Bankrupt electric vehicle battery maker Northvolt AB told a Texas bankruptcy judge that its Chapter 11 case is possibly headed for dismissal after its parent company filed an insolvency case in Swedish court early Wednesday.
Law360
Bankruptcy
FRIDAY, MARCH 14, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Northvolt's Ch. 11 Dismissal Possible After Swedish Filing

By Vince Sullivan

Bankrupt electric vehicle battery maker Northvolt AB told a Texas bankruptcy judge that its Chapter 11 case is possibly headed for dismissal after its parent company filed an insolvency case in Swedish court early Wednesday.

Read full article » | Save to favorites »

Willkie Beats Malpractice Suit Over ERISA Ch. 11 Advice

By Dorothy Atkins

An Ohio federal judge affirmed Tuesday a bankruptcy court's decision tossing legal malpractice claims filed by a coal company executive's estate against Willkie Farr & Gallagher LLP, rejecting the estate's arguments it sufficiently alleged Willkie was grossly negligent in failing to warn the estate about a potential $6.5 billion ERISA liability.

Order attached | Read full article » | Save to favorites »

Pa. Coal Co. Auction Gets 2-Week Pause After Value Spike

By P.J. D'Annunzio

A Pennsylvania bankruptcy judge has agreed to allow a pause in the auction of bankrupt Corsa Coal Corp.'s assets after hearing from lawyers in the Chapter 11 case that the machinery, equipment and real estate being sold has recently been appraised for more than the current bids.

Read full article » | Save to favorites »

CHAPTER 11

2nd Circ. Upholds Sanctions In Chinese Billionaire's Ch. 11

By Emlyn Cameron

The Second Circuit Court of Appeals on Wednesday torpedoed an appeal from the daughter of bankrupt Chinese exile Miles Guo — also known as Ho Won Kwok — and her attorney seeking to overturn a nearly $83,400 discovery sanction, saying the contempt ruling was merited.

Order attached | Read full article » | Save to favorites »

Pallet Biz Says District Court Can't Weigh Bankruptcy Order

By Danielle Ferguson

Pallet company PaLIoT Solutions Inc. told a Michigan federal judge on Wednesday that the issue of whether it violated a bankruptcy court's order regarding trade secrets purchased in a rival company's asset sale has already been decided, while the competitor said its rival is flip-flopping on its arguments.

2 documents attached | Read full article » | Save to favorites »

US Trustee Seeks Sanctions Against NY Lawyer

By MJ Koo

The federal bankruptcy watchdog asked a New York judge Wednesday to sanction a lawyer who allegedly concealed her conflicts of interest while representing a debtor and a buyer in two separate Chapter 11 cases.

2 documents attached | Read full article » | Save to favorites »

Mo. Court Finds Exclusion Bars Mallinckrodt Opioid Coverage

By Ganesh Setty

A group of insurers have no coverage obligations under certain policies issued to drugmaker Mallinckrodt as a trust created from the company's first bankruptcy seeks to resolve underlying opioid claims with the help of insurance benefits, a Missouri state court ruled, finding a "your products" exclusion applicable.

2 documents attached | Read full article » | Save to favorites »

LEGAL INDUSTRY

​​​​​​​Alex Jones' Sandy Hook Atty Suspended Over Info Release

By Aaron Keller

Former Alex Jones attorney Norm Pattis will be suspended from practicing law for two weeks, a Connecticut judge has ruled, capping a three-year ethics saga that started when Pattis asked an associate to send Sandy Hook families' medical records to the Infowars host's Texas bankruptcy lawyer.

Decision attached | Read full article » | Save to favorites »

Trump Asks Justices To Limit Pauses Of Birthright Order

By Katie Buehler

President Donald Trump asked the U.S. Supreme Court on Thursday to limit three nationwide court orders prohibiting the implementation of his executive order aimed at limiting birthright citizenship, arguing that the coast-to-coast injunctions upended the judicial process and are trying to micromanage the executive branch.

3 documents attached | Read full article » | Save to favorites »

UPenn Slams White Law Prof's Race Bias Claims

By James Boyle

The University of Pennsylvania's trustees pushed back Wednesday against a law professor's claim that her contract with the school was breached when she was sanctioned for racist remarks, saying it followed disciplinary procedures laid out in the faculty handbook.

Brief attached | Read full article » | Save to favorites »

Lobbying Group Urges Transparency In New AI Ethics Code

By Emily Sawicki

After more than a year of research and study, D.C.-area lobbying trade group the National Institute for Lobbying and Ethics on Thursday published its first artificial intelligence ethics code, which emphasizes core principles including transparency, fairness and inclusivity, privacy and data security, and civic engagement and education.

