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On the Move
Pillsbury Winthrop Shaw Pittman LLP has announced that Deryck Palmer, Andrew Troop and Christopher Mirick have joined the firm's Insolvency & Restructuring practice as partners, and will be resident in the New York office. The three attorneys were previously members of Cadwalader, Wickersham & Taft, where Palmer was the Co-Chairman of the financial restructuring department and a former member of the firm's Management Committee. In addition, Palmer was a recent delegate to the UNCITRAL Working Group V (Insolvency Law) on behalf of the International Law Institute. He was also selected as one of the lead counsels to the U.S. Treasury Department in the General Motors restructuring, and represented the Detroit Public Schools in one of the most successful municipal restructurings, out of court.
Sugar Felsenthal Grais & Hammer LLP, formerly known as Sugar & Felsenthal LLP, has added name partner Aaron L. Hammer to the Chicago-based practice. Formerly a partner and coordinator of the Bankruptcy, Reorganization and Creditors' Rights Practice Group at Freeborn & Peters LLP, Hammer represents a broad base of clients including Fortune 500 companies, creditor's committees and financial institutions. Also joining the firm's expanded bankruptcy and creditors' rights practice are Mark S. Melickian as counsel and associates Michael A. Brandess and Jack R. O'Connor.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.