The new Dodd-Frank Act not only alters the manner in which companies will handle their own compliance and disclosure obligations; it may dramatically change the way issuers conduct internal investigations.

In contested bankruptcy cases, success in litigation ' over issues such as the enterprise value of the debtor ' can determine the success of the reorganization. Management and the board of directors should be aware of (and plan for) certain dispute-related "facts of life," long before the company files in court.

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In two recent decisions, the United States Bankruptcy Court for the Southern District of Texas clarified the subjective standards regarding a creditor's entitlement to an allowed administrative expense under ' 503(b)(3) and (4) of the Bankruptcy Code.

The concept of "impairment" under a Chapter 11 plan has evolved since the Bankruptcy Code was enacted. A noteworthy step in that development was part of a ruling by the bankruptcy court overseeing the whirlwind Chapter 11 case of Major League Baseball's Texas Rangers.

Who's doing what; who's going where.

This article discusses key considerations for firms that engage in <i>pro bono</i> work.

For a law firm's budget to be a valuable financial planning tool, the firm must keep a close eye on its ongoing performance to budget throughout the year. Several measuring tools can help a firm do that. Here is a closer look at a few of them.

This article provides a step-by-step process to ensure a smooth year-end tax planning process.