Bankruptcy & Restructuring

Leading Bankruptcy, Restructuring Lawyer Berry Spears Enhances Locke Lord’s Austin Team

Leading Bankruptcy, Restructuring Lawyer Berry Spears Enhances Locke Lord’s Austin Team 1

    (AUSTIN) October 14, 2014 –Berry Spears, who previously served as the partner-in-charge of Norton Rose Fulbright’s Austin office, has joined Locke Lord’s Austin office as a Partner in the Firm’s Litigation Department and its Bankruptcy, Reorganization and Insolvency Practice Group.   Spears has extensive experience representing clients in a number of key industries, …

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Bankruptcy Courts and How They Fit into the US Bankruptcy Landscape

Bankruptcy Courts and How They Fit into the US Bankruptcy Landscape 3

Dechert – Around the globe, bankruptcy courts are constituted in different ways. In the United States, they are constituted as courts of equity. For anyone who wishes to have some sense of the logic of the US bankruptcy system, it is helpful to understand both what this means and how it fits into the larger …

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Have a Look on Major Factors Causing Problems in Bankruptcy

Have a Look on Major Factors Causing Problems in Bankruptcy 4

Bankruptcy expert and writer Daniel Clark looks at some of the key factors to be considered in the case of New Jersey bankruptcy law, but which are also applicable to other jurisdictions too.   Bankruptcy is a legal status of a person or any other entity who cannot repay the debts that is being owned …

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American Bancorp.’s Involuntary Bankruptcy: A New Strategy for Investors in Trust-Preferred Securities

American Bancorp.’s Involuntary Bankruptcy: A New Strategy for Investors in Trust-Preferred Securities 5

Davis Polk – June 5, 2014 The involuntary chapter 11 bankruptcy filing of American Bancorporation (“American”), commenced by a group of distressed debt investors holding American’s trust-preferred securities (“TruPS”), was upheld by the U.S. Bankruptcy Court for the District of Minnesota pursuant to an order entered on May 27, 2014. This development highlights the use …

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Failing Law Firms and The Risk of Hiring Laterals and Minimizing “Jewel” Risks

Failing Law Firms and The Risk of Hiring Laterals and Minimizing "Jewel" Risks 6

As more law firms fail the risk of hiring laterals has placed the hiring law firms in line for potential legal action by the bankruptcy trustee of the failed firm. Arnold & Porter partners wrote the following for Law360, dealing with issues about minimizing risk in lateral hires. By Lisa Hill Fenning, Pamela Phillips, Jonathan …

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