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Pleading Gets a Little Easier in Cases of D&O Liability
One of the potential assets of a corporation's bankruptcy estate - sometimes the only significant asset - is a claim against the debtor's directors alleging various breaches of the fiduciary duties they owed to the debtor, its shareholders and creditors.
What Delta Can Learn From Other Bankruptcies
As Delta Air Lines this week joined United Airlines, US Airways and Northwest Airlines as major U.S. carriers operating under Chapter 11 protection, the experiences of Continental Airlines and now-defunct Eastern Air Lines provide case studies of the best and worst scenarios for Delta. Although Eastern is "the prototype of the worst-case scenario," one expert explains how the bankruptcy of Continental worked because management was able to wring significant concessions out of its workforce.The Pros and Cons for Lawyers of In-Flight Wi-Fi
There are two kinds of attorneys on airplanes: those who view their time in the sky as a respite from communications and those who have memorized the entire list of approved electronic devices. For both camps, in-flight Internet has largely been a disappointment.
Trustee says much of $1.6 billion in Fontainebleau funds unaccounted for
The bankruptcy trustee overseeing the company behind the now-stalled Fontainebleau Resort and Casino in Las Vegas says funds that went to a related construction company can't be accounted for and contractors and suppliers were overpaid about $130 million.Some Prominent Brooklyn Law School Alumni
Prominent Brooklyn Law School alumni include law firm leaders, corporate leaders, counsel for major corporations, government officials, federal judges, and at least one news personality.K&L Gates Adds Seven Partners from Parker Poe to Launch In South Carolina
Ruling Knocks Firm off $100 Mil. Legal Dispute
The Kenny Nachwalter law firm has been disqualified from a $100 million legal dispute among air cargo carriers that has been in federal and state court litigation for a decade and touched some of Miami's leading law firms.E.U. firms seek U.S. attorneys
Despite instability in the European marketplace, there are many opportunities for lawyers seeking a tour of duty abroad. Firms are hiring U.S. lawyers, not just for their U.S. expertise but also for their specialist talents. Most U.S. practices in Europe are either consolidating or growing, and over the last few years U.S. firms have shaken up the European legal market with a host of mergers and lateral hires.Trending Stories
- 1Joshua Wright's $108M Defamation Case Against Former Students to Proceed to Trial
- 2Future of Litigation: Keeping Pace with the Rapid Rate of Change
- 3In Wake of Sexual Misconduct Allegations Against Ex-Law Professor, GMU Bans Intimate Relationships With Students
- 4Joshua Wright Sues GMU for Alleged Title IX Violations, but Has $108M Defamation Suit Against Accusers Tossed
- 5How Attorney Titles in Big Law Can Mean Everything, and Nothing, All at Once
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Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
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