Top Insolvency & Restructuring Trio Joins Pillsbury
NEW YORK--(BUSINESS WIRE)--Top bankruptcy lawyers join Pillsbury's Insolvency & Restructuring practice, expanding firm's reach in the municipal, retail, healthcare, automotive, real estate, tax, litigation and finance sectors.

Official: Bankruptcy possible for Pa. capital
The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania's capital city said in a proposed recovery plan released Monday that "significant and difficult" steps lie ahead, and Harrisburg may end up seeking bankruptcy protection.

Tiny Shred of Bankrupt WaMu Emerging to Uncertain Future
Nearly three and a half years ago Washington Mutual went bankrupt, dragged down by its shoddy lending practices and fleeing depositors. After regulators seized its banking operations, few thought WaMu had much future -- except as an employment project for bankruptcy lawyers.

American Airlines reassures workers on pensions
American Airlines is trying to reassure employees that most of them will get full pensions even if the company terminates its retirement plans in bankruptcy.In a letter to employees Monday, a top American ...

Federal Judge Joins Former Partners to Launch New Litigation Boutique
NEW YORK--(BUSINESS WIRE)--The Hon. Richard J. Holwell, the Southern District of New York judge who recently presided over the insider trading trial of Galleon Group founder Raj Rajaratnam, has announced his departure from the federal judiciary to open a boutique litigation firm alongside two prominent New York-based trial lawyers. At the new firm—which will be known as Holwell Shuster ...

Hometownstations.com-WLIO- Lima, OH News Weather SportsOfficial: Bankruptcy possible for Pa. capital
HARRISBURG, Pa. (AP) - The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania's capital city said in a proposed recovery plan released Monday that there were "significant and difficult" steps ahead, and Harrisburg may end up seeking bankruptcy protection.

Lehman Fees to Marsal Firm Top $500 Million in 39½ Months
Lehman Brothers Holdings Inc.’s fees to restructuring firm Alvarez & Marsal LLC have topped half a billion dollars in 39 1/2 months, according to a court filing.

Thompson Hine’s Alan R. Lepene To Be Inducted Into American College of Bankruptcy
Thompson Hine is pleased to announce that Alan R. Lepene was selected to become a Fellow of the American College of Bankruptcy, one of the premier legal associations in the United

American Airlines employees facing bankruptcy ups, downs
Jan. 20-- American Airlines' employees received good and bad news on Thursday. On one hand, the Transport Workers Union hired one of the nation's top investment banking firms to represent it in the bankruptcy case of American's parent, AMR Corp.

Official says bankruptcy a possibility for Harrisburg
HARRISBURG, Pa.— The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania’s capital city said in a proposed recovery plan released Monday that “significant and difficult” steps lie ahead, and Harrisburg may end up seeking bankruptcy protection. Receiver David Unkovic, appointed by Gov. Tom Corbett in November, said he [...]