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April 18, 2013 |

Detroit council OKs $3.4M Jones Day pact

The Detroit City Council voted to approve a $3.35 million contract to hire Jones Day as the financially crippled city's restructuring counsel, but the vote came only after suspending the proceedings Tuesday for an hour amid a raucous protest by a group of angry city residents.
5 minute read
November 23, 2004 |

Brobeck Phleger Settlement Stalls After Objections

A U.S. bankruptcy judge delayed ruling on a proposed settlement between Brobeck Phleger & Harrison's estate and Citibank FSB after objections were raised by former Brobeck Phleger partners.
4 minute read
October 07, 2009 |

Heller Partners Lay Out Bankruptcy Theories

The creditors in the Heller Ehrman bankruptcy have talked about going after shareholders' profits and pensions. A recent filing gives first voice to the shareholders' response.
3 minute read
April 07, 2011 |

Bankruptcy Judge: Tribune Fraud Claims Can Go to State Court

The Delaware judge presiding over the Tribune Co. bankruptcy stated his intention during a hearing last week to allow certain creditors to pursue fraudulent conveyance claims in state court.
4 minute read
August 03, 2010 |

Tribune Report (Mostly) Vindicates Brown Rudnick

The firm is off the hook for what critics said were intentional violations of various court orders.
3 minute read
March 11, 2011 |

New Partners 2011

14 minute read
October 07, 2009 |

Heller Shareholders Lay Out Bankruptcy Theories

A group of about 90 former Heller Ehrman partners has logged a defense against creditors' claims that the firm was insolvent in 2007, a key point the creditors need to prove to build a fraudulent transfer suit. The brief -- which is the first peep from any former Heller partners in the 10-month-old bankruptcy -- blames the recession for the firm's demise and asserts that creditors cannot possibly prove that Heller was undercapitalized by the end of 2007, or that funds were fraudulently transferred thereafter.
3 minute read
November 22, 2004 |

Latest Brobeck Settlement Stalls After Objections

A U.S. bankruptcy judge delayed ruling on a proposed settlement between Brobeck, Phleger & Harrison's estate and Citibank FSB after objections were raised by former Brobeck partners. At a hearing Friday before Judge Dennis Montali, attorneys for a group of former partners said the deal would breach their loan agreement with Citibank, saying it could only be assigned to another financial institution.
3 minute read

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