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Corporate Restructuring and Bankruptcy
In this Special Section from the New York Law Journal, brought to you free by EisnerAmper LLP: "Has the Municipal Bankruptcy Tide Shifted?," "'Circus & Eldorado' Court Rules on 'Bad Faith' for Vote Designation," "Account for Lien Priority and Avoidance Considerations in Bankruptcy" and "Valuing Forbearance in Fraudulent Transfer Actions."GE to buy Lufkin for $4.4 billion as CEO adds to energy
General Electric agreed to buy Lufkin Industries for about $3.3 billion to add technologies for the oil and gas industry as chief executive officer Jeffrey Immelt raises his bet on energy.THE NLJ 250 | Index of firms listed
Adams and Reese (143)The Churn: Lateral Moves in The Am Law 200
Bracewell & Giuliani expands in London with four energy lawyers from four firms; Epstein Becker Green welcomes back a health care expert; and Barnes & Thornburg gains two in Chicago. The Churn is constant. Please send all announcements to [email protected].Cerberus, Innkeepers settle hotel deal, price is $1 billion
Cerberus Capital Management LP, Chatham Lodging Trust and Innkeepers USA Trust settled a dispute over whether the buyout firm could end a deal to buy 64 of Innkeepers' hotels because of the U.S. economic decline. Cerberus will pay $1.02 billion for the hotels.Small banks may sell as new rules add scrutiny
Hundreds of community lenders may seek buyers as new U.S. rules aimed at too-big-to-fail banks add costs that the smallest firms say are too much to bear.Trending Stories
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