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Acquisition of Versace minority stake continues luxury fashion trend

Mar 3, 2014 By: Michael Glasser

Gianni Versace SPA, the high-end Italian fashion company, announced plans to sell a 20 percent stake in the company to U.S. private equity firm Blackstone Group for a combination of cash and stock.

California men, lawyer bilked movie investors of $1.8 million, SEC says (C.D.Cal.)

Feb 25, 2014 By: Nick Gardner

A California lawyer took in $300,000 in “legal expenses” as part of a motion picture finance scheme that defrauded dozens of investors of $1.8 million, according to a Securities and Exchange Commission lawsuit filed in Los Angeles federal court.

Companies update 10-K risk factors with conflict minerals disclosures

Feb 21, 2014 By: Cory Hester

When preparing a risk factor disclosure for an annual report on Form 10-K, issuers pay particular attention to new developments and regulations that may materially affect the company

Missing engagement rings thwart confirmation of Chapter 13 plan

Feb 21, 2014 By: Michael Nordskog

(Editor’s Note: This post is an excerpt from an article appearing in Practitioner Insights on WestlawNext) A debtor whose ex-fiancee absconded with the

TWC stockholder alleges antitrust hurdles will block Comcast deal

Feb 20, 2014 By: Michael Glasser

A stockholder of Time Warner Cable Inc. has filed a lawsuit against Time Warner, certain of its officers and directors, Comcast Corp. and its merger subsidiary in response to Comcast’s proposed $45.2 billion acquisition of the cable company.

Judge cuts four claims from Ritz Camera trustee’s suit against Canon (Bkrtcy.D.Del.)

Feb 14, 2014 By: Lisa Uhlman

Ritz Camera & Image LLC’s bankruptcy trustee was dealt a blow when a Delaware bankruptcy judge ruled four of his claims against camera maker Canon U.S.A. Inc. did not survive a motion to dismiss.

Indirect purchasers, end payors denied class certification in Skelaxin

Feb 5, 2014 By: Elizabeth T. Brown

The indirect-purchaser and the end-payor plaintiffs in the Skelaxin multidistrict antitrust litigation have lost their bid for class certification.

Judge boots attorney out of Texas bankruptcy court for two years

Jan 15, 2014 By: Keith Harris

“Exceedingly disturbing” actions taken by an attorney in connection with a couple’s Chapter 7 case while he was under a law license suspension has led a Texas bankruptcy judge to bar the lawyer from practicing before the court for at least two years.

UBS ordered to produce loan review documents in mortgage securities suit (S.D.N.Y.)

Jan 9, 2014 By: Brett Goncher

A federal judge has ordered UBS to hand over a “due diligence” mortgage analysis that the Swiss bank commissioned after investors demanded it repurchase allegedly defective loans that were packaged into trusts and sold as securities.

Bankrupt day trader can’t escape $100,000 loan debt owed to ex-lover (Bkrtcy.D.Or.)

Dec 19, 2013 By: Michael Nordskog

(Editor’s Note: This post is an excerpt from an article appearing in Practitioner Insights on Westlaw Next) A Chapter 7 debtor is

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