Blank Rome added Debra P. Goldberg as a partner in the Financial Services group. For 25 years, she has concentrated her practice in the areas of commercial finance, structured finance and equipment leasing and finance, focusing on complex aircraft financing and leasing transactions.
Bloomberg reported that a former CitiMortgage vice president won a $31 million reward out of a $158.3 million settlement paid by Citigroup for violating U.S. mortgage regulations.
Law firm JSBarkats announced the addition of Andrew P. Lederman, Esq., to its New York office as the chair of its Bankruptcy and Creditors’ Rights department.
The Minneapolis Star Tribune reported that GE Capital agreed to repay $19 million in interest and principal it received from the $3.65 billion Ponzi scheme orchestrated by Tom Petters.
A former home appraisal manager, who blew the whistle on widespread fraud at Countrywide Financial, received $14.5 million as a reward for his role in providing inside information that led to a $1 billion settlement between BofA and the U.S. government.
Proskauer announced the hiring in London of a team of restructuring and insolvency lawyers led by partners Mark Fennessy and Hazel Miller, who join from Dewey & LeBoeuf, where Fennessy headed the European Restructuring Practice.
Four Philadelphia-area lawyers announced the launch of Royer Cooper Cohen Braunfeld in response to accelerating client focus on attorneys who think and act like entrepreneurs and business people.
Saul Ewing announced the addition of attorney Maria Ellena Chavez-Ruark as a partner in the firm
Legal practice Squire Sanders has boosted its asset-based lending (ABL) practice with the promotion of London-based senior associate Gareth Timms to its global partnership.
Howard Steinberg has joined Greenberg Traurig in the Los Angeles office as a shareholder in the Business Reorganization & Financial Restructurings practice. Steinberg joins from Irell & Manella where he was a partner.