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posted by Jason Kilborn
A fun new book applies a revealing Law & Order analysis to the multi-billion-dollar, knock-down-drag-out reorganization of Caesar s Palace. In The Caesars Palace Coup, Financial Times editor, Sujeet Indap, and Fitch news team leader, Max Frumes, open with a detailed examination of the personalities and transactions that preceded the Caesars bankruptcy case, leading to the second (and, for me, more interesting) part of the book, tracking step-by-step the harrowing negotiations, court proceedings, and examiner report that led to the ultimate reorganization.
There is so much to like in this book. Its primary strength is its Law & Order backstory, peeling back the onion of every major player, revealing how they got to where they were in their careers in big business management, high finance, or law, and revealing their thoughts and motivations as the deals and legal maneuvers played out.
AXEL Hosts Free Continuing Legal Education (CLE) Ethics Course for the Legal Industry
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AXEL will host 21 Things Lawyers Should Know About the Ethics of Lawyering Remotely in 2021, a free CLE webinar on February 23, 2021 to discuss how to meet the legal community s ethics needs, and address legal and ethical concerns of working remotely. Remote working has created a host of obvious and not-so-obvious ethical obligations for attorneys that continue to evolve. As state bars and ethics committees weigh in, attorneys need to be aware of the latest concerns and solutions.” LAS VEGAS (PRWEB) February 11, 2021 This past year has brought major challenges to businesses everywhere, managing disruptions and making adjustments both internally and externally. In particular, the legal industry has seen this the most, as law practices and legal service providers have had to make significant changes with the on
Weinstein Co. Bankruptcy Attorneys to Receive Millions More Than Victims
Gene Maddaus, provided by
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The attorneys and professionals in the Weinstein Co. bankruptcy case have received $26 million in fees thus far, considerably more than the $17.1 million that Harvey Weinstein’s victims will receive.
The legal bills are still coming in, and will likely exhaust the $3.3 million remaining in the company’s accounts, according to testimony from Robert Peck, the company’s former controller.
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The fees represent a sizable chunk of the cost of resolving the case, but have received far less attention than the payouts to other stakeholders.