Chapter

Supreme Court Examines the Role of Insurers in Chapter 11 Cases, Posing New Questions

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WASHINGTON (AP) — The standing of insurers in Chapter 11 bankruptcy cases is being considered by the Supreme Court. The outcome of the case, Citizens Development Center vs. Standard Insurance Corporation, could have significant implications for insurers and other creditors in bankruptcy proceedings. At issue is whether insurers have standing to bring claims against a bankrupt debtor when their policyholder has also filed a proof of claim. The case centers around the interpretation of Bankruptcy Rule 3009, which governs the filing of claims by creditors. The Supreme Court’s decision could impact the treatment of insurance … Read more

Ohio Attorney General Dave Yost Unveils Enhanced “Yellow Book” with New Chapter on Law Enforcement Records

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COLUMBUS, Ohio – Ohio Attorney General Dave Yost has released the updated 2024 edition of the Sunshine Laws Manual, also known as the “Yellow Book.” This manual serves as a resource for Ohioans to better understand their rights and assists public officials in fulfilling their responsibilities under Ohio’s Public Records and Open Meetings laws. The manual has been revised to ensure its accuracy and relevance in light of the evolving legal landscape. Yost emphasizes the importance of transparency in government, stating that without it, citizens cannot fully participate in their democracy or hold their leaders … Read more

Third Circuit Court of Appeals Dismisses Johnson & Johnson Affiliate’s Chapter 11 Bankruptcy Case, Highlights Impact on Future Filings

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Philadelphia, PA – The Third Circuit Court of Appeals issued a landmark ruling today, dismissing a Chapter 11 bankruptcy case filed by Johnson & Johnson affiliate LTL Management LLC. This decision is expected to have far-reaching implications for future bankruptcy filings of a similar nature. The bankruptcy case stemmed from a multi-step divisional merger conducted under Texas law. Following the merger, LTL became responsible for J&J’s talc liabilities, but did not possess any operating assets. In October 2021, LTL filed for Chapter 11 bankruptcy and sought an injunction from the bankruptcy court to protect J&J … Read more

Former Virginia Delegate Les Adams Appointed as Judge for the 22nd Judicial District: Southside Politician Begins New Chapter in Danville, Pittsylvania, and Franklin Counties

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DANVILLE, Va. – Former Virginia Delegate Les Adams has been appointed as a judge for the 22nd Judicial District. The Virginia General Assembly selected Adams for the position, which covers the City of Danville, Pittsylvania County, and Franklin County. Adams, who had previously served as a politician in the Southside region, represented the 48th House District from 2014 until his resignation in December. During his tenure, he advocated for various issues impacting Henry County, Pittsylvania County, and Martinsville. As a General District Court Judge, Adams will begin his six-year term on February 1. This appointment … Read more