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Fairfield Sentry Ltd, 10-13164 (BRL)
Publication Date: 2011-05-27 Practice Area: Bankruptcy
Industry: Court: U.S. Bankruptcy Court, Southern District Judge: Bankruptcy Judge Burton R. Lifland Attorneys: For plaintiff: Attorneys for the Foreign Representatives: David J. Molton, May Orenstein, Daniel Saval, Kerry L. Quinn, Brown Rudnick LLP, New York, NY. Attorneys for HSBC Private Bank (Suisse) SA, HSBC Securities Services (Luxembourg) SA, HSBC Bank USA NA (sued here as HSBC Bank USA), HSBC Private Bank (C.I.) Limited (sued here as HSBC Private Bank (Guernsey) Ltd), HSBC Private Banking Nominee 1 (Jersey) Limited (sued here as FS/HSBC Private Banking Nom), Robinson & Co., Caceis Bank Luxembourg, CDC IXIS, Citibank NA London, Citibank (Switzerland) AG, Citigroup, Citivic Nominees Limited, BNP Paribas Securities Services Luxembourg, BGL BNP Paribas (sued here as BNP Paribas Luxembourg SA), BNP Paribas (Suisse) SA, BNP Paribas (Suisse) SA Ex Fortis, & BNP Paribas (Suisse) SA Private: By: Thomas J. Moloney, CLEARY Gottlieb Steen & Hamilton LLP, New York, NY. For defendant: Attorneys for Defendant Safra National Bank of New York and BanqueSafraLuxembourg: By: Robinson B. Lacy, Jeffrey T. Scott, Joshua Fritsch, Yavar Bathaee, Sullivan & Cromwell LLP, New York, NY. Case number: 10-13164 (BRL)
Cite as: Fairfield Sentry Ltd, 10-13164 (BRL), NYLJ 1202495309817, at *1 (Bankruptcy Court, NY, Decided May 23, 2011)Bankruptcy Judge Burton R. Liflandp cl
The Bankruptcy Files: Sidley Tops $100 Million Mark in Tribune Case
Sidley Austin's work advising the Tribune Company through four years of Chapter 11 proceedings that ended last month have generated more than $100 million in fees and expenses for the firm. In addition to Sidley's fees, The Am Law Daily also catches up on the firms behind more recent filings for the likes of Big M, Edison Mission Energy, LodgeNet Interactive, and THQ.In re New Times Securities Services Inc., debtors v. Giddens, defendants-appellants
Securities Investor Protection Act Protects Customers Not Ponzi Scheme�s Victim �Lenders�Delays Could Cost Mirant $1.15M
Judge D. Michael Lynn in U.S. Bankruptcy Court for the Northern District of Texas in Fort Worth has granted Mirant Corp. an extension on its exit financing until Oct. 2, according to Eric Taube, co-counsel for the official equity committee at Hohmann, Taube & Summer. But the delay will come at a price. Mirant could pay an extra $1.15 million in fees to cover the fifth postponement of a hearing for the $2.35 billion exit loan.Fee Enhancement Limits Don't Extend to Bankruptcy, Fifth Circuit Rules
A recent appellate holding that bankruptcy cases aren't governed by a U.S. Supreme Court ruling limiting district courts' fee enhancement power could help lawyers seek bonus fees when they get good results for creditors.
Fee enhancement limits don't extend to bankruptcy, Fifth Circuit rules
A recent appellate holding that bankruptcy cases aren't governed by a U.S. Supreme Court ruling limiting district courts' fee enhancement power will help lawyers seek bonus fees when they get good results for creditors, according to practitioners who reviewed the opinion.Norton Rose Fulbright Joins Ranks of the Legal Giants
As the merger between London-based Norton Rose and Am Law 100 stalwart Fulbright & Jaworski officially went live on Monday, The Am Law Daily looks back to The American Lawyer's Am Law 100 list from 1999—just before Clifford Chance clinched the first large transatlantic tie-up with Rogers & Wells—to see which U.S. firms chose to expand abroad by staking out a merger partner in London.Power Company Calpine Files Year's Largest Bankruptcy
Power generation company Calpine Corp. filed for Chapter 11 late Tuesday. It is the country's largest bankruptcy this year by assets and the eighth largest in U.S. history. The builder, owner and operator of power plants cited numerous reasons for its bankruptcy petition and those of 19 affiliates. The final straw for Calpine was the Delaware Supreme Court's affirmation of a Court of Chancery ruling on litigation over the company's use of asset sale proceeds for fuel purchases.More from ALM
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