Bankruptcy Law 
Dewey LeBoeuf Said to Be Close to Extending Deadline – Bloomberg
The law firm does have something to sell — groups of strong practices, he said. Dewey’s most profitable practices include bankruptcy, corporate law, litigation and public policy, the firm has said. The plan remains uncertain because firms …
Dewey & Leboeuf Aims to Avoid Bankruptcy, Bienenstock Says – Businessweek
Dewey & LeBoeuf LLP intends to stave off bankruptcy by collecting bills to pay lenders and transferring employees and property to other firms, a member of the firm’s chairman’s office said. The New York law firm, which has lost more … Continue reading
Judge denies request to block MF Global execs from insurance – Reuters India
… the funds should be set aside for them and not go to executives they hold responsible for the company’s bankruptcy. “Settled case law…establishes that the individual insureds cannot be denied contractually provided insurance protection …
Judge denies request to block MF Global execs from insurance – Reuters UK
… the funds should be set aside for them and not go to executives they hold responsible for the company’s bankruptcy. “Settled case law…establishes that the individual insureds cannot be denied contractually provided insurance protection …
More Partners Exit Law Firm as It Battles to Avert Bankruptcy – New York Times
At least 10 more partners left the New York law firm Dewey & LeBoeuf on Monday as it tried to stave off collapse by persuading its lenders not to force it into bankruptcy. With about 85 of the Dewey’s 300 … Continue reading
Tom Cole stepping down as chair of Sidley executive committee – Chicago Tribune
Tom Cole, a well-known corporate attorney in Chicago, will step down as chairman of Sidley Austin’s executive committee next year as part of a planned leadership succession at the law firm … Tribune Co. in its bankruptcy case.)
This Week in The National Law Journal – The BLT: Blog of Legal Times
Amanda Bronstad reports that while fewer businesses filed for bankruptcy, law firm bankruptcy practices weren’t hit too hard. Courthouse funding crunch: Todd Ruger reports on how federal court administrators nationwide are adjusting to expected …
LightSquared: Falcone may step down as ‘public face’ of wireless-telecom company, report says – Washington Post
Falcone had previously said that he would consider bankruptcy as an option for the company … The FCC said it would make its decision, “based on the record and guided by law, engineering and settled policies that seek to remove … Continue reading
NOTICE OF TRUSTEE’S SALE – WMI Central
THIS NOTICE CONSTITUTES NEITHER A DEMAND FOR PAYMENT OF THE CAPTIONED DEBT NOR A NOTICE OF PERSONAL LIABILITY TO ANY RECIPIENT HEREOF WHO MIGHT HAVE RECEIVED A DISCHARGE OF SUCH DEBT IN ACCORDANCE WITH APPLICABLE BANKRUPTCY LAWS OR WHO MIGHT … Continue reading
Memo: Greenberg Traurig deal with embattled N.Y. firm is dead – The Business Journal
Reuters has obtained an internal memo from New York law firm Dewey & LeBoeuf that confirms talks have … and is trying to stave off bankruptcy.
