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28 May 2007, 2:22 pm
Furlong, THE COMPLEX INTERSECTION OF DIVORCE AND BANKRUPTCY IN THE 21ST CENTURY, 16 J. [read post]
15 May 2007, 1:57 pm
And there's more: "Another sign that the biggest law firms are getting squeezed financially is that they are borrowing more money. [read post]
9 May 2007, 9:37 am
and I'm sure it is a lucky break for Cravath--Rich has as good a skill set as you could want to move into a role as a senior financial strategist for corporate debtors in trouble, and how can you argue with someone who wrote large chunks of the current Bankruptcy Code? [read post]
7 May 2007, 7:25 am
[Previous months in review available here: March 07, Feb 07, Jan 07; Dec 06,]   With the spectacular implosion of subprime lender New Century, Breaking the bank: New Century files bankruptcy, I devoted a lot of pixels to the subprime problem, starting with a primer, Subprime lending: the dramatis personae and offering some gratuitous advice in What's a delinquent borrower to do? [read post]
25 Apr 2007, 7:17 am
New Century Financial Corp., ACC Capital Holdings, and NovaStar Mortgage, Inc. are all reeling from their reckless and avaricious ways. [read post]
14 Apr 2007, 11:02 am
  I wonder what is going to happen to all the law firms that helped destroy companies such as New Century Financial, NovaStar, Accredited Home Lenders, IndyMac Bancorp, etc.? [read post]
12 Apr 2007, 7:50 am
  Meanwhile, what tipped New Century into the soup was this cheery announcement only a week before:   Federal prosecutors and securities regulators are investigating stock sales and accounting errors at the New Century Financial Corporation, the biggest mortgage company that specializes in lending to people with weak, or subprime, credit, the company disclosed in a corporate filing yesterday. [read post]
12 Apr 2007, 1:03 am
The Recorder Reed Smith has taken on three new Southern California corporate lawyers, the firm announced Monday. [read post]
4 Apr 2007, 7:26 am
  With publicly traded corporations who issue these subprime mortgages filing for bankruptcy (such as New Century Capital Corporation) shareholders in these corporations are suffering huge losses on their investments, causing a decline in their personal investment portfolios. [read post]
3 Apr 2007, 9:04 am
New York City has already withdrawn the proposal after reaching agreements with Armor Holdings, Cleveland-Cliffs, First Horizon National, LandAmerica Financial, and Skywest. [read post]
3 Apr 2007, 7:17 am
  Once a highflier in the booming market for making risky mortgage loans, the New Century Financial Corporation filed for bankruptcy court protection today. [read post]
29 Mar 2007, 8:56 pm
This list of so-called "Foreign Terrorist Organizations" was not restricted to Palestinian (or even Arab or Islamic) organizations and political movements - indeed, it has come to include such diverse examples of resistance to imperialism as the Communist Party of the Philippines and its associated New People's Army and the Revolutionary Armed Forces of Colombia. [read post]
27 Mar 2007, 8:06 am
  With the spectacular collapse of the nation's largest subprime lender, New Century Financial, the financial markets are jittery:   New Century is the center of speculation about the fallout from the subprime market in part because it is one of the nation's largest subprime lenders, with an estimated $52 billion in subprime loans last year. [read post]
26 Mar 2007, 7:42 am
  Meanwhile, what tipped New Century into the soup was this cheery announcement only a week before:   Federal prosecutors and securities regulators are investigating stock sales and accounting errors at the New Century Financial Corporation, the biggest mortgage company that specializes in lending to people with weak, or subprime, credit, the company disclosed in a corporate filing yesterday. [read post]
22 Mar 2007, 1:36 am
Wood was the first federal judge to be killed in the 20th century. [read post]
20 Mar 2007, 1:08 am
Fort discusses how the increasing costs of producing electronically stored information have the potential to bring less-resourced parties to their knees -- and how even larger corporate parties, fearing sanctions, are feeling the pinch of new financial burdens. Visit the Litigation Practice Center • SUBSCRIPTION REQUIRED Law.com ® 10 United Nations Plaza, 3rd Floor, San Francisco, CA 94102 (800) 903-9872. ALM Privacy Policy /… [read post]
19 Mar 2007, 3:55 pm
"This may require new jury instruction, and I don't think the ultimate impact will change," Peck said. [read post]
14 Mar 2007, 6:45 pm
  Return on investment may include non-financial measures. [read post]