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December 16, 2004 | Law.com

Bankruptcy Examiners on the Rise

A recent flurry of appointments of "examiners" in some of the largest bankruptcy cases nationwide has renewed interest in examiners' role in bankruptcy cases. These investigations are no small matter. The Enron examination took more than 18 months and cost over $100 million. For the foreseeable future, bankruptcy professionals will be dealing with examiners more often, in bigger cases. Knowing what examiners are about is a good idea for practitioners, no matter what their specialty.
11 minute read
January 09, 2009 | New York Law Journal

Courts Force CDS Parties to Live With Plain Terms of Contract

Robert Knuts and Josh Cohn, partners in Allen & Overy, write that the ability of the court in VCG Special Opportunities Master Fund Ltd. v. Citibank NA to understand the esoteric Implied Writedown mechanism of a relatively standard CDS on CDO transaction, as well as the economic context in which the CDO was sold, is a reassuring example of a court's general ability to deal with the facially complex documents that govern many derivatives and other capital markets transactions.
11 minute read
July 25, 2007 | Law.com

N.Y. Federal Court Declines to Relieve Attorneys in KPMG Case

Southern District of New York Judge Lewis A. Kaplan on Monday prevented attorneys Robert Fink and Caroline Rule from withdrawing as defense counsel to former KPMG partner Richard Smith in United States v. Stein. At a Monday conference, Fink argued that when the government filed its notice of appeal in its fraud case against 13 former KPMG partners, it stripped Kaplan of jurisdiction and his ability to prevent Fink's firm from withdrawing. But Kaplan disagreed.
2 minute read
October 23, 2009 | Daily Business Review

World markets advance amid U.S. earnings cheer

World stock markets rose strongly Friday after another batch of solid U.S. earnings and further confirmation that the recovery in Germany, Europe's biggest economy, is gathering pace.
3 minute read
June 30, 2005 | New York Law Journal

Newsbriefs

4 minute read
Law Journal Press | Digital Book New Jersey Business Litigation 2025 Authors: Paul A. Rowe, Andrea J. Sullivan View this Book

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October 10, 2008 | Daily Report Online

DOJ and FBI can reopen civil rights crime cases

2 minute read
December 22, 2008 | Daily Report Online

Where'd the bailout money go Shhhh, it's a secret

WASHINGTON AP - It's something any bank would demand to know before handing out a loan: Where's the money goingBut after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it."We've lent some of it.
6 minute read
February 12, 2010 | Daily Report Online

No decision on death penalty in Beason killings

LINCOLN, Ill. AP - A judge in central Illinois is giving prosecutors more time to decide if they'll seek the death penalty for two brothers accused of killing a Beason couple and three of their children.The judge granted the request for additional time Thursday.Prosecutors say they're waiting for the results of DNA testing on more than 80 pieces of evidence before deciding whether to seek the death penalty.
1 minute read
November 06, 2008 | Daily Report Online

Races for open bench seats go to runoff

Runoffs will decide who fills open seats on the Georgia Court of Appeals and the Fulton County Superior Court, although exactly who would take part in the Dec. 2 contests was not clear as vote-counting continued Wednesday afternoon.Holland Knight partner Sara L. Doyle and Lawrenceville criminal defense attorney Michael M.
9 minute read
February 14, 2003 | Texas Lawyer

Specialized Waste Systems Inc. v. State

3 minute read

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