Bankruptcy Law

An Early Look at the Advisers’ Tab in Dewey Bankruptcy – Law.com

Epiq Bankruptcy Solutions: The company frequently appears in … and $225 for paralegals or law clerks. Several of their lawyers have worked in-house for PBGC. So far, no objections to the retention applications have been filed, though parties …

Bankruptcy counsel in Dewey case seek US$935 an hour – Financial Post

Bankrupt Dewey & LeBoeuf LLP asked a judge to approve payments at customary rates of as much as US$935 an hour for partners of its lead law firm, Togut Segal … be one of professionals who see the bankruptcy estate … Continue reading

The Daily Docket: Judge Approves ResCap Examiner – Wall Street Journal

(Daily Bankruptcy Review and DBR Small Cap are daily newsletters … scroll to the bottom and click “try for free.”) The wind-down of law firm Dewey & LeBoeuf LLP is using its fair share of law firms, restructuring firms and … Continue reading

Dewey Asks to Pay Bankruptcy Lawyers Up to $935 an Hour – Bloomberg

Bankrupt Dewey & LeBoeuf LLP asked a judge to approve payments at customary rates of as much as $935 an hour for partners of its lead law firm, Togut Segal … 12-12321, U.S. Bankruptcy Court, Southern District of New York … Continue reading

The Daily Docket: Berkshire Offered $1 for ResCap Ahead of Bankruptcy – Wall Street Journal

C. Anthony Muse, has filed for bankruptcy, the Washington Post reports. Reuters reports that a judge stopped temporarily a union drive for 10,000 service agents at American Airlines. According to Law  360 (sub. req.), transcripts released last …

Bankruptcy Lawyers’ Fees – New York Times

nonpartisan organization of bankruptcy lawyers, law professors and judges, has suggested ways in which this can be accomplished without compromising client confidences or competitively sensitive information. Prof. Nancy Rapoport of the …

We can only guess – Record

That is the rule under AB506, the state law requiring the talks as a precursor to a municipal bankruptcy filing. That secrecy makes it impossible to know how they’re going. Those involved, including any number who spent the months leading … Continue reading

Dan Walters: California’s pension tale told in four cities – Sacramento Bee

They and other public employee unions are also pressing the Legislature to revise a newly enacted state law to make it more difficult for local governments to seek bankruptcy protection, fearing that a federal bankruptcy judge could set aside …

With Scranton almost out of cash, bankruptcy no longer impossible – Scranton Times-Tribune

More importantly, ensuring citizens’ “health” and “safety” appears later in the law as one reason for doing something more drastic: filing for bankruptcy. Mr. Doherty adamantly says he does not want to file for bankruptcy, and city council gives …

Municipal workers fear Stockton bankruptcy – Fresno Bee

They and other public employee unions are also pressing the Legislature to revise a newly enacted state law to make it more difficult for local governments to seek bankruptcy, fearing that a federal bankruptcy judge could set aside union …