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Deal Watch: Developer snags Air Force project
When a real estate developer dropped out of a military housing project in Texas, McKenna Long Aldridge partner G. Scott Rafshoon's client stepped into the void.Balfour Beatty Communities LLC last month closed on a $142 million deal to acquire a project to privatize housing at Lackland Air Force Base in San Antonio.As Scandal Swirls, Embattled Brokerage Files for Bankruptcy
After regulators at the Commodity Futures Trading Commission filed a civil fraud complaint against Peregrine Financial Group and its CEO Russell Wasendorf Sr. on Tuesday, the ailing brokerage and its lawyers began Chapter 7 liquidation proceedings in Chicago.Troubled Town Turns on its Nixon Peabody Lawyers
Bell, California, briefly occupied the nation's attention after the Los Angeles Times made front-page news out allegations that the gritty city carved out of an unglamorous section of Los Angeles County was paying its civic leaders mind-bogglingly exorbitant salaries. The focus has now shifted to the conduct of the city's former bond counsel, Nixon Peabody.The Churn: Lateral Moves in The Am Law 200
Three attorneys join Robinson & Cole; McKenna Long & Aldridge names a new chair to its public finance group; and Wiley Rein expands its environment and safety practice with the addition of a partner in Washington, D.C. The Churn is constant. Please send all announcements to [email protected].Deal Watch: Pizza chain gets a slice of capital pie
The franchisor of the popular Mellow Mushroom pizza joints just got a bigger piece of the money pie thanks to a $25 million credit facility from GE Capital.Given the tight-fisted credit markets, almost any sort of leverage is news these days. So it's remarkable that Atlanta-based franchisor Home-Grown Industries of Georgia Inc.Battling Mexican Bribery Allegations, Wal-Mart Taps Cahill, Greenberg, and Jones Day
The world's largest retailer has hired the three Am Law 100 firms to help it cope with the fallout from an alleged bribery and corruption scheme involving a Mexican subsidiary.Rentals May Be Slim for Bar Building
Janet L. [email protected] a downtown in the commercial real estate market that may make it hard to find income-producing tenants, the State Bar of Georgia is going ahead with plans to renovate its 320,000-square-foot building.The bar is seeking a $14 million line of credit so that it can begin building a new parking deck and renovating its headquarters in the old Federal Reserve Bank building on Marietta Street.State AI Legislation Is on the Move in 2024
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