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

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: Lehman Test Case on Judicial Nullification [Video]

May 9 (Bloomberg) -- Although Lehman Brothers Holdings Inc. is out of bankruptcy a year, the case continues to make law. As Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their...more

Bill on Bankruptcy: Easterbrook Turns the Tide on Student Loans  [Video]

April 18 (Bloomberg) -- Why and when U.S.-managed hedge funds can go bankrupt in the Caribbean, not in the U.S., is the first item discussed on the new bankruptcy video with Bloomberg Law's Lee Pacchia and Bloomberg...more

Buchheit: Cyprus Could Need a Second Bailout  [Video]

Mar. 28 (Bloomberg Law) -- The sovereign debt crisis in Cyprus marks the fifth European nation to need a bailout in recent memory, but this crisis is unique because European Union regulators are taking the unprecedented step...more

Bill on Bankruptcy: Why is Kodak's Stock Soaring? [Video]

March 20 (Bloomberg Law) -- Although Eastman Kodak Co. stock shot up like a rocket in a week's time, investors might not have the same profitable outcome like owners of American Airlines shares, as Bloomberg Law's Lee Pacchia...more

Weekly Brief: Courthouse Violence on the Rise  [Video]

Feb. 14 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A recent shooting at a courthouse in Wilmington, Delaware highlights a disturbing rise in violence in and around courts. Mary...more

Bill on Bankruptcy: Rakoff Reverses Himself in Madoff Case  [Video]

Feb. 13 (Bloomberg) -- Judges rarely reverse themselves. When U.S. District Jed Rakoff recanted a ruling he made previously in the liquidation of Bernard L. Madoff Investment Securities Inc., the reversal was important...more

Bill on Bankruptcy: Delaware to Continue Dominating Bankruptcy  [Video]

Feb. 6 (Bloomberg) -- The dominance of Delaware and New York bankruptcy courts is secure for another two years, for reasons Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle explain on their...more

Bill on Bankruptcy: Fee Agreement Puts Law Firm In Trustee's Sights [Video]

Jan. 9 (Bloomberg) -- Law firm Kaye Scholer LLP and financial advisor Capstone Advisory Group LLC are in the sights of a U.S. Trustee aiming to claw back $12 million for an undisclosed agreement to share fees awarded in...more

Bill on Bankruptcy: Big Surprises For AMR, MF Global Creditors [Video]

Dec. 19 (Bloomberg) -- Surprises about the financial condition of MF Global Holdings Ltd. and AMR Corp., the parent of American Airlines Inc., make up the first topic for discussion in the newest video by Bloomberg Law's Lee...more

Detroit's "Fiscal Cliff" and Michigan's Response

Detroit’s increasingly distressed financial condition has created a dynamic and rapidly evolving situation where the potential of a Chapter 9 filing appears to be the subject of renewed discussion and legislative attention. ...more

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

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

Lawyer: M&A Practice Is Booming & Likely to Continue [Video]

Nov. 26 (Bloomberg Law) -- Bill Lawlor, an M&A partner at Dechert LLP, tells Bloomberg Law's Lee Pacchia that the years-long drought in mergers and acquisitions activity may finally be drawing to a close. His office is seeing...more

Bill on Bankruptcy: Solyndra, Lehman, MF Global, ATP Oil, LSP Energy, Want Ads [Video]

Oct. 24 (Bloomberg Law) -- The controversial approval of the Chapter 11 plan for solar-panel maker Solyndra LLC is the first topic on this week's Bloomberg bankruptcy video. For the second item, Bloomberg Law's Lee...more

Congressman: Fix The Student Debt Crisis With Bankruptcy Reform [Video]

July 25 (Bloomberg Law) -- While economic indicators continue to worsen, US bankruptcy law still prohibits individuals from getting rid of their student debt except in the rarest of circumstances. U.S.Representative Steve...more

Are Peregrine Customers Better off with a Receiver? [Video]

July 12 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about the week's bankruptcy news and legal developments in the Peregrine and San...more

Greece's Lawyer: EU Bailout Will Cost Trillion Euros & Cyprus Is Next [Video]

June 21 (Bloomberg Law) -- Lee Buchheit, a partner at Cleary Gottlieb Steen & Hamilton LLP who represented Greece in its debt restructuring, predicts the Eurozone countries will have to double to 1 trillion Euros the money...more

Ex-Dean: I Expect Some Law Schools to Close [Video]

April 25 (Bloomberg Law) -- Former University of Nebraska and University of Houston Law School Dean Nancy Rapoport tells Bloomberg Law's Lee Pacchia that she expects some law schools to close their doors because of the...more

Harrisburg Bankruptcy Under Contention

The City Council of Harrisburg, Pennsylvania’s filed for bankruptcy on Wednesday, immediately triggering a response from Govenor Tom Corbett, who argued that the filing was illegal under state law. The city was plunged into...more

Stern Call to Prevent Major Bankruptcies

The nation's top three finance officers lobbied before the House Financial Services Committee for more stringent regulatory measures over financial markets to prevent any more major bankruptcies like Lehman Brothers. Treasury...more

Failure By Mortgage Companies To Modify Mortgages May Reawaken Bankruptcy Cramdown Legislation

According to an article in the Journal of the American Bankruptcy Institute, the failure by mortgage companies to pursue voluntary modifications of mortgages may renew the push to allow judges to modify mortgages within...more

Indiana State Police Pension Trust v. Chrysler LLC

Motion For Leave To File Brief and Brief of Washington Legal Foundation, Allied Educational Foundation, The CATO Institute, et al...

In January 2009, Chrysler stood on the brink of insolvency. Purporting to act under the Emergency Economic Stabilization Act, the Treasury extended Chrysler a $4 billion loan using funds from the Troubled Asset Relief Program...more