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Katten Muchin Rosenman LLP | What's the Use? Court Protects Retail Landlords
West Town Center LLC (In re Trak Auto), the Fourth Circuit Court of Appeals upheld the enforceability of shopping center use provisions in a tenant bankruptcy. The case represents an important victory because it enforces the special protections the
Updated: 10/14/2011 02:46P
Katten Muchin Rosenman LLP | Wall Street Transparency and Accountability Act
8 Title VII further provides that cleared swaps will be deemed to be “commodity contracts” under the Bankruptcy Code and amends the definition of this term in the Bankruptcy Code to include transactions that are cleared by a derivatives clearing
Updated: 10/14/2011 02:46P
Kirkland & Ellis | 2003 Annual Review
Within days, NorthPoint filed a multibillion-dollar damage case against Verizon and filed for bankruptcy, claiming that Verizon's illegal withdrawal from the transaction was the cause of NorthPoint's demise. NorthPoint retained a Nobel Prize-winning
Updated: 10/14/2011 02:44P
Kirkland & Ellis | 2005 Annual Review
The Fortune 500 company filed for bankruptcy protection on May 17, 2005, and Kirkland continues to counsel it in its reorganization and debt financing. SOLUTIA Kirkland is representing Solutia Inc., a $2.5 billion sales company that sells
Updated: 10/14/2011 02:44P
Kirkland & Ellis | 2004 Annual Review
Frederick's had blamed Andersen for driving it into bankruptcy, and sought $87 million in compensatory as well as punitive damages. litigation judgment for $62.7 million is obtained against ex-ceo —The Wall Street Journal 7litigation MORGAN STANLEY
Updated: 10/14/2011 02:44P
News links: Scranton won't follow Harrisburg's lead and file for bankruptcy
Scranton officials say they won't follow Harrisburg's lead and file for bankruptcy, according to the Times-Tribune. Kate Gosselin "is terrified about being able to make ends meet," but denies she'll return to nursing, the Philadelphia Inquirer reports.
Updated: 10/14/2011 02:44P
Manatt, Phelps & Phillips | Manatt, Phelps & Phillips, LLP | News & Events
March 17, 2011 – Neither federal bankruptcy nor federal environmental statutes address the interaction between the two areas of law. As a result, there are many questions as to how bankruptcy
Updated: 10/14/2011 02:43P
No 'absolute priority' rule after BAPCPA, federal judge says
The “absolute priority” rule no longer applies to individual Chapter 11 debtors since the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a federal judge in Tampa, Fla., has ruled. SPCP Group LLC v. Biggins et al., Nos.
Updated: 10/14/2011 02:40P
Miller & Chevalier | Practical Considerations for Compliance by Hedge Fund
In this article, Matt Reinhard, provides a brief overview of the FCPA and how it relates to the use of third parties. Next, he discusses practical steps hedge fund managers can take to vet their agents and protect themselves, their funds and their
Updated: 10/14/2011 02:39P
Cadwalader, Wickersham & Taft | Recent Newsletters
On July 22, 2011, Bankruptcy Judge Craig A. Gargotta of the United States Bankruptcy Court for the Western District of Texas, held that the reasonable expectations of a creditor should determine whether a plan of reorganization
Updated: 10/14/2011 02:35P