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Corporate Counsel

Champagne Anyone? Celebrating an End to 'Piling On' White Collar Enforcement

A recent announcement from the Justice Department may prompt some in-house counsel to raise their glasses.
4 minute read

Daily Business Review

Subprime Auto Lenders Folding—Is This a New Financial Indicator?

The recent Bloomberg headline “Smaller Subprime Auto Lenders Are Starting to Fold,” and the accompanying article may seem astounding in today's bustling economy.
4 minute read

The Legal Intelligencer

Clear Error Review For Nonstatutory Insider Status ... For Now

A designation of “insider” status can impact a wide range of issues within a bankruptcy proceeding and sometimes change the outcome of the case. For example, the preference clawback period is deemed extended to one year for any payments or other transfers made by a debtor to an insider
6 minute read

Corporate Counsel

Investment Firm FORT Appoints Christopher Snyder as General Counsel

Snyder has Big Law experience behind him—he has worked at Latham & Watkins and Cravath, Swaine & Moore.
2 minute read

Delaware Business Court Insider

Bankruptcy Court Enjoins Creditor From Pursuing Claims in Chancery in Chapter 11 Trust Liquidation

In JMO Wind Down, Chief Bankruptcy Judge Brendan Shannon considered a motion to enjoin a creditor from pursuing claims against various defendants that were pending in a civil action in the Delaware Court of Chancery based on the provisions of the debtor's Chapter 11 plan of liquidation.
1 minute read

Corporate Counsel

Fintech Expert Lee Schneider Leaves McDermott to Become GC at Blockchain Startup

Financial technology expert Lee A. Schneider has left McDermott Will & Emery to become general counsel of blockchain software developer Block.one, after joining the law firm from Debevoise & Plimpton just last fall.
5 minute read

Daily Business Review

Is Bank of America Spending Over Six Figures — and Rising — to Fight $75K South Florida Suit?

Palm Beach Circuit Judge Lisa S. Small issued a rebuttable instruction, telling the jury that "Bank of America's records are not reliable."
5 minute read

The Legal Intelligencer

Business Succession Planning From an Estate Planner's Perspective

A parallel topic for business owners, that we did not address in that article head on, is the myriad ways in which businesses are transitioned once the sole owner of the business exits, whether by accident (i.e., death or disability) or by design.
7 minute read

National Law Journal

Wilmer Partner Dan Berkovitz, Up for CFTC Seat, Reveals Big Law Income, Client List

Dan Berkovitz, a Wilmer Cutler Pickering Hale and Dorr partner in Washington and nominee for a Democratic seat on the Commodity Futures Trading Commission, represented some of the country's largest financial institutions.
5 minute read

Daily Business Review

Florida CFO Patronis Looks to Replace Financial Regulator Breakspear

“My experiences with you and your office, and the feedback I have received from my staff, have validated these concerns,” Patronis wrote in a letter to Breakspear. “I believe this is due to a lack of leadership at the top.”
3 minute read

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