Antitrust & Trade Regulation › Bankruptcy

Debt Relief and Counseling Scams

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 instituted a credit counseling requirement for debtors filing for bankruptcy protection. Credit counseling agencies sprang up quickly on the heels of this...more

Clear Skies Seen Ahead for the American Airlines/U.S. Airways Merger

The recently announced merger of American Airlines and U.S. Airways creates a new carrier that is a behemoth by any measure. The combined airline will have revenues of $39 billion, slightly larger than the current revenue...more

Inside the Mind and Behind the Numbers: Ponzi Schemes

John Hanson, a former FBI Agent and practicing forensic accountant, takes you inside of his mind and behind the numbers of a Ponzi Scheme to answer the universal question: "Where did all that money go?" Based on actual...more

In re Lear: Litigants Enjoined from Pursuing Pre-Plan Effective Date Antitrust Claims

On February 10, 2012, Judge Allan L. Gropper of the U.S. Bankruptcy Court for the Southern District of New York held that certain plaintiffs alleging antitrust violations against Lear Corporation and its reorganized debtor...more

National Settlement Executive Summary 2012

EXECUTIVE SUMMARY OF MULTISTATE/FEDERAL SETTLEMENT OF FORECLOSURE MISCONDUCT CLAIMS written by Philip A. Lehman, Assistant Attorney General Consumer Protection Division, North Carolina Department of Justice. The...more

The lawyer's smoking gun: insolvency, fraud and privilege

Directors may rely on the company lawyer's confidential advice, only to find it released to prosecutors or regulators by a liquidator. Is that allowed? read on...more

A Moment of Privacy -- October 2011

Q: Could my privacy policy hinder the liquidation of my company's assets? A: Possibly, yes. Since defunct online toy store Toysmart's privacy policy precluded its liquidation sale of its customer list a decade ago, most...more

In re Los Angeles Dodgers LLC

Affidavit in Support of Debtors' Chapter 11 Petitions and First Day Motions Filed By Los Angeles Dodgers LLC

The Los Angeles Dodgers Major League Baseball franchise filed for chapter 11 bankruptcy protection on Monday in the bankruptcy court in Delaware. An declaration filed with the bankruptcy court by Jeffrey Ingram, the Dodgers'...more

Longoria Partner in Beso files Motion in Bankruptcy Court

Mali Nachum, one of Eva Longoria’s partners in the restaurant Beso in Las Vegas is seeking legal action against Beso’s move to file for Chapter 11 bankruptcy, which she described as ‘fatally flawed’. Nachum’s contention is...more

Bankruptcy of Quigley Unit of Pfizer to Continue

In September last year, bankruptcy judge Stuart M. Bernstein overruled the application of Quigley Company Inc to exit bankruptcy for the fourth time in its Chapter 11 plan. In his ruling, Judge Bernstein found that Pfizer,...more

Sale of the Century-Five Days in September

In September 2008 Lehman Brothers Holdings Inc. and Lehman Brothers Inc. (collectively, “Lehman”) sold their historically coveted brokerage business to Barclays Capital Inc. Many believe the sale was necessary to prevent a...more

The “Police Power” Clash Continues: The United States District Court for the Eastern District of Virginia Reverses the Bankruptcy...

The “police and regulatory power” exception to the automatic stay in 11 U.S.C. § 362(b)(4)1 and its application to 19 U.S.C. § 3372 investigations by the U.S. International Trade Commission (“ITC”) has recently yielded...more

Countrywide Home Loans Will Pay $108,000,000 to Customers Affected by its Unfair Lending Practices -- and Give Adequate Notice of...

Summary: After two years of investigating Countrywide Home Loans Inc., the U.S. Trustee Program (USTP) in Washington wrapped up litigation concerning Countrywide’s improper conduct in servicing home loans. As part of the...more

Inter-American Dialogues: Latin America Advisor - Financial Services August 12-25

In this Issue: *FEATURED Q&A: Will Mexico's New Banking Sector Rules Have Their Intended Effect? *Brazilian Regulator Formally Approves Itaú-Unibanco Merger *Venezuelan Government Seeking Extradition of Prominent...more

FTC Issues Final Rules for Debt Relief Services: Landmark Changes for Service Providers, Advertisers and Marketers of Debt Relief...

On July 29, 2010 at the White House, with Vice President Biden at the podium, the Federal Trade Commission (the “FTC” or “Commission”) announced its long awaited amendments to the Telemarketing Sales Rule (“TSR”) targeting...more

What Creditors Can -- and Cannot -- Do When Collecting Debts

If you’re behind in paying your bills -- or if a creditor’s records mistakenly make it appear that you are -- a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection...more

Newsletter of the Advertising, Marketing & Media Practice Group of Manatt, Phelps & Phillips, LLP

IN THIS ISSUE: *Rebate-Processing Company Goes Bankrupt *FTC Proposes New Ad Guides for Endorsements *Facebook Spammer Slapped With $873 Million Fine *FTC Fines Debt Collector $2.25 Million Please see full newsletter...more

Bankruptcy Mergers and Acquisitions in the U.S.

The fascinating osculation points of bankruptcy and M&A engages many different areas of law, including corporate, bankruptcy, securities, contracts, tax and antitrust law, as well as practical matters from other doctrines...more