Law Firms

Ex-Dewey Leaders Criminal Trial to Start in April

01/13/15
Law firm Dewey and Leboeuf’s ex-Chairman Steven Davis (second right), ex-CFO Joel Sanders (third right), former executive director Stephen DiCarmine and former client relations manager Zachary Warren arrive in handcuffs at Manhattan Criminal
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Wiley Rein Bankruptcy Team Lands at Nelson Mullins

01/05/15

Three Washington, D.C.-area bankruptcy attorneys have moved their practices to Nelson Mullins Riley & Scarborough LLP two months after news broke that their former firm, Wiley Rein LLP, no longer wanted to support a bankruptcy team.

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Another Key Deal Reached in Howrey Bankruptcy

12/30/14

The money keeps rolling in for creditors of Howrey LLP, the Washington, D.C.-based law firm that went out of business in 2011.

In the latest settlement struck by Howrey trustee Allan Diamond, a group of former Howrey leaders and a law firm that initially advised the defunct firm on its bankruptcy have agreed to pay $1.85 million.

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The Daily Docket: MF Global Customers Fight Bid for Executives to Use Insurance Money

12/12/14
Reuters

Former MF Global customers, as well as the administrator in charge of the defunct brokerage, are fighting a bid by Jon S.

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Coming and Going Concerns

12/11/14

Rick Antonoff has joined law firm Blank Rome as a partner with the finance, restructuring and bankruptcy group. Mr. Antonoff, who most recently worked at Clifford Chance, represents secured and unsecured creditors, investors and other parties in bankruptcy cases and out-of-court restructurings. He has worked on such well-known bankruptcy cases as the Los Angeles Dodgers, AMR Corp.

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The Daily Docket: Former Madoff Operations Director Sentenced

12/09/14

The leader of Bernard Madoff’s broker-dealer business was sentenced to 10 years in prison on Monday for aiding one of the largest financial frauds in U.S. history with “his meticulous bookkeeping and averted eye,” reports WSJ.

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What The ABI Bankruptcy Overhaul Doesn’t Include

12/08/14

While restructuring professionals have proposed some interesting changes to the bankruptcy code, it’s also striking what their 370-page report leaves out. Here are some hot topics in the bankruptcy world that wouldn’t be affected:

Distressed-Debt Trading

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Bankruptcy Law Overhaul Would Mean Big Changes

12/08/14

The American Bankruptcy Institute unveiled its long-awaited Chapter 11 reforms Monday morning, which aim to help struggling businesses but also propose to take away perks for lenders who extend bankruptcy loans and to remove protections for some investors who profited from leveraged buyouts. Wall Street Journal Reporter Katy Stech read the 370-page report (read her story here) so you don’t have to.

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Ex-Dewey Partner Altorelli Files for Bankruptcy

11/26/14
Russian Anna Chapman, who was deported from the U.S.
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Judge Approves More Fees for Nortel Advisers

11/19/14

The professionals working on the long-running U.S. bankruptcy case of defunct telecommunications company Nortel  raked in another $36 million this week.

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