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Bankruptcy Filing Launches Delta Fight with Workers
Andy [email protected] that Delta Air Lines Inc. has filed for Chapter 11 bankruptcy protection, the carrier will have a legal fight on its hands from employees and retirees seeking to protect their benefits, legal experts said.Delta, the third-largest U.S. airline, filed late Wednesday for reorganization under Chapter 11 of the federal bankruptcy code, No.Litigation 2009 The New Price Is Right
When Richard Kendall's clients got tired of paying big-firm rates, he left Irell & Manella to strike out on his own. (Photo, left to right: Laura Brill, Robert Klieger, Richard Kendall.)Creative oathing: Some suggestions for Wall Street
A few weeks ago, Bloomberg News reported that, in just the past year, hundreds of students at the Harvard Business School have taken something called the M.B.A. Oath. Endorsed by Harvard's dean and replicated by other business schools, the oath comes in two sizes: an important-sounding long version and a punchy executive summary, consisting of seven crisp bullet points.Client: Johnson & Freedman's malpractice led to $360K loss
According to one disgruntled client, in the course of just 86 seconds, Johnson Freedman lawyers set in motion a mistake that has cost more than $360,000 and amounts to legal malpractice.That client, NRT REOExperts LLC, a licensed Florida real estate broker and foreclosure asset management company, alleges in a complaint filed June 9 in DeKalb County Superior Court that Johnson Freedman and its senior managing partner, Larry W.Tougher Dodd-Frank fiduciary standard for U.S. brokers stalled
The Securities and Exchange Commission, which has been drafting a proposal to raise standards for brokers advising retail investors for almost two years, has scheduled no action on the measure even as 2012 wanes and a presidential election approaches.Strategic Alliances Offer Much
In today's global economy, a strategic alliance can offer tangible benefits to its participants, such as access to capital, expense and risk sharing, product or service fit and marketing capability. Yet structuring strategic alliances is difficult and there are significant legal issues and considerations that must be taken into account before, during and after the consummation of an agreement.M&A deals double up for first half of current year
The volume of U.S. mergers and acquisitions activity doubled in the first half of 2004, according to Thomson Financial, the business research and information group.State AI Legislation Is on the Move in 2024
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