1 document attached | Read full article » | Save to favorites »

Del.'s Divisive Corporate Law Rework Passes In State Senate

By Jeff Montgomery

Divisive amendments to Delaware's general corporation law cleared the state Senate Thursday with multiple questions but little debate and without dissenting votes, and will now be sent to the House amid warnings that failure to approve could weaken the state's standing as a top corporate charter hub.

Read full article » | Save to favorites »

E-Commerce Ace Rejoins Greenberg Traurig From GC Role

By James Mills

Greenberg Traurig LLP is welcoming back an intellectual property pro as a shareholder in its Los Angeles office after three years away serving as general counsel for the Americas at e-commerce company Shein, the firm announced Thursday.

Read full article » | Save to favorites »

Solicitor General Pick, 2 More DOJ Noms Go To Full Senate

By Courtney Bublé

The Senate Judiciary Committee on Thursday voted out of committee the nomination of President Donald Trump's former personal attorney, Dean John Sauer, to be solicitor general and two other nominees for major U.S. Department of Justice roles, all along party lines.

Read full article » | Save to favorites »

After Court Loss, DA Willis To Turn Over Trump Probe Docs

By Emily Johnson

Fulton County District Attorney Fani Willis has told a Georgia state court that she will respond to the subpoenas from a state Senate committee investigating whether her personal relationship with a special prosecutor amounted to misconduct in her prosecution of President Donald Trump in an election interference case after previously losing her bid to quash the subpoenas.

Brief attached | Read full article » | Save to favorites »

Paul Hastings Adds Ex-DLA Piper Structured Credit Pro In NY

By Kevin Penton

Paul Hastings LLP has added a structured credit attorney previously with DLA Piper as a partner in New York, the firm announced Thursday.

Read full article » | Save to favorites »

Mass. Judge Of 'Varsity Blues' Case To Take Senior Status

By Julie Manganis

Massachusetts U.S. District Judge Nathaniel M. Gorton, who oversaw hundreds of trials over the course of three decades, including the "Varsity Blues" college admissions cases, plans to take senior status at the end of May.

Read full article » | Save to favorites »

Willkie Farr Hires Kirkland Private Funds Partner In NY

By Jack Rodgers

Willkie Farr & Gallagher LLP has hired a private funds attorney in New York who spent the past four years at Kirkland & Ellis LLP advising fund sponsors on operational and other matters, the firm announced Wednesday.

Read full article » | Save to favorites »

Brief

Boston Firm, IT Vendor Settle Fight Over Data

By Julie Manganis

Melick & Porter LLP has settled a suit accusing its former IT vendor of holding the Boston law firm's computer systems and data hostage during the transition to a new provider.

Read full article » | Save to favorites »

Promo that reads 2025 AI Survey Promo that reads Law360 UK Pulse UK Satisfaction Survey

LAW FIRMS IN TODAY'S NEWS

Akin Gump

Andrews & Springer

BatesCarey

Bernstein Burkley

Bricker Graydon

Brown & James

Brownstein Hyatt

Chiesa Shahinian

Clyde & Co

Cozen O'Connor

DLA Piper

Dentons

Dhillon Law Group

Duane Morris

Fried Frank

Gilbert LLP

Grant & Eisenhofer

Greenberg Traurig

Haynes Boone

Holtzman Vogel

Holwell Shuster

Husch Blackwell

Jenner & Block

Kirkland & Ellis

Lax & Neville

Melick & Porter

Miller Canfield

Morgan Lewis

Morris James

Munger Tolles

Neubert Pepe

Nutter McClennen

Paul Hastings

Raines Feldman

Riezman Berger

Robbins Alloy

Ropes & Gray

Sandberg Phoenix

Skarzynski Marick

Squire Patton

Taft Stettinius

Tucker Law Group

Verdi & Ogletree

Wachtell Lipton

Watters Wolf

Willkie Farr

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

American Bar Association

American Home Assurance Co.

American International Group Inc.

Aspen Insurance Holdings Ltd.

Delaware State Bar Association

Fordham University

KeyCorp

LinkedIn Corp.

Microsoft Corp.

Princeton University

Tesla Inc.

Twitter Inc.

UCLA School of Law

Walt Disney Parks & Resorts Worldwide Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

Federal Bureau of Investigation

Federal Reserve System

Georgia Supreme Court

Superior Court of Fulton County

U.S. Bankruptcy Court for the Southern District of New York

U.S. Bankruptcy Court for the Southern District of Ohio

U.S. Bankruptcy Court for the Western District of Pennsylvania

U.S. Court of Appeals for the Second Circuit

U.S. Department of Agriculture

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

U.S. Supreme Court

United States Bankruptcy Court for the District of Connecticut

United States District Court for the Southern District of Ohio