Democratic vice presidential nominee Joe Biden opposed a bill that would have cut down on the number of corporate bankruptcies filed in his home state of Delaware.
The co-chair of Mayer Brown’s financial restructuring and bankruptcy practice group is leaving the firm, effective immediately, to join Orrick Herrington & Sutcliffe.
Bankruptcy is a “hot and sexy” practice area right now, and summer associates at premier bankruptcy law firm Weil, Gotshal & Manges feel the attraction.
A settlement requiring a bankruptcy trustee in Pittsburgh to refrain from criticizing Countrywide Financial Corp. is being criticized by the U.S. Justice Department.
A bankruptcy trustee contends that the law firm of Smith, Gambrell & Russell failed to prevent the founder of a now-defunct Atlanta investment firm from embezzling from his clients.
Considered for years the biggest name in corporate bankruptcy practice by many observers, Weil Gotshal & Manges is facing a challenge to its reputation as the nation’s premier insolvency shop…
Retiree Mamie Ruth Palmer filed for bankruptcy in 2002 and has been battling her mortgage lender ever since. Now she has agreed to a settlement that allows her to remain…
Countrywide Home Loans has agreed to pay $325,000 and investigate its records of payments from about 300 borrowers to settle a dispute with a bankruptcy trustee in Pittsburgh.
Jailed after a conviction in a federal dogfighting case, suspended Atlanta Falcons quarterback Michael Vick has filed for Chapter 11 bankruptcy protection.
The U.S. Supreme Court has denied a tax exemption for assets transferred from Piccadilly Cafeterias Inc. to another company before its bankruptcy reorganization received court approval.
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