Otterbourg P.C. Launches Mass Tort Bankruptcy Practice Group, Providing Unprecedented Legal Support for Creditors and Fiduciaries

New York, NY – Otterbourg P.C. has officially announced the launch of its Mass Tort Bankruptcy Practice Group. This move formalizes a highly successful informal practice group that has operated within Otterbourg for the past few years. The Mass Tort Bankruptcy Practice Group provides advice and representation to creditors and fiduciaries of creditors, including tort claimants, governmental units, official committees, ad hoc committees, future claimant representatives, and settlement trust trustees and committees. This includes offering support during bankruptcies involving significant mass tort liabilities. Led by Bankruptcy and Restructuring Partner Sunni P. Beville and Litigation Partner … Read more

Otterbourg P.C. Launches Specialized Mass Tort Bankruptcy Practice Group to Provide Comprehensive Legal Solutions

New York, NY – In a significant development, Otterbourg P.C., a prominent law firm based in New York, has announced the official launch of its Mass Tort Bankruptcy Practice Group. Led by highly experienced experts in the field, Sunni P. Beville and Adam C. Silverstein, along with the guidance of retired Chief Judge Melanie Cyganowski, the group aims to provide comprehensive legal services to creditors and fiduciaries involved in mass tort bankruptcy cases. With a strong foundation in mass tort bankruptcy, Otterbourg has been involved in pivotal cases such as In re LTL Management LLC … Read more

Protecting American Intellectual Property: The Threat Posed by Foreign Funders in Mass Tort Litigations

Santa Clara, Calif. – Lax regulations in the United States are creating an avenue for foreign adversaries to access sensitive corporate information and American trade secrets, posing a threat to national security. Strong intellectual property protections are crucial for sectors like aerospace, defense, biotech, and energy. Therefore, it is imperative to address this oversight. The issue revolves around mass tort litigations, which are personal injury legal actions involving large companies that allegedly caused harm to multiple plaintiffs. Attorneys specializing in mass torts can profit greatly from these cases, as they often receive a significant share … Read more

The Supreme Court to Decide on Insurer Participation in Bankruptcies, Potentially Impacting the Surge in Mass Tort Lawsuits

New York, NY – A case coming before the U.S. Supreme Court this term may have far-reaching consequences for the nation’s mass tort lawsuits. The issue at hand is whether insurers should be allowed to participate in bankruptcies where tort claims are involved. Currently, debtors and creditors have the right to participate, but insurers are often left out. The question is whether insurers, who play a role in defending tort cases, should be considered “party-in-interest” and have a say in the bankruptcy process. The Supreme Court will weigh in on this issue in the case … Read more