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The American Lawyer

New Paul Weiss Recruit Dials Up First Big Bankruptcy at New Firm

Paul Basta, who left Kirkland & Ellis this summer, is advising the second-largest radio station operator in the country in its Chapter 11 case.
36 minute read

The Legal Intelligencer

Your Guide to the Top Nine New Local Bankruptcy Rules

Just in time for the holiday season, the U.S. District Court of the Eastern District of Pennsylvania (at the request of the Board of Bankruptcy Judges) promulgated new Local Bankruptcy Rules which will go into effect Dec. 1.
5 minute read

The American Lawyer

Sullivan & Cromwell Takes Lead on Offshore Oil Driller's Bankruptcy

The Wall Street firm, which took on its first debtor side bankruptcy role nearly six years ago, is advising Pacific Drilling in its Chapter 11 case in Manhattan.
6 minute read

Connecticut Law Tribune

Judge Upholds Trump's Designation of Mick Mulvaney as Acting CFPB Head

A federal judge on Tuesday refused to undo the Trump administration's designation of Mick Mulvaney as the interim leader of the Consumer Financial Protection Bureau, rejecting an argument that the White House unlawfully sidestepped the appointment of another lawyer from within the Obama-era agency.
6 minute read

The American Lawyer

Sedgwick's Resolution a Potential Dickstein Shapiro Redux

The Am Law 200's decision to wind down its operations by early January may be the beginning of a long and costly ordeal for its former partners and potentially for the law firms where they resume their careers.
23 minute read

Daily Business Review

Florida Company Sues Baker McKenzie for Malpractice

Baker McKenzie has filed a motion to dismiss the case and released a statement Friday stating that the suit had no merit. The firm declined to comment further.
4 minute read

Daily Business Review

DBR Announces 13th Annual Most Effective Lawyers Honorees

The Daily Business Review recognizes the legal accomplishments of dozens of South Florida attorneys with its Most Effective Lawyers awards.
2 minute read

Texas Lawyer

Haynes and Boone Oil Patch Report Shows $5.6B in Bankruptcies

Since the beginning of 2015, the firm has tracked 134 North American oil and gas producers that have filed for bankruptcy. The biggest share of those – 60 – were in Texas, according to a map the firm compiled to go with the analysis.
5 minute read

Daily Business Review

Miami Trustee Secures 99 Percent Recovery for Former NFL Quarterback Michael Vick's Creditors

Creditors got a final distribution of about $1.5 million Thursday, recovering about $17.4 million on verified claims of about $17.6 million.
5 minute read

The Legal Intelligencer

Sovereign Immunity in Bankruptcy Cases: Can a Trustee Sue the State?

Typically, a state governmental entity is immune from suit unless the state explicitly waives its own sovereign immunity with respect to a particular claim or issue.
12 minute read

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