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The Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005: The Impact On Chapter 11 Reorganization - Part I
Editor's Note: Part II of this article will appear in the June issue of The Metropolitan Corporate Counsel. Introduction On October 17, 2005 (the "Effective Date") the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (the "Act") went into effect.1 Although the majority of the...
Read MoreThe SEC Shines First Light On A Penalty Policy
The post-Enron world of enforcement litigation by the Securities and Exchange Commission has witnessed eye-popping penalties agreed to by public companies settling civil charges of financial fraud. Among the notable examples are a $750 million penalty in the SEC's settlement of its financial fraud...
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