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December 21, 2004 | Law.com

Lax Oversight Of Finances Led to Crisis

20 minute read
May 19, 2008 | National Law Journal

City a bellwether for municipal bankruptcy

A California city on the brink of seeking federal bankruptcy protection, has become a national bellwether for financially shaky local governments considering the pitfalls of filing Chapter 9 municipal bankruptcy. Lawyers advising local governments around the country are watching Vallejo, Calif., to see how long the city stays in bankruptcy, how it emerges, whether the judge allows the city to renegotiate contracts with unions and bondholders, whether it sells city assets and who buys them.
4 minute read
February 25, 2013 | Daily Business Review

Citigroup targets Europe as lenders stoke CMBS revival

U.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis.
6 minute read
March 07, 2003 | Law.com

Localized Pain

European unification has done nothing for the standardization of bankruptcy law, particularly as corporations go global. As U.S. corporations expand in Europe, so have U.S. turnaround advisory firms. Despite their expertise, however, Americans are often caught off guard. The bankruptcy of Bridge Information Systems, a New York-based international financial information provider, is a case in point.
9 minute read
February 21, 2011 | National Law Journal

Big bankruptcies, big legal fees

It's been a good time to be a bankruptcy lawyer. Though it's been almost three years since the economy began its meltdown, several massive bankruptcies are continuing to generate big fees for attorneys.
12 minute read
September 08, 2000 | Law.com

Going, Going, Sold!

After filing for Chapter 11 bankruptcy, Charter Behavioral Health Systems of Alpharetta, Ga., formerly the nation's largest operating behavioral health facility, auctioned off many of its facilities. In a grueling 19-hour day, bidders raised hands for properties as they went on the block, with some ordering Chinese takeout to keep the bidding going.
6 minute read
February 25, 2011 | The Legal Intelligencer

Big Bankruptcies Are Fee Machines for Lawyers

It's been a good time to be a bankruptcy lawyer. Though it's been almost three years since the economy began its meltdown, several massive bankruptcies are continuing to generate big fees for attorneys.
11 minute read
March 24, 2006 | Daily Report Online

PoGo works on bank acquisition

A TEAM FROM POWELL GOLDSTEIN helped the owners of a newly formed bank in the North Georgia mountains reach an agreement to sell their bank to a fast-growing Mississippi financial company. NBC Capital Corp., headquartered in Starkville, Miss., said on Tuesday that it agreed to pay $22 million in cash and stock to acquire Seasons Bancshares Inc.
5 minute read
July 30, 2009 | The Legal Intelligencer

Home Restoration Client May Be Money Pit for Law Firms

At least four law firms have been left hanging for millions of dollars in legal fees from a home restoration company whose former chairman pleaded guilty to fraud involving another corporation.
5 minute read
July 29, 2009 | New York Law Journal

Several Law Firms Seek Unpaid Fees From One Home Restoring Business

5 minute read

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