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Law
US seeks clawback of fees paid to law firm with ties to top bankruptcy judge
...Jones resigned last month as the chief judge of the US bankruptcy court for the Southern District of Texas after he admitted to concealing a relationship with Liz Freeman, a Houston bankruptcy lawyer and...
November 3, 2023
Law
US bankruptcy judge approved potential $750 hourly legal fee for girlfriend
...David R Jones, the chief judge of the US bankruptcy court for the Southern District of Texas, resigned in the past week after he admitted to concealing a romantic relationship with a Houston bankruptcy attorney...
October 19, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Bankruptcy
The US scourge of venue shopping
...Drain, the only bankruptcy judge sitting in the White Plains Division of the Bankruptcy Court for the Southern District of New York....
March 28, 2024
Donald Trump
Trump issued with gag order in New York ‘hush money’ case
...In one instance last year, “the office received a letter addressed to the district attorney containing a small amount of white powder and a note stating: ‘Alvin: I’m going to kill you’”, lawyers from the...
March 26, 2024
Inside BusinessSujeet Indap
Texas is throwing down a legal challenge to Delaware
...“The new court sets Texas apart from others and I believe will draw even more business to the state, says Christina Sautter, a law professor at Southern Methodist University....
January 29, 2024
Donald Trump
Donald Trump prosecutor seeks gag order ahead of ‘hush money’ trial
...his attacks on the district attorney over the past year — often on his social media site Truth Social — had already led to “hundreds of threats” against the office....
February 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from February 14: UK inflation holds steady, Uber debuts $7bn share buyback
Sexual assault case against ExxonMobil’s former head of US shale dropped
...“The district court dismissed the complaint and information upon the state’s motion, which motion was based on the absence of an indictment from the grand jury,” said Mike Holley, first assistant district...
February 14, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...Rashid did not convince the district judge even as the court also pointed the finger at Apollo’s practices....
March 28, 2024
Due Diligence
Carl Icahn, a Texas lawyer and a bottle of vodka Premium content
...Jamail then visits Icahn’s Manhattan offices to hash out a settlement over a drink and the trial lawyer is quickly hustled to the Parker Meridien where the two hold court on a weekday morning....
January 31, 2024
FT Schools
Politics class: stories for study
...inside story of Liz Truss’s disastrous 44 days in office Truss finally admits defeat on tax benefit for the wealth Liz Truss installs close allies in top cabinet jobs Boris Johnson: the entertainer who...
April 14, 2024
Inside BusinessSujeet Indap
Test case looms for companies seeking US bankruptcy protection
...The DoJ’s bankruptcy court affiliate, the Office of the US Trustee, in a court filing now argues that Sorrento deployed “an abusive venue manufacturing scheme” to improperly land in Houston....
February 26, 2024
Donald Trump
Special counsel in Trump’s Georgia case steps down after judge’s ultimatum
...The district attorney’s office and Wade did not immediately respond to a request for comment....
March 15, 2024
The Big Read
The downfall of the judge who dominated bankruptcy in America
...Jones was then the chief judge for the Southern District of Texas (SDTX) federal bankruptcy court and based in Houston....
November 21, 2023
ExplainerDonald Trump
How Trump’s trial calendar is shaping up ahead of 2024 election
...The trial, which was originally set to begin on March 4, will be delayed while the US Supreme Court considers whether Trump is entitled to presidential immunity for the acts committed while he was in office...
March 15, 2024
The FT ViewThe editorial board
Delaware versus Elon Musk
...Companies decide in which state to incorporate legally, often separately from their head office locations; many pick Delaware because of the small court’s dominance and its reputation for pragmatism and...
February 6, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
Charif Souki
Gas pioneer Charif Souki ordered to repay $100mn after loan default
...So Plaintiffs lose on all their claims,” wrote Christopher Lopez, US bankruptcy judge for Texas’s southern district, in his ruling....
April 2, 2024
Bankruptcy
Top US bankruptcy judge steps aside from big cases amid investigation
...But in the first half of 2023, 16 of the 20 largest bankruptcy cases were filed in the Southern District of Texas, according to recent report from Cornerstone Research....
October 13, 2023
Donald Trump
New York prosecutors seek delay of Donald Trump ‘hush money’ trial
...The office of the US attorney for the Southern District of New York declined to comment....
March 14, 2024
US immigration
New York files $708mn lawsuit over migrants bussed from Texas
...In a lawsuit filed on Thursday, the office of New York mayor Eric Adams said it was seeking $708mn in compensation from the companies — a sum its lawyers said reflected the cost of accommodating the 33,600...
January 4, 2024
Sam Bankman-Fried
FTX founder Sam Bankman-Fried sentenced to 25 years in prison for fraud
...Damian Williams, the US attorney for the southern district of New York, whose office brought the case, said Bankman-Fried “orchestrated one of the largest financial frauds in history, stealing over $8bn...
March 28, 2024
William Magnuson
What ancient Athens can teach modern America about law and democracy
...The writer is a law professor at Texas A&M University and the author of ‘The Just and the Good: Twelve Laws That Made the Modern World’ (forthcoming) In December the Supreme Court in the American state...
February 4, 2024
Oil & Gas industry
US landowners sue to force oil company clean-up of abandoned wells
...The case, which is filed in Adams County district court in Colorado, highlights questions over who bears responsibility for old oil and gas wells after they reach the end of their productive lives....
February 23, 2024
Sovereign bonds
A Sri Lankan debt twist
...Damian Williams, the US Attorney for the Southern District of New York (which has jurisdiction over the NY law bonds) has sent a letter to judge Denise Cote, who is presiding over the case....
September 1, 2023
News in-depthExxonMobil
ExxonMobil takes legal hammer to climate shareholder groups
...The company filed suit in the US district court of northern Texas, arguing that Follow This and Arjuna’s proposal was “driven by an extreme agenda” and “calculated to diminish the company’s existing business...
February 7, 2024
Due Diligence
China threatens $69bn Broadcom-VMware mega-deal Premium content
...This past Monday, Jones resigned after the 5th Circuit Court of Appeals, which oversees the Southern District of Texas bankruptcy court where Jones sits, said there was “probable cause” of wrongdoing by...
October 20, 2023

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