April 01, 2024
The agent administering the confirmed plan of bankrupt hand-sanitizer maker 4E Brands Northamerica LLC received permission Monday from a Texas judge to modify that plan, allowing the agent to distribute fees clawed back from embattled law firm Jackson Walker LLP to the debtor's unsecured creditors.
March 01, 2024
As fallout over the Judge David R. Jones case continues, the U.S. Trustee's Office has filed a flurry of new motions in multiple bankruptcy cases, seeking to claw back fees paid to Jackson Walker LLP and, in at least one case, to reopen proceedings.
February 15, 2024
The Chapter 11 agent for hand sanitizer maker 4E Brands Northamerica LLC has asked a Texas bankruptcy judge to approve a modified reorganization plan that would allow unsecured creditors to recover fees that Jackson Walker LLP may be forced to disgorge over an ethics scandal involving a former partner.
February 07, 2024
Jackson Walker LLP, the firm at the center of a legal ethics scandal over the undisclosed relationship between a lawyer and a bankruptcy judge, has stepped down as Chapter 11 counsel to hand sanitizer maker 4E Brands Northamerica LLC as a Texas bankruptcy judge considers revoking $800,000 in legal fees paid to the firm in the case.
January 10, 2024
A bankruptcy judge in the Southern District of Texas on Wednesday ordered the deposition of the Chapter 11 agent for a hand sanitizer maker after his apparent lack of action, as the court seeks his input in deciding how to proceed with dozens of attorney fee disgorgement cases against Jackson Walker.
December 18, 2023
A Texas bankruptcy judge will continue to oversee hand sanitizer maker 4E's Chapter 11 case after another judge recently rejected creditors' motion seeking recusal, part of a web still being untangled after an ethical scandal involving a judge and a Jackson Walker LLP partner that rocked the court earlier this year.
November 14, 2023
The Texas bankruptcy judge overseeing the Chapter 11 case of a hand sanitizer company said Tuesday that he would defer decisions about claims against the company pending the outcome of a recusal request due to his working relationship with former U.S. Bankruptcy Judge David R. Jones.
October 30, 2023
Personal injury claimants in the Chapter 11 case of Kimberly-Clark-affiliated hand sanitizer company 4E Brands Northamerica have asked a Texas court to disgorge fees paid to the debtor's law firm because one of its former attorneys was involved in an undisclosed personal relationship with a bankruptcy judge in the district.
October 28, 2022
Crypto lender Celsius Network got the go-ahead to auction off its assets, bond seller GWG Holdings got permission to raise $630 million to pay back its bankruptcy loans and Axos Bank was hit with an $18.3 million verdict for pilfering MUFG Union Bank's Chapter 7 trustee deposit business. This is the week in bankruptcy.
October 26, 2022
A Kimberly-Clark Corp. affiliate that distributed tainted hand sanitizer products received approval for its Chapter 11 plan Wednesday after amending the documents to reflect agreement with state and federal environmental regulators on the destruction of the poisonous stock.