Jones Day named “Practice Group of the Year” by Law360 in Appellate and Bankruptcy categories
Jones Day was recognized by Law360 in the publication's 2024 "Practice Groups of the Year" list in two categories: Appellate and Bankruptcy. Now in its 15th year, the Law360 series "honor(s) attorney teams behind the litigation wins and major deals that resonated throughout the legal industry this past year."
The Firm's Issues & Appeals Practice is known for developing innovative arguments that lead to precedent-setting decisions in the Supreme Court and federal and state appellate courts nationwide.
Jones Day won a landmark victory in the U.S. Supreme Court on behalf of two California municipal school board members that established a new standard: a public official's engagement on social media qualifies as state action only when the official has genuine authority to represent the state and is purporting to do so in the specific social media content. Other achievements include an important summary judgment decision blocking the U.S. Commodity Futures Trading Commission's efforts to prohibit Firm client KalshiEx from issuing political event contracts and winning a rare rehearing for Eli Lilly & Company after a Seventh Circuit panel initially denied Lilly's petition for review.
Jones Day's Business Restructuring & Reorganization Practice undertakes significant and high-profile work in both domestic U.S. and complex cross border restructurings in jurisdictions throughout the world.
The Firm is representing Red River Talc LLC, a successor to LLT Management LLC and an indirect subsidiary of Johnson & Johnson, in a prepackaged chapter 11 case that, if successful, would effectuate a $10 billion settlement, one of the largest ever reached in a mass-tort bankruptcy case. Other achievements include representing Spark Networks SE in the first-ever cross-border restructuring under the recently enacted German restructuring law ("StaRUG") and chapter 15 of the U.S. Bankruptcy Code involving over $100 million of funded debt issued by a U.S.-based credit fund, and advising FRP Advisory in its capacity as administrator of The Body Shop International in connection with the trading administration and subsequent sale of the company's business and assets. The sale involved teams from more than 12 Jones Day offices worldwide (including Amsterdam, Beijing, Brussels, Cleveland, Frankfurt, Hong Kong, Madrid, Paris, Singapore, Sydney, Tokyo, and Washington). Jones Day also successfully restructured over $2.7 billion in funded debt and completed the first-ever dual proceedings under the U.S. bankruptcy code, chapters 11 and 15, and Dutch restructuring law in 71 days on behalf of Diebold Nixdorf.
