http://www.bloomberg.com/feed/podcast/law.xml en-us 2013 Bloomberg LP Host June Grasso examines the major legal issues affecting business. Bloomberg News Host June Grasso examines the major legal issues affecting business. Host June Grasso examines the major legal issues affecting business. Hosted by June Grasso Bloomberg LP webteambloomberg@gmail.com no Bloomberg News Bergman on Effects of Monsanto Soybean Patent Case May 16 (Bloomberg) -- Patent attorney Jeffrey Bergman, a partner at Osha Liang LLP, discusses Supreme Court arguments on how patent rules apply to self-replicating technologies. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vYZiNUseXFRo.mp3 http://media.bloomberg.com/bb/avfile/vYZiNUseXFRo.mp3 Thu, 16 May 2013 20:00:37 -0400 06:32 bloomberg,news,finance,business,economy,investing Bloomberg News Fordham’s Cohen on Border Searches of Electronics May 16 (Bloomberg) -- James Cohen, a professor at Fordham University School of Law, discusses the 9th U.S. Circuit Court of Appeals decision adopting special rules for searches of electronic devices at borders. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vzjgYvw1TH2Y.mp3 http://media.bloomberg.com/bb/avfile/vzjgYvw1TH2Y.mp3 Thu, 16 May 2013 19:30:19 -0400 06:15 bloomberg,news,finance,business,economy,investing Bloomberg News Cox on Court Ruling UBS Owes Nothing to Tax Cheats May 16 (Bloomberg) -- James Cox, a professor of securities law at Duke University, discusses the sharply worded opinion of Judge Richard A. Posner of the U.S. Court of Appeals for the Seventh Circuit, throwing out a proposed class action against UBS AG. The class action alleged that the bank failed to inform account holders that they should report Swiss bank accounts to U.S. tax authorities. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vD9xkogIlcek.mp3 http://media.bloomberg.com/bb/avfile/vD9xkogIlcek.mp3 Thu, 16 May 2013 19:22:46 -0400 06:48 bloomberg,news,finance,business,economy,investing Bloomberg News Heim on Heinz Deal Trading Anomalies Probed April 28 (Bloomberg) -- Securities attorney Robert Heim, a partner at Meyers & Heim LLP and a former assistant regional director of the U.S. Securities and Exchange Commission in New York City, discusses trading anomalies before the announcement of a deal involving the purchase of H.J. Heinz Co. He speaks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v2D1FbLsqAkI.mp3 http://media.bloomberg.com/bb/avfile/v2D1FbLsqAkI.mp3 Sun, 28 Apr 2013 20:47:56 -0400 06:30 bloomberg,news,finance,business,economy,investing Bloomberg News NYU’s Boland on New Jersey Sports Gambling Law April 11 (Bloomberg) -- Robert Boland, a sports attorney and a clinical associate professor at New York University's Preston Robert Tisch Center for Hospitality, Tourism and Sports Management, discusses a federal judge throwing out a law to legalize sports gambling in New Jersey. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v28Rj3.PkGLE.mp3 http://media.bloomberg.com/bb/avfile/v28Rj3.PkGLE.mp3 Thu, 11 Apr 2013 20:42:52 -0400 06:03 bloomberg,news,finance,business,economy,investing Bloomberg News Russell on High Court Arguments on Prop 8 April. 9 (Bloomberg) -- Constitutional law professor Margaret Russell of the Santa Clara University School of Law, discusses the U.S. Supreme Court's oral arguments in the case challenging California's voter-approved ban on same-sex marriages, Proposition 8. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vLUmmFwh4ngU.mp3 http://media.bloomberg.com/bb/avfile/vLUmmFwh4ngU.mp3 Tue, 09 Apr 2013 20:10:15 -0400 06:28 bloomberg,news,finance,business,economy,investing Bloomberg News Sloss on C.I.A. Must Disclose Drone Data to Judge April. 9 (Bloomberg) -- Professor David Sloss of the Santa Clara University School of Law, discusses a federal appellate court opinion requiring the Central Intelligence Agency to disclose to a judge, a description of its records on drone strikes. