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IRS Scores $13 Million Victory Against BMC Software

IRS Scores $13 Million Victory Against BMC Software by Frank L. Brunetti on October 2, 2013 The Internal Revenue Service landed a huge victory in U.S. Tax Court recently, and the ruling may have significant implications...more

Judge May Be Close to Approving AMR Bankruptcy Plan

Judge May Be Close to Approving AMR Bankruptcy Plan by Joel R. Glucksman on September 12, 2013 AMR Corp. may be permitted to proceed with its plan to exit bankruptcy protection, despite the ongoing government lawsuit...more

Judge Speeds Up Detroit’s Eligibility Hearing

Judge Speeds Up Detroit’s Eligibility Hearing by Joel R. Glucksman on September 10, 2013 Legal commentators have noted that they expect the Detroit Chapter 9 bankruptcy case to be a tedious and time-consuming process....more

Stimulus-Backed Car Charging Company Close to Bankruptcy

Stimulus-Backed Car Charging Company Close to Bankruptcy by Joel R. Glucksman on August 29, 2013 ECOtality Inc., a U.S. Energy Department-backed maker of electric car charging systems, is teetering on the brink of...more

Orrick's Derivatives in Review - August 2013

Featured in this month's edition: - "U.S. Person" Definitions Under the Final Exemptive Order and the Final Guidance, Application to Certain Foreign Branches, and Determination for Collective Investment Vehicles -...more

Bill on Bankruptcy: The Market's Unquenchable Thirst for Junk  [Video]

May 22 (Bloomberg) -- AMF Bowling Worldwide Inc. and Ahern Rentals Inc. are prime examples of the frothy market where junk-bond investors are fearless in the face of risk, as Bloomberg Law's Lee Pacchia and Bloomberg News...more

The Commercial Paper - A Banking and Financial Services Report from Phillips Lytle

In this issue: - Lending Boost Possible from Tax Credit Bills - Can an Unauthorized UCC Termination Negate My Security Interest? - Enforceability of Forebearance Agreements Against Claims of Economic...more

Enactment of HMRC’s Extra-Statutory Concession C16

HM Revenue & Customs (HMRC) has limited discretion to make concessions in relation to statutory tax provisions.  Following a recent judicial decision suggesting that this discretion was more limited than had been...more

Corporate and Financial Weekly Digest – December 16, 2011

In this issue; - SEC Staff to Release Filing Review Correspondence Earlier - SEC Limits Availability of Review for Non-Public Submissions by Foreign Private Issuers - CFTC to Hold Public Meeting to Consider...more

Considerations Relating To The Bernard Madoff Securities Fraud

Pryor Cashman Bankruptcy Partner Richard Levy, Jr. has authored a Legal Update on "Considerations Relating To The Bernard Madoff Securities Fraud." ...more

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