Bankruptcy Law
Law Dropout With Asperger Syndrome Gets $300,000 In Student Loans Forgiven – Consumerist.com
So it caught the attention of the National Law Journal when a 66-year-old Maryland woman had $339,361 in college debt discharged in bankruptcy court earlier this month. Her journey into educational borrowing began after receiving her high school diploma at … Continue reading
Law Firms Lose Ruling in Fight Over Coudert Brothers Bankruptcy – Businessweek
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
Dewey & LeBoeuf ‘Business Developments’ Hold Up Dodgers Billing – Wall Street Journal
Former Los Angeles Dodgers owner Frank McCourt may have slipped $1 billion into his pocket after dropping the team into bankruptcy, but the law firm that guided him through will have to wait to be paid. Bruce Bennett and Sid … Continue reading
Greenberg Traurig Expansion Continues in California with the Addition of Bankruptcy and Restructuring Attorney Howard Steinberg – Boston Globe
Steinberg and his team were recently the recipients of the 2012 International Financial Law Review Deal of the Year Award for their representation of RIM in connection with a $4.5 billion patent portfolio purchase in the Nortel bankruptcy.
Departures leave Dewey a shell of its former self – msnbc.com
NEW YORK (Reuters) – Seventeen more partners at Dewey & LeBoeuf announced their departure on Monday, as the failing law firm considered filing for bankruptcy. Rival law firm Proskauer Rose said it was bringing in four partners, including Ralph Ferrara … Continue reading
Stockton Creditors Extend Talks to Avert Bankruptcy – Bloomberg
Stockton, the California city on the brink of bankruptcy, and creditors agreed to extend talks aimed at restructuring its municipal debt for an extra 30 days. The bargaining was set to end after 60 days under a California state law. … Continue reading
Bankruptcy Law and Inheritance – jdsupra.com
If you receive an inheritance, what does the bankruptcy law say about it? More specifically, if you are given an inheritance after you file for bankruptcy what happens to it? The bankruptcy code has different ways of treating your inheritance … Continue reading
The Daily Docket: Bankruptcy Claims Trading Slows – Wall Street Journal
the Am Law Daily (reg. req.) reports. Dow Jones Newswires reports that Swedish regional air carrier Skyways Express AB and its subsidiary said it’s going to file for bankruptcy. The owners of Manhattan’s Alex Hotel and Flatotel are filing …
Bankruptcy judge: 2003 sacrifices won’t sway decision in American Airlines case – Dallas Morning News
That doctrine “essentially says if a carrier is in bankruptcy, the career expectations of the employees of that carrier can be discounted compared to the career expectations of the employees of the healthy carrier,” he said. A federal law …
Source: Dewey & LeBoeuf to Mull Bankruptcy Filing – Moneynews (blog)
Ailing U.S. law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said. The majority of …