SquareTwo Financial honored ten of its attorneys following their swearing in last week as members of the Bar of the Supreme Court of the United States.
Clifford Chance announced Jason Myers and Mark Pesso have been named partners in the firm
The Pittsburgh Post-Gazette reported that the son and wife of former Le-Nature’s CEO Gregory J. Podlucky were sentenced to nine and four years in prison, respectively, ending the criminal cases associated with the Latrobe beverage maker’s collapse.
Legalweek.com reported that Greenberg Traurig is confirming it has talks to hire a number of Dewey & LeBoeuf attorneys. Dewey & LeBoeuf is said to be debating a pre-negotiated bankruptcy plan, the article said, citing reports at The Am Law Daily.
The Pittsburgh Tribune-Review reported the attorney for Karla Podlucky, wife of Le-Nature’s former CEO, said because of her fundamentalist Christian beliefs, she never doubted that her husband’s purchase of $33 million worth of gems and jewelry was the result of business success rather than fraud.
The Pittsburgh Post-Gazette reported that federal prosecutors asked for court approval of the seizure of nearly $1.4 million held by Ligonier’s Podlucky family, which once controlled the bankrupt bottler Le-Nature’s.
Paul Hastings announced it represented RBC Capital Markets in three transactions for ViaWest, 99
Reuters reported that a federal judge dismissed claims against Goldman Sachs, JPMorgan Chase and 40 other defendants that they helped mislead investors in General Electric’s $12.2 billion stock offering in 2008.
The Bond Buyer reported that the bid-rigging trial for three former executives at GE Funding began on Monday, April 16. Government prosecutors charged the three with fixing bids for municipal bond investment contracts between 1999 and 2006.
Bloomberg reported that accounting firm BDO Seidman settled investor claims over a $285 million loan made to Le-Nature’s before the drink maker went bankrupt in 2006, citing a court filing.