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Bankruptcy courts have taken divergent approaches to analyzing whether they have jurisdiction to approve nonconsensual third-party nondebtor releases. While the New York bankruptcy court's recent decision in SunEdison provides another data point read more

The former controller at Dewey & LeBoeuf LLP saw the end to what his attorney called a “long and arduous siege” on Friday when he was sentenced to 100 hours of community service after cooperating in the prosecution of his ex-colleague read more

In this week’s Taxation With Representation, Marathon Petroleum dropped down $8.1 billion in assets to its master limited partnership, Caesars Entertainment acquired Centaur for $1.7 billion, Shanghai Pharma snapped up the China business of Car read more

Several law firms, including Seyfarth Shaw LLP and Jones Day, and the trustee for Howrey LLP agreed Thursday that the Ninth Circuit should ask the D.C. Court of Appeals whether the bankrupt law firm could seek fees its ex-clients paid its former atto read more

The judge presiding over the bankruptcy case for ChinaCast Education Corp. abruptly adjourned the company's Chapter 11 plan confirmation hearing on Thursday, finding the debtor’s last-minute request for approval of a shareholder settlement read more