The NHL could claim a partial victory after a U.S. bankruptcy judge rejected bids by the league and Canadian billionaire Jim Balsillie to purchase the Phoenix Coyotes. Judge Redfield T. Baum rejected outright Balsillie’s offer to purchase the team and move it to Hamilton, Ontario, which the NHL had vehemently opposed. The judge upheld the league’s right to decide who owns its teams and where they play. Scott Drake talks with bankruptcy expertTom Littler, partner at Warnicke and Littler in Phoenix.
The NHL could claim a partial victory after a U.S. bankruptcy judge rejected bids by the league and Canadian billionaire Jim Balsillie to purchase the Phoenix Coyotes. Judge Redfield T. Baum rejected outright Balsillie’s offer to purchase the team and move it to Hamilton, Ontario, which the NHL had vehemently opposed. The judge upheld the league’s right to decide who owns its teams and where they play. Scott Drake talks with bankruptcy expertTom Littler, partner at Warnicke and Littler in Phoenix.
TotalAttorneys, a marketing association of attorneys that operates legal referral web sites, such as TotalDivorce and TotalBankruptcy , is being sued in multiple jurisdictions by Attorney Zenas Zelotes, a consumer bankruptcy attorney, based in Hartford, Connecticut and Nevada, for violation of bar referral rules that exist in every state. Zelotes talks to LBN host Scott Drake
TotalAttorneys, a marketing association of attorneys that operates legal referral web sites, such as TotalDivorce and TotalBankruptcy , is being sued in multiple jurisdictions by Attorney Zenas Zelotes, a consumer bankruptcy attorney, based in Hartford, Connecticut and Nevada, for violation of bar referral rules that exist in every state. Zelotes talks to LBN host Scott Drake.
Scott Drake interviews attorney Walter Hackett, who is representing former MLB baseball player Lenny Dykstra in his bankruptcy case.
Scott Drake interviews attorney Walter Hackett, who is representing former MLB baseball player Lenny Dykstra in his bankruptcy case.
A federal judge ruled that Canadian businessman Jim Balsillie can't buy the the Phoenix Coyotes out of bankruptcy court and move the team to Canada without permission from the National Hockey League and other league owners. Sports Illustrated's Law expert Michael McCann discusses the ruling with LBN host Scott Drake
A federal judge ruled that Canadian businessman Jim Balsillie can't buy the the Phoenix Coyotes out of bankruptcy court and move the team to Canada without permission from the National Hockey League and other league owners. Sports Illustrated's Law expert Michael McCann discusses the ruling with LBN host Scott Drake
Sheppard and Mullin's restructur
ing and bankruptcy expert Ed Tillinghast comments on the GM bankruptcy
Sheppard and Mullin's restructuring and bankruptcy expert Ed Tillinghast comments on the GM bankruptcy
Real estate expert and financial commentator James Ponte (ponteteam.com) discusses the mortgage crisis. Historically he compares the current economic environment to past periods and draws conclusions on what the future may hold and how to avoid the "bubble then bust" mentality
Real estate expert and financial commentator James Ponte (ponteteam.com) discusses the mortgage crisis. Historically he compares the current economic environment to past periods and draws conclusions on what the future may hold and how to avoid the "bubble then bust" mentality.
The Wall Street Journal's Nathan Koppel writes: "Corporate law firms are facing a boom in bankruptcy work but the rising demand in services has the firms fighting to hold on to their bankruptcy attorneys.
To claim a share of the lucrative bankruptcy market, firms need a stable of restructuring partners with loyal client followings and big-case experience. It costs more for firms to both retain that kind of talent or to hire such lawyers on the open market. Hiring activity is particularly frenzied in New York City and Wilmington, Del., the primary venues for corporate bankruptcy filings."
Scott Drake talks with Nathan Koppel
The Wall Street Journal's Nathan Koppel writes: "Corporate law firms are facing a boom in bankruptcy work but the rising demand in services has the firms fighting to hold on to their bankruptcy attorneys.
To claim a share of the lucrative bankruptcy market, firms need a stable of restructuring partners with loyal client followings and big-case experience. It costs more for firms to both retain that kind of talent or to hire such lawyers on the open market. Hiring activity is particularly frenzied in New York City and Wilmington, Del., the primary venues for corporate bankruptcy filings."
Scott Drake talks with Nathan Koppel
Could it be? Has the era of greed that began with the election of Ronald Reagan come to an abrupt end? Peter Cohan says, “It appears the seething emotions of greed and envy that come along with bonus time at investment banks will now have fewer dollars attached to them.Talent will now flow to government and academia rather than Wall Street. This could be good for the U.S.!”Cohan says some of the ‘masters of the universe’ in the investment banking industry have seen the value of their stock tumble and many of them are going withoutbonuses this year. For a great discussion on who’s suffering now and what’s coming next to Wall Street Cohan owns a management consulting and venture capital firm and teaches strategy at Babson College. He is a frequent commentator on developments in economics, technology,and finance and has appeared on ABC’s Good Morning America, CNN, CNBC, PBS’s Wall \$treet Week, and New England Cable News (NECN)
Scott Drake talks with Peter Cohan
Could it be? Has the era of greed that began with the election of Ronald Reagan come to an abrupt end? Peter Cohan says, “It appears the seething emotions of greed and envy that come along with bonus time at investment banks will now have fewer dollars attached to them.Talent will now flow to government and academia rather than Wall Street. This could be good for the U.S.!”Cohan says some of the ‘masters of the universe’ in the investment banking industry have seen the value of their stock tumble and many of them are going withoutbonuses this year. For a great discussion on who’s suffering now and what’s coming next to Wall Street Cohan owns a management consulting and venture capital firm and teaches strategy at Babson College. He is a frequent commentator on developments in economics, technology,and finance and has appeared on ABC’s Good Morning America, CNN, CNBC, PBS’s Wall \$treet Week, and New England Cable News (NECN)
Scott Drake talks with Peter Cohan
Paul Leonard Director of the California Center for Responsible Lending discusses Citibank's endorsement of a measure in a bill before the US Senate that would allow bankruptcy judges to modify home mortgages.
Lenders have always been against this but disasterous housing market has given Citibank a reason to reconsider.
We'll be watching if other lenders follow their lead. Scott Drake interviews Paul Leonard
Paul Leonard Director of the California Center for Responsible Lending discusses Citibank's endorsement of a measure in a bill before the US Senate that would allow bankruptcy judges to modify home mortgages.
Lenders have always been against this but disasterous housing market has given Citibank a reason to reconsider.
We'll be watching if other lenders follow their lead. Scott Drake interviews Paul Leonard