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Radnor Holdings: Delaware Bankruptcy Court Upholds Lenders' Actions
In the Radnor Holdings Chapter 11 case, Case No. 06-10894 (PJW) (Bankr. D. Del., November 17, 2006), the Delaware Bankruptcy Court has reinforced a secured lender's ability to take reasonable, market-tested actions to protect its position. The court overruled the objections of the official...
Read MoreA Blue-Chip Antitrust Practice With A Strong Past Looks To A Stronger Future
Editor: Would each of you tell our readers something about your background? Gifford: I have practiced antitrust law to one degree or another for about 30 years. I started my career at Donovan Leisure Newton & Irvine, where I worked on some of the most significant antitrust cases of that time...
Read MoreProskauer Rose's Florida Office: An Outstanding Past, A Bright Future
Editor: Mr. Gortz, please tell our readers something about your professional experience. Gortz: I grew up on Long Island and attended Williams College, where I graduated summa cum laude, and then Yale Law School. I joined Proskauer directly upon graduation from law school and have been here my...
Read MoreSecond Circuit: Res Judicata Does Not Bar A Plaintiff From Federal Remedies Unavailable In State Court
The United States Court of Appeals for the Second Circuit recently held that res judicata did not preclude a former employee from seeking damages under Title VII that were unavailable in her prior successful action before a state agency under Connecticut's anti-discrimination law. Nestor v. Pratt...
Read MoreQuantitative Techniques For Case Evaluation And Their Limitations
Thoughtful case evaluation is a prerequisite to any professional approach to making the critical decisions in a litigation. However, formal case evaluation should not be confused with quantitative case evaluation. The latter concept is becoming fashionable and is being pressed into service by its...
Read MoreNew Pension Act's Impact On 401(k) Plans And Other Defined Contribution Plans
On Thursday, August 17, the President signed the Pension Protection Act of 2006 ("Act"), which significantly alters the employer-sponsored retirement plan landscape by amending dozens of provisions of the Internal Revenue Code of 1986, as amended (the "Code") and the Employee Retirement Income...
Read MoreInternational Arbitration: Permitting Both Parties To Participate In A Strictly Neutral Process
Editor: Mr. Sherwin, would you tell our readers something about your professional experience? Sherwin: I graduated from Columbia Law School in 1992 and then clerked for U.S. District Judge Ann Aldrich in the Northern District of Ohio. After clerking, I came to Proskauer because of the broad range...
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