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vsfAREOghgfg.mp3 http://media.bloomberg.com/bb/avfile/vsfAREOghgfg.mp3 Tue, 09 Apr 2013 17:37:21 -0400 05:54 bloomberg,news,finance,business,economy,investing Bloomberg News Ochoa on Tiffany Lawsuit Against Costco Over Rings April. 9 (Bloomberg) -- Tyler Ochoa, a professor of copyright law at the Santa Clara University School of Law, discusses Tiffany & Co.'s suit against Costco Wholesale Corp. for allegedly selling diamond engagement rings and falsely claiming they were made by Tiffany. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vuvOyIadj2EY.mp3 http://media.bloomberg.com/bb/avfile/vuvOyIadj2EY.mp3 Tue, 09 Apr 2013 13:34:38 -0400 08:11 bloomberg,news,finance,business,economy,investing Bloomberg News Tobias Discusses Vacancies on the Federal Benc March 13 (Bloomberg) -- Professor Carl Tobias of the University of Richmond School of Law, discusses the high number of vacancies on federal district and appellate courts, some of which have been designated as "judicial emergencies." He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vv712H97Tih8.mp3 http://media.bloomberg.com/bb/avfile/vv712H97Tih8.mp3 Wed, 13 Mar 2013 18:46:31 -0400 06:41 bloomberg,news,finance,business,economy,investing Bloomberg News Callan on the Murder Case Against Oscar Pistorius March 13 (Bloomberg) -- White collar criminal defense attorney and former prosecutor Paul Callan, a partner at Callan, Koster, Brady & Brennan LLP, discusses the evidence in the murder case of double amputee track star Oscar Pistorius and the stakes for the South African legal system. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vGlx2uygmh4g.mp3 http://media.bloomberg.com/bb/avfile/vGlx2uygmh4g.mp3 Wed, 13 Mar 2013 17:14:11 -0400 08:02 bloomberg,news,finance,business,economy,investing Bloomberg News Tecce on High Court Ruling on Dog’s Sniff of Car March 8 (Bloomberg) -- Frederick Tecce, a former federal prosecutor and a patent attorney at Panitch Schwarze Belisario & Nadel, discusses the U.S. Supreme Court's ruling that police officers can search someone's car after a trained dog sniffs outside the vehicle and alerts to the presence of drugs. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vcLRD7QBIC3A.mp3 http://media.bloomberg.com/bb/avfile/vcLRD7QBIC3A.mp3 Fri, 08 Mar 2013 20:30:52 -0500 06:38 bloomberg,news,finance,business,economy,investing Bloomberg News Bloomberg Law’s Hamburger on Immigration Reform Feb. 26 (Bloomberg) -- Bloomberg Law legal analyst Emily Hamburger discusses proposals for immigration reform, obstacles and the possibilities for immigrants. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vpcMQ1hTg1T0.mp3 http://media.bloomberg.com/bb/avfile/vpcMQ1hTg1T0.mp3 Tue, 26 Feb 2013 03:10:05 -0500 06:36 bloomberg,news,finance,business,economy,investing Bloomberg News Newhouse on Drunk Driving Case Before Supreme Court Feb. 7 (Bloomberg) -- George Newhouse, a partner at Brown White & Newhouse and a former California federal prosecutor, discusses Supreme Court oral arguments in a case that considers whether to set aside the search warrant requirement so police can force a suspected drunk driver to submit to a blood test. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vKST32KIhmrs.mp3 http://media.bloomberg.com/bb/avfile/vKST32KIhmrs.mp3 Thu, 07 Feb 2013 20:37:34 -0500 11:33 bloomberg,news,finance,business,economy,investing Bloomberg News Heller on Patents Protecting `Look' of Electronics Feb. 7 (Bloomberg) -- William Heller, an intellectual property lawyer, discusses how patents protect the unique look of consumer electronics, such as smart phones. The success of Apple Inc.'s iPhone in litigation is an example. