Bankruptcy Law
Shiboleth LLP Advises Gaia Real Estate in Acquisition of 9,500 Unit Multifamily Portfolio via Chapter 11 Bankruptcy Auction – YAHOO!
which filed for Chapter 11 bankruptcy. Shiboleth LLP, a boutique international law firm with top-ranked transactional and litigation practices, today announced that it successfully represented its client Gaia Real Estate in connection with a $22.5 million …
Lawyers & Bankruptcy Frauds: How Bain Profits Fraudulently Like Gellene – DAILY KOS
John Gellene worked for a powerful law firm – Milbank & Tweed. They have made untold millions in bankruptcy cases. Mr. Gellene simply wanted his share of the pie. So he lied to make sure he would get paid richly … Continue reading
Law Firms Lose Ruling in Fight Over Coudert Brothers Bankruptcy – Bloomberg
Akin Gump Strauss Hauer & Feld LLP, Jones Day and Dechert LLP are among 10 law firms that must account for profits they made from Coudert Brothers LLP’s unfinished business, a judge ruled. Coudert filed for Chapter 11 bankruptcy in … Continue reading
Lawmaker saps trust with city bankruptcy bill – Sacramento Bee
The law has been in place just five months … mainly firefighters – to endlessly delay and thus effectively stop municipal bankruptcy filings. Under this new bill, as their fiscal conditions dangerously deteriorate, cities would have no …
Editorial: Lawmaker saps trust with city bankruptcy bill – Sacramento Bee
The law has been in place just five months … mainly firefighters – to endlessly delay and thus effectively stop municipal bankruptcy filings. Under this new bill, as their fiscal conditions dangerously deteriorate, cities would have no …
Dewey Law Firm Cleanup Will Take Years – Businessweek
In a liquidation, partners with guaranteed pay become unsecured creditors, ranking equal to, or below trade creditors, said Stephen Lubben, a bankruptcy law professor at Seton Hall University in Newark, New Jersey. Vendor claims against Dewey …
CME execs defend actions after MF Global collapse – Marketwatch
CHICAGO -(MarketWatch)- Leaders of exchange operator CME Group Inc. (NASDAQ:CME) said on Wednesday that they acted properly and in accordance with bankruptcy laws following the collapse of brokerage firm MF Global (OTN:MFGLQ) . “All of the …
Law Dropout Debilitated By Asperger Syndrome Gets $339,361 In Student Loans Forgiven – Consumerist.com
So it caught the attention of the National Law Journal when a Maryland woman in her 60s had $339,361 in college debt discharged in bankruptcy court earlier this month. Her journey into educational borrowing began after receiving her high school … Continue reading
LightSquared Lenders Doubt Future Success – Wall Street Journal
MarketWatch reports that CME Group Inc. leaders said they acted according to bankruptcy law after MF Global Holdings Ltd.’s collapse. The legal feud between Highland Capital Management LP’s founder and his ex-protégé has heated up …
Avoidance Actions Against Seller Void Purchased Bankruptcy Claims – Law.com
In addition to adjudication of business restructurings or sales of businesses or assets, the administration of bankruptcy cases involves two substantial undertakings: the allowance and fixing of claims against the debtor and the recovery …