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Robert A. Wolf has joined the New York firm of Tarter Krinsky & Drogin LLP as a partner in the Bankruptcy and Financial Restructuring Group. Wolf is experienced in all aspects of bankruptcy, real estate and commercial litigation, but has a particular concentration in litigation involving fraudulent transfers and breaches of fiduciary duty on the part of corporate officers and directors, and litigation affecting loan problems. He was formerly a partner at Squire Sanders.'
Patton Boggs LLP announced that Daniel C. Stewart has joined the firm's bankruptcy and restructuring team in Dallas. He was previously a partner in the Dallas office of Vinson & Elkins and founder of that firm's Restructuring and Reorganization practice in 1999. Stewart's practice spans all aspects of debtor/creditor relationships. His major creditor representations have included agent bank, bank group, and creditor committee work. His borrower representations have included major out-of-court restructurings of public and private corporations and significant Chapter 11 debtor cases and trustee representation. He has also served as Bankruptcy Trustee in numerous Chapter 7 and Chapter 11 cases.'
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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 federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.