0 results for 'Saul Ewing'
Sun's Medicare Settlement Clears
Bankrupt nursing home chain Sun Healthcare Group could emerge from Chapter 11 after a Delaware judge confirmed its reorganization plan on Tuesday. Judge Mary Walrath in the U.S. Bankruptcy Court in Wilmington, Del., approved the plan after Sun received final approval from the federal government for an $11 million settlement involving Medicare overpayments made to the company.PPP: The Measure Lawyers Both Love and Hate
Profits per equity partner - the metric everyone loves to hate but can't seem to discard - might, just might, be taking a back seat to other financial metrics as partners and firms look to better measures of financial health and, to some extent, look to use the recession as a way of tamping down the importance of the PPP figure.Bankruptcy Lessons From E.spire's GC
When Herndon, Va.-based e.spire Communications filed a voluntary petition for Chapter 11 bankruptcy reorganization, General Counsel Juliette Williams Pryor was forced to bone up on federal bankruptcy laws at a rapid pace. One lesson she learned was: Be prepared to take charge.Ebbers' Lawyer: White-Collar Bar 'Rolled Over'
Government power over corporate America no longer benefits the public interest it portended to protect after recent corporate scandals, according to white-collar defense counsel Reid Weingarten, who recently represented WorldCom ex-CEO Bernie Ebbers. The Steptoe & Johnson partner told a group of general counsel Wednesday that the "white-collar defense bar has capitulated and rolled over." He said he wants to see more cases go to trial rather than end in deferred prosecution agreements.Intelligent Design Attorney Speaks to ADL Summer Associates
Pro bono has a glamorous side, according to Pepper Hamilton partner Eric Rothschild's send-off speech to participants in the Anti-Defamation League's Summer Associates Research Program.Bank Escapes Liability to its Shareholders For Alleged Role in Hiding of Enron Debt
JPMorgan Chase paid $2.2 billion to settle a lawsuit against it by Enron investors, but it has escaped liability to its own shareholders for its dealings with the notorious energy trading company. The Second Circuit has ruled that JPMorgan shareholders cannot sue the bank for a plunge in their stock values that resulted from the bank's creation of "special purpose" entities, including Mahonia Natural Gas Ltd., that allegedly enabled Enron to conceal debt from investors by reporting the cash flow from JPMorgan through Mahonia to Enron as revenue from prepaid commodity trades rather than as loan proceeds.Big Verdicts, Big Vacancies Top Phila. Courts' Stories in '06
Medical malpractice-minded rule changes may have led to a decrease in whopper verdicts in Philadelphia Common Pleas Court, but that doesn't mean City Hall didn't see its fair share of courtroom drama in 2006.Trending Stories
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