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That $6 Billion Settlement with JPMorgan in the WaMu Chapter 11? It May Be in Jeopardy After Bankruptcy Judge Refuses to Dismiss Claims by Bank Bondholders
Publication Date: 2010-04-08 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Bondholders who bought into Washington Mutual Bank's $22 billion note offering never agreed to the proposed deal announced last month. At the time, WaMu Inc. said it didn't matter because the bondholders didn't have standing in its Chapter 11. Well, now they do.
Coalition Concerned About Tax Reform Commission Proposal
Taxes totaling $320,000 a year -- that's how much a Texas firm with $100 million in gross revenues and 71 percent of its business operations apportioned to the state could face paying under a tax plan that Gov. Rick Perry's Tax Reform Commission is scheduled to unveil March 29.Schools Liable for Harassment by Students
Holding school districts liable for sexual harassment of one student by another will be just as tough as when the harassment is done by a teacher or district employee under a U.S. Supreme Court ruling handed down yesterday, Davis v. Monroe County Board of Education.Law firm librarians on design, staffing, spending
Here are the results of the Second Annual AmLaw Tech library survey. (See box on next page)
Tax Time: Attorneys Split on Impact of Legislature's Plan
A coalition of large firms, which opposed a proposed state tax the firms contend favors some taxpayers over others, found itself unsuccessful in the deal-making process in the Texas Legislature's current special session. H.B. 3, the business tax bill, won a final nod from state lawmakers the first week of May.Texas School District Closes Second Case Involving Religion
Texas' Santa Fe Independent School District is making headlines with another suit involving religion. The district captured the nation's attention in 2000 when the U.S. Supreme Court ruled against its practice of organized student-sponsored prayer at public school events. Last month, the district settled a suit arising from alleged acts of religious intolerance against a Jewish boy.In-house counsel: Michael C. Nichols, Sysco Corp.
With business in 49 states and parts of Canada, Sysco is the largest food service marketing and distribution organization in North America. Using a fleet of 7,000 trucks, the company delivers a variety of fresh, frozen and canned foods and related products to more than 300,000 restaurants, schools, hotels and health care institutions. The National Law Journal interviews their general counsel, Michael C. Nichols.Trending Stories
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