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White & Case LLP has expanded its Global Financial Restructuring and Insolvency Practice by adding Philip Abelson and David Turetsky as partners in the firm's New York office. Abelson joins White & Case from Proskauer Rose, where he represented both debtors and creditors in complex, high-profile restructurings. Turetsky was formerly a partner at Skadden, Arps, Slate, Meagher & Flom, where he developed a recognized capability representing and advising distressed companies and other interested parties in Chapter 11 cases, and out-of-court restructurings and reorganizations. The addition of Abelson and Turetsky represents the practice group's first hire of lateral partners in more than 10 years.
Rimon, P.C. has named Douglas Schneller as partner in the Restructuring Group of the firm's New York office. Schneller joins Rimon from Winston & Strawn LLP, where he was also partner. He handles a broad range of complex transactional matters involving bank finance and lending; restructuring, bankruptcy and insolvency; trade and receivable finance; par, distressed and secondary investing and trading; and general corporate matters.
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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.
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