News

Global Brokerage Inc., the effective owner of online foreign exchange broker FXCM, relented Wednesday to a New York bankruptcy judge's refusal to bless litigation releases for directors of Global Brokerage in its prepackaged restructuring plan, a read more

A New York bankruptcy judge on Wednesday cleared the last objection to Walter Investment Management Corp.’s Chapter 11 plan, saying the company can extend the plan’s litigation release provisions to its nonbankrupt operating companies. read more

Weil Gotshal & Manges LLP announced Tuesday that a former Kirkland & Ellis LLP bankruptcy partner has joined the firm’s New York City office. read more

A blank check company affiliated with distressed debt investor Mudrick Capital Management LP filed plans Tuesday for a $200 million initial public offering with the goal of buying a business that has recently emerged from bankruptcy. read more

In this monthly series, legal recruiting experts Amanda Brady and Amy Mallow of Major Lindsey & Africa interview law firm management from Am Law 200 firms about how they are navigating an increasingly competitive business environment. The second read more