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October 2010
28 Oct 2010
Second liens are to be seen and not heard, at least according to first lien lenders. Yet second lien lenders are piping up more frequently in bankruptcy court and in some cases...
22 Oct 2010
Director indemnification has undergone trial by fire, as seen in the recent Mozilo settlement and Stanford trial. D&O indemnification clauses, often regarded as boilerplate in both bylaws and deal documents, are now…
22 Oct 2010
Westlaw Business Currents Editor-In-Chief Ely Razin speaks to Reuters Insider about SEC regulating ABS market...
19 Oct 2010
Hostile takeovers are on the rise, and litigation is a keystone of both antitakeover defense and offense. Recent hostile moves at Airgas, Genzyme and Potash Corp. spotlight the ways a target’s board can...
15 Oct 2010
Who needs new homes when builders can create distressed asset portfolios instead? Players like Pulte/Centex, Lennar and Toll Brothers are all showcasing their talents with balance sheets…
7 Oct 2010
With big M&A can come big change of control payments to executives who, in the minds of some, may not exactly deserve it. With attempted takeovers from Lion’s Gate to Potash Corp...
1 Oct 2010
The Business Roundtable and the U.S. Chamber of Commerce have filed suit against the SEC over new proxy rules which allow shareholders to submit director nominees to corporate boards…