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Unsecureds to Fight Health Care Merger
Bankrupt companies Genesis Health Ventures and The Multicare Companies want to take the novel step of emerging from Chapter 11 as one in an estimated $1.5 billion merger, but unsecured creditors of Multicare are seeking to block such a deal. Genesis already owns 43.6 percent of Multicare, and that has led Multicare unsecured creditors to file a lawsuit claiming Genesis has a conflict of interest.Proposed Merger by Joint Reorganization Gains New Life
Creditors dropped a lawsuit seeking to stop Genesis Health Ventures' proposed takeover of Multicare Cos. Inc., giving new life to what could be the first merger between two bankrupt companies. The unsecured creditors committee in Multicare's Chapter 11 filing agreed to end its suit seeking to block the merger in return for 2.5 percent of the equity in the combined company and 4 percent of the new warrants.Justice Shirley Werner Kornreich NEW YORK COUNTY Supreme Court Labaton Sucharow LLP of NY, NY represented plaintiff Williamson. For Defendant Arbitrage: Zeichner
New York, Supreme Court New York Law Journal
'Net Neutrality' Policy In Doubt After Ruling
Comcast Corp.'s courthouse victory over the Federal Communications Commission last week might not turn out to be a win for the company after all if it speeds the path for wider regulation of broadband services.10 Survival Tips For First-Year Associates
Fresh out of school, armed with a law degree and a passing grade on the bar exam, first year associates don't have a clue when it comes to practicing law. These 10 survival tips come straight from the source: junior partners and senior associates, all of whom started their practice in top-notch law firms.District Judge Denise Cote U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Appearances: For Interpleader-Plaintiff: John J.D. McFerrin-Clancy, Richard C. Wolter
The full case caption appears at the end of this opinion. WINTER, Chief Judge:SG Cowen Securities Corporation ("Cowen") appeals from Judge Baer's partial denial of a motio
From Latham & Watkins to Wolf Block
Letters L through W in the firm-by-firm summary of the responses to The American Lawyer's 2003 Associate Survey.Trending Stories
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