Dewey: ‘Clawback’ Plan To Be Modified
EPA Time out! The deadline has been pushed back for a proposed “clawback” settlement that was offered to more than 700 former partners of the bankrupt law firm Dewey & LeBoeuf LLP. ... Read full article
EPA Time out! The deadline has been pushed back for a proposed “clawback” settlement that was offered to more than 700 former partners of the bankrupt law firm Dewey & LeBoeuf LLP. ... Read full article
AFP/Getty Images A US Airways tail rest on the tarmac near an American Airlines plane at Ronald Reagan Washington National Airport in Arlington, Virginia on April 23, 2012. A ... Read full article
Latham & Watkins The app “The Book of Jargon: Global Restructuring” has more than 1,000 complicated terms translated into plain English. Do you drop phrase ... Read full article
Reuters So it’s been nearly a week since the team winding down the defunct law firm Dewey & LeBoeuf LLP ... Read full article
Patriot Coal Corp. filed for Chapter 11 bankruptcy on Monday, becoming the largest casualty of the worst U.S. market for the power-plant fuel in decades. Read the Daily Bankruptcy Review article here . ... Read full article
Reuters There could be some fireworks Monday afternoon in federal bankruptcy court in lower Manhattan. ... Read full article
Reuters Dewey & LeBoeuf LLP is turning to a time-tested way to staunch the bleeding of its staff: cash. ... Read full article
By Jennifer Smith ... Read full article
Lehman Brothers Holdings Inc. said Friday it has sold its Aurora Bank FSB subsidiary, a move that should help funnel some $1.5 billion into the pockets of Lehman’s creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article
Camera retailer Ritz Camera & Image LLC filed its second Chapter 11 bankruptcy petition since 2009. Read the Daily Bankruptcy Review Small Cap article here . ... Read full article
Associated Press The Curious George balloon makes its way along JFK Boulevard in Philadelphia during the Thanksgiving parade in November 2011. ... Read full article
By Jennifer Smith ... Read full article
Reuters Warren Buffett holds a Dairy Queen ice cream bar and answers reporters’ questions before the Berkshire Hathaway annual meeting in April 2011. Wa ... Read full article
Bloomberg Warren Buffett A judge on Monday granted the wish of Warren Buffett’s Berkshire Hathaway Inc. ... Read full article
By Jennifer Smith ... Read full article
A U.S. federal judge refused Wednesday to enforce Mexican glassmaker Vitro SAB’s controversial debt restructuring in a closely watched bankruptcy case that threatened to sever the cross-border business cooperation between the two nations’ legal systems. ... Read full article
By Jennifer Smith ... Read full article
Getty Images A judge on Tuesday ruled largely for Barclays PLC in the bank’s ongoing dispute with the trustee unwinding Lehman Brothers Holdings Inc.’s brokerage stemming from Barclays’ 2008 purchase of the brokerage, a decision th ... Read full article
Getty Images The Justice Department has grown increasingly restless with attorney fees—often exceeding $1,000 an hour—paid by companies going through a bankruptcy reorganization. ... Read full article
Creditors of Pemco World Air Services Inc. are demanding that the company’s majority owner, private equity firm Sun Capital Partners Inc., pay back two years’ worth of management fees. Read the DBR Small Cap article here . ... Read full article