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Judge Rejects Dewey Request to Tap Cash to Fund Ongoing Operations
The denial of a Dewey & LeBoeuf motion to use cash collateral held by primary secured creditor J.P. Morgan Chase—which backed the move—was among the key developments at the initial hearing in the largest law firm bankruptcy case in U.S. history.The U.S. Supreme Court refused on Monday to second-guess an appellate court's decision to revive an antitrust suit against a big swath of the magazine industry, handing a win to bankrupt magazine wholesaler Anderson News and its lawyers at Kasowitz, Benson, Torres & Friedman and Kellogg, Huber, Hansen, Todd, Evans & Figel.
Major magazine publishers and distributors have spent years unsuccessfully trying to dodge claims that they conspired to drive the magazine wholesaler Anderson News out of business. Now they want to take the offensive against Anderson with antitrust counterclaims of their own.
Cite as: Leff v. Fulbright & Jaworski, L.L.P., 117424/06, NYLJ 1202475228998, at *1 (Sup., NY, Decided November 18, 2010)Before: Tom, J.P., Andrias, Nardell
Cite as: Orbimed Advisors, LLC v. Winston & Strawn LLP, Index 13708-2010, NYLJ 1202500469888, at *1 (Court, Decided July 6, 2011)Justice Judith J. Gische/p
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