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Grant Thornton LLP has admitted Michael Imber and Jim Porter as new principals in its Corporate Advisory & Restructuring Services practice. Imber is based in New York and has recently completed a restructuring of an outdoor media company. He presently represents unsecured creditors in the Forum Health bankruptcy, and is currently serving as New York City Chapter President of the Turnaround Management Association. Porter is based in Charlotte, NC, and has a broad range of turnaround experience across a variety of industries, including manufacturing, automotive, retail and health care. He is currently working on the St. Vincent's Catholic Medical Center bankruptcy.
Lowenstein Sandler PC announced that Norman N. Kinel has joined the firm as a partner in its Bankruptcy, Financial Reorganization & Creditors' Rights Group. He will be resident in the firm's New York office. Kinel's experience includes representing debtors, creditors, bondholders, trustees and committees of creditors, equity holders and retirees. Most recently, Kinel represented the Official Committee of Unsecured Creditors in the high-profile Tavern on the Green case as well as creditors in the Lehman Brothers and Chrysler Corporation cases. He was formerly a partner at Duval & Stachenfeld LLP in New York.
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A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.