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March 23, 2017 |

PwC Settles Midtrial in MF Global Accounting Malpractice Case

The multibillion-dollar fight between the bankruptcy administrator for MF Global and PricewaterhouseCoopers has been settled midtrial.
12 minute read
March 09, 2017 |

Former NJ Gov Says Credit Downgrades, Not Bond Bets, Doomed MF Global

Former New Jersey Gov. Jon Corzine said Thursday it wasn't his big gamble in Euro bonds that sunk MF Global in October of 2011, but a lack of market confidence spurred on by unjustified credit downgrades.
8 minute read
March 07, 2017 |

Oscars Debacle Hovers Over Trial Between PwC and MF Global

Jury selection in the trial between MF Global, the brokerage house run by former New Jersey Gov. Jon Corzine, and the lauded accounting firm PwC began Monday.
8 minute read
August 09, 2016 |

As Trial Begins, PwC Claims Bank Fraud Was Well-Hidden

At opening statements in a $5.6 billion trial against PricewaterhouseCoopers, lawyers tussled over how hard a fraud at Colonial Bank would have been to catch.
8 minute read
August 05, 2016 |

PwC, Plaintiff Point Fingers Ahead of Opening Statements in Negligent Auditing Trial

Opening statements are set for Tuesday in a $5.5 billion case against accounting giant PricewaterhouseCoopers.
9 minute read
July 01, 2016 |

King & Spalding Fields Chapter 11 for AstroTurf

After suffering a $30 million patent verdict last year, the synthetic grass maker skidded into bankruptcy court on Tuesday.
16 minute read
March 16, 2016 |

GM Asks Circuit to Uphold Shield Against More Lawsuits

Lawyers for General Motors faced skepticism from the Second Circuit Tuesday as the automaker argued that a bankruptcy court's order protecting it from most pre-2009 ignition switch defect claims should be affirmed.
5 minute read
January 26, 2015 |

King & Spalding Advises Latest Bidder for New York City Opera

A month after Duane Morris client NYCO Renaissance sought to rescue the New York City Opera out of bankruptcy, another suitor has emerged with a competing bid. King & Spalding client Gene Kaufman is offering $1.5 million for the opera company, trumping NYCO's $1.25 million bid.
3 minute read
November 10, 2014 |

Skadden, Weil Alum Nab Roles in Dendreon Bankruptcy

In a down year for big corporate bankruptcies, Skadden, Arps, Slate, Meagher & Flom bagged a big assignment Monday for Seattle-based biotechnology company Dendreon as the prostate cancer drug maker filed for bankruptcy in Delaware. Also tapped by the debtor as claims agent in its Chapter 11 case is Prime Clerk, a company started last year by former Weil, Gotshal & Manges restructuring partner Shai Waisman.
4 minute read
August 21, 2014 |

Some GM Plaintiffs Seek a Way Around Bankruptcy Stay

A number of plaintiffs attorneys, hoping to jumpstart lawsuits over General Motors Co.'s ignition switch recalls, are challenging a court order that prevents them from pursuing their claims.
3 minute read

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