Dec 08
At least five circuit courts have taken a sensible approach to allowing an undersecured creditor's claim for legal fees. But there is still no uniformity in the lower courts, as evident in a North Carolina federal court's recent decision in Summ read more
Dec 08
The European Union’s chief antitrust enforcer on Friday cited “deep competition concerns” about Deutsche Lufthansa AG’s proposal to buy €210 million ($247 million) in assets from beleaguered rival Air Berlin PLC. read more
Dec 08
The liquidating trustee appointed under the confirmed Chapter 11 plan of real estate firm Newbury Common Associates LLC filed a 16-count adversary complaint Thursday in Delaware alleging the company’s managers were negligent in allowing a third read more
Dec 07
NextEra Energy Inc. urged a Delaware bankruptcy court to set aside $275 million of Energy Future Holdings Corp.'s cash late Wednesday during an appeal from a judge’s flip-flop on rights to an equal-size termination fee award in NextEra&rsqu read more
Dec 07
The California Supreme Court dove deep into the financial rights of law firms on Thursday when the trustee of dissolved firm Heller Ehrman LLP argued it’s entitled to the hourly profits of ex-partners for cases they continue at new firms like J read more
