News Topic: Law Firms

The Federal Deposit Insurance Corp. and  Bank of America  Corp. have settled their long-running battle over who is ultimately responsible for losses tied to the sale of mortgage securities to more than two dozen failed banks. Read the Daily Bankruptcy ... Read full article

Energy Future Holdings Corp. Tuesday successfully fended off questions from creditors anxious to probe the financial health of a company division that is the target of deal talks. ... Read full article

The Archdiocese of Milwaukee has been running a tab when it comes to professionals working on its Chapter 11 bankruptcy case, and lawyers for unsecured creditors—chiefly survivors of sexual abuse— say it’s time to pay the bills . ... Read full article

Energy Future Holdings Corp. has dropped out of the bidding on Optim Energy’s Twin Oaks power plant. Read the Daily Bankruptcy Review article here . ... Read full article

Energy Future Holdings Corp. insiders took nearly $46 million out of the company in the 12 months leading up to its April 29 bankruptcy filing, new court records show . ... Read full article

Five entities with a stake in land where the ambitious Las Vegas W hotel was supposed to be built filed for bankruptcy in Nevada on Wednesday. Read the Daily Bankruptcy Review article here . ... Read full article

Mitchell Brand has joined law firm Stradley Ronon Stevens & Young LLP  as co-chair of its finance and restructuring group. He most recently worked as a partner and co-chair of the special situations group at Otterbourg P.C. Mr. Brand works with ... Read full article

The bankruptcy trustee unwinding defunct law firm Dewey & LeBoeuf LLP has brought new allegations against two former Dewey executives in a suit seeking the return of more than $21.8 million the two allegedly were paid as the law firm “fell deeper and ... Read full article

Craig Solomon Ganz has joined Ballard Spahr LLP from Gallagher & Kennedy . Mr. Ganz, a partner with the law firm, focuses on corporate restructuring and complex commercial litigation. He’s represented creditors, debtors and creditors’ committees. Mr. ... Read full article

A federal bankruptcy judge Wednesday approved Anadarko Petroleum Corp.’s $5.15 billion settlement of fraud claims from a 2006 acquisition, the largest environmental settlement ever won by the U.S. government. The Wall Street Journal has the Daily ... Read full article

Creditors have raised questions about what happened in the final days before Coldwater Creek handed over the keys to its 330-store chain to liquidators in bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Jeffrey Gleit showed his versatility as a bankruptcy lawyer at some of the largest restructuring firms in the country, but his recent move to Togut Segal & Segal LLP was about getting back to what he loves most: representing debtors. ... Read full article

Investors owning $1.7 billion or more in top-ranking debt say a $7.3 billion piece of Energy Future Holdings Corp.’s financing plan is a flawed and “incoherent” attempt to evade bankruptcy rules. Read the Daily Bankruptcy Review article here . ... Read full article

The Los Angeles bankruptcy bar is shuffling once again, this time through the combination of bankruptcy boutique Peitzman Weg LLP and litigation firm Robins, Kaplan, Miller & Ciresi LLP. ... Read full article

Morrison & Foerster won the plum job of representing the official committee of unsecured creditors in the Energy Future Holdings Corp. Chapter 11 case, one of the biggest bankruptcies on record. ... Read full article

It’s often said in legal circles that the best settlements leave both sides equally unhappy. But a deal reached this week requiring former partners to contribute $4.2 million to Howrey LLP’s bankruptcy estate has one side cheering jubilantly and the other ... Read full article

A bankruptcy judge Tuesday rebuffed TelexFree LLC’s efforts to keep its Chapter 11 proceedings out of Massachusetts, where most of the company’s assets and operations are based. The Daily Bankruptcy Review article is available here . ... Read full article

The nation’s largest lawyers’ organization is taking a stand on a client’s right to choose. The right to choose counsel, that is. ... Read full article