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Legal And Regulatory CalendarFriday, Jul 25, 2008Our daily calendar of events lists conferences and hearings scheduled to take place in the next four weeks. All-Female Firms Rise But Not Without ControversyThursday, Jul 24, 2008At a time when the number of female-owned law firms appears to be on the rise, Schroder, Joseph & Associates has sparked controversy. A series of the firm's advertisements playing on gender stereotypes was meant to strike the funny bone – and instead hit a nerve. Restructuring Partner Leaves Weil Gotshal for KirklandThursday, Jul 24, 2008Christopher J. Marcus became a partner at Weil, Gotshal & Manges LLP in January, and on Aug. 1 he will join the restructuring group at Kirkland & Ellis LLP's New York office. L.I.D. Files Ch. 11 Liquidation PlanThursday, Jul 24, 2008After selling off nearly all of its assets earlier this year, bankrupt diamond wholesaler L.I.D. Ltd. filed a liquidation plan on Wednesday. Sonnenschein Lashes Out At GMAC Over Aloha FeesThursday, Jul 24, 2008Disputing GMAC Commercial Finance LLC's objection to its $250,000 fee request in Aloha Airlines Inc.'s bankruptcy case, Sonnenschein Nath & Rosenthal LLP has ripped into the air carrier's main lender, accusing it of unfairly engineering a liquidation that benefited only GMAC. Report Finds First Magnus Violated Real Estate LawThursday, Jul 24, 2008A new audit report released by the U.S. Department of Housing and Urban Development has revealed that home lender First Magnus Financial Corp. violated federal law by offering incentives to mortgage brokers. New Parmalat Liable For Old Parmalat Suits: 2nd Circ.Wednesday, Jul 23, 2008The newly reorganized Parmalat SpA has lost its bid to enjoin shareholders from bringing class actions against it in U.S. courts, after an appeals court refused to grant the dairy giant's motion to overturn a lower court ruling. White House Rescinds Threat To Veto Housing BillWednesday, Jul 23, 2008President Bush said on Wednesday that he would drop his threat to veto a housing bill that would temper the effects of the ongoing mortgage crisis and help borrowers finance their loans and stay in their homes. Hancock Fabrics Reorganization Plan ConfirmedWednesday, Jul 23, 2008Hancock Fabrics Inc. is on its way out of Chapter 11 protection now that a judge has approved the company's reorganization plan. Asarco Settles Pollution Claim With Timber CompanyWednesday, Jul 23, 2008As it continues to labor toward reorganization, Asarco LLC has reached a settlement with timber company Wasser & Winters for damages Wasser paid for alleged contamination of the Hylebos Waterway. Getzler Henrich's Fabrikant Adviser Fees Top $5MWednesday, Jul 23, 2008Getzler Henrich & Associates LLC received over $5.1 million for its services over 18 months as bankrupt jewelry wholesaler M. Fabrikant & Sons Inc.'s crisis manager, the restructuring adviser's final cumulative fee application has revealed. BoNY Objects To Wellman Plan Over Collateral DisputeWednesday, Jul 23, 2008The Chapter 11 reorganization plan and disclosure statement that Wellman Inc. filed last month has come under fire from Bank of New York NA, the polyester manufacturer's first-lien lender, over its valuation of the collateral for the bank's $185 million claim. Judge Gives U.S. Energy More Time To File PlanWednesday, Jul 23, 2008A federal bankruptcy judge has given bankrupt U.S. Energy Systems Inc. more time to exclusively file a plan to claw its way out of Chapter 11. Trustee Objects To Goody's Bid For Additional CounselWednesday, Jul 23, 2008The U.S. trustee in the Goody’s Family