is the largest products liability settlement ever realized after a bankruptcy filing,” said Mikal Watts.

April 04, 2023 at 06:29 PM

5 minute read

Adolfo Pesquera

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What You Need to Know

  • Plaintiffs attorneys reached a proposed settlement with Johnson & Johnson on the talc powder multidistrict litigation.
  • J&J will pay $8.9 billion into a talc trust to compensate claims of gynecologic cancer and mesothelioma.
  • At least 75% of the claimants must approve the agreement and there are 38,000 lawsuits affected.

San Antonio attorney Mikal Watts of Watts Guerra and Talc Powder Justice reached final negotiations on a proposed private settlement with Johnson & Johnson to resolve all talc claims.

Approval of the settlement is unclear at this point since some law firms representing claimants are expressing opposition.

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April 5, 2023 by ATTORNEY

Eversheds Sutherland Hires Trio of Finance and Restructuring Lawyers

Eversheds Sutherland Hires Trio of Finance and Restructuring Lawyers



Eversheds Sutherland Hires Trio of Finance and Restructuring Lawyers | Daily Report
















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A photo of Eversheds Sutherland's offices Eversheds Sutherland. Courtesy photo

NEWS

Regardless of bankruptcy filings this year, the firm said it’s aiming to grow its finance and restructuring teams simultaneously.

September 28, 2022 at 04:10 PM

3 minute read

Jacob Polacheck

Eversheds Sutherland is one of the latest law firms to stock up on talent in finance and restructuring, announcing three hires this week across different offices.

The lawyer moves come amid growing economic concern in the U.S. and internationally, and as law firms across the Am Law 200 and the legal industry have been hiring in bankruptcy and finance practices this year.

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October 2, 2022 by ATTORNEY
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