Labor & Employment Law

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News & Analysis as of May 24, 2013

Dewey's Bankruptcy Lawyer: More Large Law Firms Will Fail [Video]

by Bloomberg Law on 5/23/2013

May 23 (Bloomberg Law) -- While failed law firms make for notoriously difficult bankrupty cases, Dewey & LeBoeuf's time in bankruptcy court was quicker and easier than other notable law firms. Joe Samet, head of restructuring...more

Bill on Bankruptcy: Patriot Coal Case Kicked From Manhattan To St. Louis [Video]

by Bloomberg Law on 11/29/2012

Nov. 29 (Bloomberg Law) -- The decision sending the Patriot Coal Corp. reorganization to St. Louis will focus debate on the near impossibility of convincing a judge in New York or Delaware to send a bankruptcy somewhere else,...more

Part 3: Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review

by Pew Law Center on 10/12/2012

Marginal Successes, Revised Expectations, Broken Promises – A Presidency in Review Part 3: No New Bankruptcy Protections for Workers and Retirees While on the campaign trail, presidential candidate Barack Obama promised...more

Pennsylvania Legislature Restores Jurisdiction of Act 47 over Interest Arbitration Awards

by Ballard Spahr LLP on 7/9/2012

Governor Corbett last week signed SB 1321, which requires that Act 111 interest arbitration awards comply with a municipality’s Financial Recovery Plan under the Municipalities Financial Recovery Act (Act 47). The law becomes...more

Governors Oppose Bankruptcy for States

by Tampa Bay Bankruptcy Center, P.A. on 3/1/2011

On the ongoing debate in Congress regarding legislation to allow states to seek federal bankruptcy protection, the governors of the respective states have got this to say – “We don’t want any of it” (paraphrase mine). For...more

Bankruptcy Not a Cure-All

by Tampa Bay Bankruptcy Center, P.A. on 2/21/2011

Allowing states to file for bankruptcy is not going to cure all the public pension problems, according to one expert. Professor Joshua Rauh of Northwestern University told a congressional hearing this recently. However,...more