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Nursing Homes to Face COVID Negligence Suit

The U.S. District Court for the Northern District of Illinois ordered that a nursing home could be liable for negligence…

Goldman Sachs Group, Inc. v. Arkanas Teacher Retirement System: Goldman Fights for Defendants in Securities Class Actions

The U.S. Supreme Court on March 29, 2020, revisited the critical issue of whether a securities class action defendant can…

Eidmann v. Walgreen Co.: California Northern District Court Dismissed Class Action against Walgreens

On February 26, 2021, the U.S District Court for the Northern District of California decided on a class action suit…

U.S. Supreme Court Rules on Due Process Limitation of Specific Jurisdictions

In the matter of Ford Motor Co. v. Monatana Eight Judicial District Court, the U.S. Supreme Court in exercising personal…

Biometric Date Regulations Likely to be passed in New York and Maryland

New York and Maryland have been deliberating upon passing of bills, namely Biometric Privacy Act (Assembly Bill 27) and Biometric…

Ryan Turner Investments, LLC v. Jackson Durham: District Court, Tennessee Terminates Bankruptcy Proceeding to Allow Debtor to Avail PPP Loan

It is an established fact that a debtor, undergoing bankruptcy proceeding cannot avail a Paycheck Protection Program (PPP loan). Through…

Purdue Proposes Bankruptcy Plan for Settlement in Opioid Litigation with Sacklers to contribute $4.3 Billion

In the latest development in the Opioid litigation, the Purdue Pharma LP filed a bankruptcy plan on March 15, 2021.…

New Legislation to Protect Small Businesses from Eviction and Foreclosure Due to COVID-19

On March 9, 2021, the government of New York signed the COVID-19 Emergency Protect Our Small Business Act of 2021…

Lehman Brothers Holdings Inc. Floods its Mortgage Brokers with New Wave of Lawsuits

Recently, the Lehman Brothers Holding Inc. (“LBHI”) flooded its borrowers with numerous lawsuits. It has filed a new wave of…

The Third Circuit of Appeals resolves the Issue of Subordination Agreement Enforcement and Non-Consensual Cramdown Plan

In a remarkable judgment, the Third Circuit of Appeals In Re Tribune Co., allowed the enforcement of subordination agreements when…

Eleventh Circuit Favors Debtor’s Claims of Thirteenth Amendment Violation

In general, debtors in bankruptcy case do not raise allegations of involuntary servitude and a violation of the Thirteenth Amendment.…

The Apex Court Sides with Creditors for Holding Property in Bankruptcy case

The USA has completed one year in the first quarter of 2021 since the national business shutdown due to the…

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