Asbestos defendants continue to convince state legislatures to create some long overdue intersections between personal in jury claims in...

Bankruptcies are frequently used to resolve mass tort situations. In some instance, a bankruptcy is fairly foreseeable as tort claims...

The story is here on the WSJ Law Blog. Mr. Scalia (the younger) knocks down $ 980. per hour. #Bankruptcy

The bankruptcy courts of Delaware and New York dominate major chapter 11 cases, to the great delight of lawyers in those areas. But the...

As described here and here by DealBook, American Airlines has now joined the parade of airlines taking their second (or third)...

The MF Global fiasco has left $ 600 million missing, and 38,000 customer accounts being scrutinized as to what happened. Tort and...

U.S. bankruptcy judges purport to wield vast power, such as issuing purportedly global stays of all litigation pending against a debtor....

I’m shocked, just shocked, that a judge could think inside information and lack of disclosure could have tainted a chapter 11 case...

Will litigation liabilities overwhelm Countrywide and/or Bank of America and force one or more entities into insolvency? That’s the...

Earth Day. A day to consider some of the consequences of the BP oil rig fiasco in the larger context of mass torts. One problem arising...

Asbestos claimants continue to pursue GM for asbestos-related recoveries. Here is a story from Bloomberg yesterday on a recent hearing...

A couple of observations on the Lehman bankruyptcy fees now that the case is back in the news as total professional fees approach $ 850...

A new article by Russel Prugh from Marten Law caught my eye because it explained that the federal circuit courts are now embracing a rule...

I’m enjoying today a role as co-chair of this Perrin conference on asbestos chapter 11 cases.The timing of the conference is fortuitous...

Chapter 11 filings used to imprint a scarlet letter on a company that was usually actually bankrupt in the classic sense of the word. Not...

After oral argument about a year ago, the 3rd Circuit has now sua sponte issued an order for reargument en banc in the important GIT...

Chapter 11 tort claim funds and trusts, backed by injunctions against litigation, are used for more than just chapter 11 asbestos...

Will the oil rig fiasco result in a chapter 11 filing by BP entities or others ? If so, it could well be a positive for chapter 11 cases...

Two new asbestos chapter 11 cases were filed in the last two weeks. Both filings are interesting for various reasons. One of the filings...

Spring break included time to read several books. Some are relevant to a GlobalTort topics, including one highly relevant to the deep...