0 results for ''Klee Tuchin''
Another Litigation Finance Firm Opens its Doors
Three prominent lawyers and a hedge-fund manager have launched Gerchen Keller Capital LLC, a Chicago-based litigation financing company with $100 million in capital.GM and Chrysler: The End of Bankruptcy as We Know It?
Almost every bankruptcy expert The Am Law Daily talks to agrees that the super-fast General Motors and Chrysler bankruptcies diverted from traditional bankruptcy law because of the government's huge role in each case and the danger that liquidation might have posed to the broader economy. What they don't agree on is whether the cases set a meaningful precedent for future judges.Heller Creditors Seek $150 Million, Detail Firm's Failings
The stakes have gone up. Heller Ehrman's creditors now want $150 million from former partners, contending in a confidential mediation brief that the firm fraudulently conveyed that much to partners after it had become insolvent. Meanwhile, a group of 89 former Heller partners said in their own confidential brief that they've hired John Keker of Keker & Van Nest to represent them if creditors pursue a fraudulent conveyance suit.Jones Day Steers Detroit to Chapter 9 Bankruptcy Filing
Four months after being hired to help the financially crippled city find a way out from under its mountain of debt, the firm is now taking the lead advisory role on what is poised to become the largest municipal bankruptcy in U.S. history.Lawyer is a 'walking history of bankruptcy'
Kenneth Klee was about to go on a Mexican vacation in 1975 when he got a call from his office in the U.S. House of Representatives, where the young lawyer was helping Virginia Republican M. Caldwell Butler rewrite the federal bankruptcy code. New York City was preparing to file bankruptcy in the middle of a fight with city unions over expensive labor contracts.Clifford Chance Offer Scuttled in Brobeck Bankruptcy
U.S.Bankruptcy Judge Dennis Montali on Thursday rejected Clifford Chance's offer to settle claims that its actions led to Brobeck, Phleger & Harrison's demise. Instead of accepting a deal between Clifford Chance and the Brobeck estate trustee, Montali set a Dec. 17 auction in his courtroom to determine the proper price to settle or pursue those claims. Montali's move was good news to Brobeck's creditors and to ex-partners who blame Clifford Chance for Brobeck's implosion.San Bernardino Is Third California Municipality to File for Bankruptcy in 3 Weeks
Litigation funding begins to take off
Selvyn Seidel is a betting man. He's betting that life after a partnership at Latham Watkins will provide continued riches and that the pallid economy can sustain his recent venture. He's also betting that it's the beginning of a new age in litigation.Retired from Latham in 2006, he and former Time Warner Inc.Detroit Bankruptcy Sets Record for Insolvency
Four months after being hired to help the city of Detroit find a way out from under its mountain of debt, Jones Day is taking the lead advisory role on what is poised to become the largest municipal bankruptcy in U.S. history.State AI Legislation Is on the Move in 2024
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