Clothing Inc. bankruptcy case has thrown up a red flag in the retailer's proposed hiring of Bass Berry & Sims Plc, saying the company needs to prove why it needs the firm. Fedders Fights Bid To Approve Suit Over Boy's DeathWednesday, Jul 23, 2008Fedders Corp. has asked a bankruptcy court to reject a motion that would allow a couple who claims a defective air conditioner caused a fire that killed their son to proceed with a liability suit against the company. New Reed Smith Group Responds To Market CrisisWednesday, Jul 23, 2008Reed Smith LLP has created a derivatives and structured products group with approximately 40 lawyers in offices in the U.S. and abroad. SemGroup Files For Bankruptcy Amid Margin CallsTuesday, Jul 22, 2008SemGroup LP and 24 affiliates filed voluntary Chapter 11 petitions with plans to liquidate in order to pay back lenders, one day after a nondebtor, limited partnership affiliate of the privately held energy company was hit with a putative securities class action over soured oil investments. Whitehall's Bid To Sell Consigned Jewelry Draws IreTuesday, Jul 22, 2008Several parties, including Bulova Corp. and Paul Winston-Eurostar LLC, have filed papers opposing bankrupt Whitehall Jewelers Holdings Inc.'s attempts to sell off approximately $63 million in jewelry the debtors received on consignment. Mervyn's Could Be Newest Entry In Bankruptcy MarchTuesday, Jul 22, 2008Mervyn's LLC may be the latest in the long line of private equity-owned companies to file for bankruptcy protection this year, according to news reports. Under Deal, Judge Tosses $946M Marcal ClaimTuesday, Jul 22, 2008The judge overseeing Marcal Paper Mills Inc.'s Chapter 11 case has approved a settlement under which the debtor's purchasers will pay the U.S. government $1.5 million in a case relating to a Superfund site outside Newark, N.J., in which the government had asked for $946 million. |
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L.I.D. Files Ch. 11 Liquidation PlanThursday, Jul 24, 2008Sonnenschein Lashes Out At GMAC Over Aloha FeesThursday, Jul 24, 2008New Parmalat Liable For Old Parmalat Suits: 2nd Circ.Wednesday, Jul 23, 2008Hancock Fabrics Reorganization Plan ConfirmedWednesday, Jul 23, 2008Getzler Henrich's Fabrikant Adviser Fees Top $5MWednesday, Jul 23, 2008BoNY Objects To Wellman Plan Over Collateral DisputeWednesday, Jul 23, 2008Judge Gives U.S. Energy More Time To File PlanWednesday, Jul 23, 2008Trustee Objects To Goody's Bid For Additional CounselWednesday, Jul 23, 2008White House Rescinds Threat To Veto Housing BillWednesday, Jul 23, 2008FDIC Issues New Rules For Future Failed BanksFriday, Jul 18, 2008Rule Change Could Decrease Funds To Bankrupt PlansThursday, Jul 03, 2008Ex-U.S. Attorneys Back Attorney-Client Privilege BillTuesday, Jun 24, 2008Unions Chide Cos. For Abusing BankruptciesThursday, Jun 05, 2008Calif. Bar OKs New Insurance Disclosure RulesWednesday, May 21, 2008Bush OKs Bill To Secure Student LoansWednesday, May 07, 2008More WARN Suits May Be On Horizon: ExpertsTuesday, Apr 29, 2008New Reed Smith Group Responds To Market CrisisWednesday, Jul 23, 2008Crowell & Moring Adds Financial Services ExpertsThursday, Jul 17, 20083 DLA Partners Help McKenna Long Expand In D.C.Thursday, Jul 10, 2008Fulbright's New Group Will Tackle Subprime CrisisWednesday, Jul 09, 2008Jones Day Adds Litigation Partner From KirklandTuesday, Jul 01, 2008Dykema Sweeps Up Most Of Schwartz CooperMonday, Jun 30, 2008K&L Gates, Kennedy Covington To Merge July 1Tuesday, Jun 24, 2008Ex-Judge Leaves Greenberg Traurig For OtterbourgTuesday, Jun 17, 2008 |
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