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Moving pieces at closing overcome in sale of failed conversion
Before the $28 million sale of the Eden condominium to Priderock Capital Partners in March 2010, the Boca Raton complex was one of the most glaring South Florida examples of the failed condo conversion strategy.Analyzing the Unique Duties and Obligations of Special Needs Trusts
Robert M. Freedman, Barry I. Lutzky and Lauren I. Mechaly of Schiff Hardin write: Special Needs Trusts are commonly used in planning for disabled beneficiaries. Trustees of such trusts have different and additional responsibilities and obligations than trustees of other trusts.View more book results for the query "Bank of New York Mellon"
A New York state court judge dismissed Madoff feeder fund investors' claims against Tremont Partners, MassMutual, Oppenheimer, and others, finding that plaintiffs had neither standing to sue nor evidence that the defendants were guilty of fraud.
Kerr to Lead McCarter & English Phila. Branch
Only five months after joining the firm as a partner in a lateral hiring, litigator Alec Kerr has been named the new Philadelphia office managing partner at New Jersey-based McCarter English. He replaces Glenn Callahan, who will be leaving the firm to open his own practice with wife and fellow McCarter partner Therese Keeley in Cape May, N.J.The Am Law 100, the Early Numbers: Revenue Falls, Profits Plummet at Fried Frank
Fried, Frank, Harris, Shriver & Jacobson registered across-the-board declines in key financial categories last year, as gross revenues slid 6.3 percent, revenue per lawyer dipped 2.6 percent, and profits per partner plunged 16.8 percent, according to The American Lawyer's reporting.US Airways and Delta must convince creditors' committee
THE FATE OF Delta Air Lines now rests with a nine-member creditors' committee whose members must weigh competing interests among debt holders as well as assess who is best qualified to lead the airline to profitability.Tempe, Ariz.-based US Airways has an $8.5 billion merger deal on the table for the airline, which is reorganizing under protection of the U.State AI Legislation Is on the Move in 2024
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