Houston Business Litigation Attorneys

Okin Adams Named To Chambers And Partners

May 15 2019| News| | By Okin Adams

Okin Adams is proud to announce its selection for inclusion in the Bankruptcy and Restructuring Chambers & Partners USA Legal Guide for 2019. Chambers & Partners ranks the top lawyers and law firms across the country and around the world, and compiles lists of those with outstanding dedication to and success within the legal profession. In addition to the firm’s inclusion, Partner Matthew Okin was also selected for inclusion in the individual lawyer guide for bankruptcy and restructuring.

Litigation Funding Lawsuit

Okin Adams Partner Jim Bartlett Wins Take-Nothing Judgment in Litigation Funding Dispute

Okin Adams partner Jim Bartlett, head of the firm’s litigation section, recently secured a take-nothing judgment as lead trial counsel for an online litigation funding platform accused of fraud and conspiracy in connection with two litigation funding transactions. Litigation Funding Disputes The lawsuit was filed by a Houston- and New York-based litigation boutique relating to…

Houston Bankruptcy Attorneys

How Will Malls Handle Vacancies from Bankruptcies?

April 29 2019| News| | By Okin Adams

Sears, Charlotte Russe, Gymboree, and Payless ShoeSource all have one thing in common aside from being once-popular retail chains—they’ve all undergone some form of bankruptcy within the past year. With the rise of online shopping and easier access to the latest fashions and everyday things we need, most people would not bat an eye at the thought of another retailer closing its doors for good. However, what about the shopping malls that often house these closing businesses?

Houston Breach of Contract Attorneys

Texas Supreme Court Affirms Power of Written Contracts

April 04 2019| News| | By Okin Adams

As most business owners know, having written contracts that are clear and concise is essential for successful operations. While oral agreements can be utilized in some situations, having a formal written contract when engaging with a customer or business partner is incredibly important. A good written contract will clearly set forth the understandings and expectations of the parties, and provide protection and clarity in the event of a dispute.

Houston Bankruptcy Attorneys

The Fifth Circuit Further Clarifies When Claims Belong to a Creditor Instead of the Bankruptcy Estate

April 01 2019| News| | By Okin Adams

At the commencement of a bankruptcy case, the debtor’s legal interests become a part of the bankruptcy estate pursuant to section 541 of the Bankruptcy Code. 11 U.S.C. § 541. Causes of action that belong to the bankruptcy estate may only be pursued by the trustee so that any recovery may be split equitably among the debtor’s creditors. Where a third party’s conduct harms both a debtor and a creditor, determining whether the cause of action belongs to the bankruptcy estate or a creditor “is a recurring issue in bankruptcy law.”

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