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The Churn: Lateral Moves in The Am Law 200
Skadden, Arps, Slate, Meagher & Flom closes in Vienna; Allen & Overy loses three senior lawyers on the East Coast; and Husch Blackwell hires six government compliance and investigations attorneys in Missouri. The Churn is constant. Please send all announcements and news releases to [email protected].Daily Decision Service Alert: Vol. 22, No. 139 – July 19, 2013
Daily decision alert.The Score: NBA Union's Legal Bills Keep Piling Up
As players get set for a new National Basketball Association season, the union that represents them remains locked in litigation with its former leader. Meanwhile, in other sports law news: a Williams & Connolly partner starts his own sports agency; a trio of litigators helps Mark Cuban beat the SEC; Jeffrey Kessler sizes up collegiate clients; and Lanny Davis signs on to defend the Washington Redskins' name.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.Creating a Culture of Compliance
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