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Elliott, Apollo, Caesar's Palace and a Bunch of Bankruptcy Law Professors

One of the most dramatic stories in corporate finance and bankruptcy over the past decade has been the Caesar s Palace battle between a bunch of hard nosed distressed debt hedge funds and big bad private equity shops. A bunch of. ....

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Business Restructuring Review | May–June 2021 | Jones Day

In This Issue:
In
In re Orexigen Therapeutics, Inc., 990 F.3d 748 (3d Cir. 2021), the U.S. Court of Appeals for the Third Circuit ruled as a matter of first impression that triangular setoff does not satisfy the Bankruptcy Code s mutuality requirement.
Should Equitable Mootness Bar Appeals Only of Chapter 11 Plan Confirmation Orders?
As demonstrated by a ruling recently handed down by the U.S. District Court for the Northern District of Texas, courts disagree on whether equitable mootness should apply only to appeals of plan confirmation orders. In
Harden Healthcare LLC v. OLP Wyoming Springs LLC (In re Senior Care Centers, LLC), 2021 WL 632779 (N.D. Tex. Feb. 18, 2021), the district court affirmed a bankruptcy court order approving a settlement reached in connection with a sale transaction. In so ruling, the court held that the appeal was neither equitably nor statutorily moot, noting that, according to Fifth Circuit precedent, equitable mootness should ....

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Business Restructuring Review | May–June 2021 - Insolvency/Bankruptcy/Re-structuring

In This Issue:
In
In re Orexigen Therapeutics, Inc., 990 F.3d 748
(3d Cir. 2021), the U.S. Court of Appeals for the Third Circuit
ruled as a matter of first impression that triangular
setoff does not satisfy the Bankruptcy Code s
mutuality requirement.
Should Equitable Mootness Bar Appeals Only of Chapter 11
Plan Confirmation Orders?
As demonstrated by a ruling recently handed down by the U.S.
District Court for the Northern District of Texas, courts disagree
on whether equitable mootness should apply only to appeals of plan
confirmation orders. In
Harden Healthcare LLC v. OLP
Wyoming Springs LLC (In re Senior Care Centers, LLC), 2021 WL ....

New York , United States , New South Wales , Western Australia , City Of , United Kingdom , Ben Larkin , Lucas Wilk , Roger Dobson , Charlesm Oellermann , Markg Douglas , Bruce Bennett Los , Heather Lennox Cleveland , Bruce Bennett Los Angeles , Tim Lestrange , Dant Moss , Christopher Dipompeo , Katie Higgins , Senior Care Centers , Tribune Co , Us Court , Clive Primary , Office Newsletter , Corporation Law Of Delaware Or Stream , International Law , Client Service ,

"The Truth Turns Out to Be Ugly": How Paul, Weiss Tried to Thwart Reporting on the Caesars Palace Collapse

To revist this article, visit My Profile, then View saved stories.
Take a quick spin through the home page of Paul, Weiss, the prominent and highly profitable Wall Street law firm, and you will find reference to
Loretta Lynch, the former U.S. attorney general and former U.S. attorney for the Eastern District of New York, who joined Paul, Weiss as a litigation partner in 2019. The firmâs website highlights Lynchâs appearance on a recent episode of Washington Post Live discussing race and criminal justice reform. There is also an article from
The
American Lawyer featuring
Ted Wells, another Black litigation partner at the firm, for his lifetime achievement and for being one of his generationâs foremost trial lawyers. (Among other high-profile cases, Wells wrote the report for his client the National Football League about ....

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