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vwNaZBvCLbLE.mp3 http://media.bloomberg.com/bb/avfile/vwNaZBvCLbLE.mp3 Thu, 07 Feb 2013 20:29:07 -0500 05:55 bloomberg,news,finance,business,economy,investing Bloomberg News Elwood on John Roberts Chiding Solicitor General Feb. 3 (Bloomberg) -- John Elwood, a partner at Vinson & Elkins LLP and a former assistant solicitor general, discusses Chief Justice John Roberts criticizing the U.S. Office of the Solicitor General for changing positions on issues before the Supreme Court. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vj4725suFzjo.mp3 http://media.bloomberg.com/bb/avfile/vj4725suFzjo.mp3 Sun, 03 Feb 2013 21:54:57 -0500 06:36 bloomberg,news,finance,business,economy,investing Bloomberg News Bonham on Actor Hank Azaria Suit Over Voice Rights Jan. 28 (Bloomberg) -- Louis Bonham, an intellectual property attorney at Osha Liang LLP, discusses Hank Azaria's lawsuit against fellow actor, Craig Bierko, to keep ownership of a baseball announcer character, Jim Brockmire. Azaria, famous for his voices on "The Simpsons," alleges that Bierko is claiming some credit for coming up with the voice. Bonham talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v6_m9G7DskAc.mp3 http://media.bloomberg.com/bb/avfile/v6_m9G7DskAc.mp3 Sun, 27 Jan 2013 23:58:32 -0500 05:53 bloomberg,news,finance,business,economy,investing Bloomberg News Grundfest on Record Insider Scheme Charged Jan. 18 (Bloomberg) -- Professor Joseph Grundfest of Stanford Law School, a former commissioner of the Securities and Exchange Commission, discusses the insider trading case against ex-SAC portfolio manager Matthew Martoma. He also reviews the tenure of Mary Schapiro, former chairman of the Securities and Exchange Commission. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v45xNV6oRjgk.mp3 http://media.bloomberg.com/bb/avfile/v45xNV6oRjgk.mp3 Fri, 18 Jan 2013 20:08:48 -0500 11:19 bloomberg,news,finance,business,economy,investing Bloomberg News Bayton Discusses Sports Intellectual Property Plays Jan. 17 (Bloomberg) -- Emily Bayton, a partner at Lewis and Rocca LLP, discusses intellectual property issues in the sports area including sponsorships, merchandising, domain names, licensing, broadcast rights and brand identity. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vpWEF9rMwVHE.mp3 http://media.bloomberg.com/bb/avfile/vpWEF9rMwVHE.mp3 Thu, 17 Jan 2013 21:03:24 -0500 16:22 bloomberg,news,finance,business,economy,investing Bloomberg News Kmiec on International Custody Case at High Court Jan. 17 (Bloomberg) -- Professor Douglas Kmiec of the Pepperdine University School of Law and a former ambassador to Malta, discusses the difficulties in resolving an international child custody battle between a U.S. Army soldier and a Scottish woman. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vFksjEYKRN.8.mp3 http://media.bloomberg.com/bb/avfile/vFksjEYKRN.8.mp3 Thu, 17 Jan 2013 19:26:43 -0500 11:28 bloomberg,news,finance,business,economy,investing Bloomberg News Fordham’s Scafidi on High Court `Gray Market' Case Jan. 13 (Bloomberg) -- Susan Scafidi, a professor of law at Fordham University Law School, discusses Supreme Court oral arguments on whether U.S. copyright holders can stop the resale in the U.S. of copyrighted items made abroad. The Court's decision may affect the so-called "gray market" in which retailers acquire imported goods through unauthorized channels to exploit the lower prices manufacturers may charge abroad. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v2Cbqj56I3wA.mp3 http://media.bloomberg.com/bb/avfile/v2Cbqj56I3wA.mp3 Sun, 13 Jan 2013 19:10:50 -0500 06:44 bloomberg,news,finance,business,economy,investing Bloomberg News Robert Mintz Discusses Rajat Gupta Free Pending App Jan. 7 (Bloomberg) -- White collar criminal defense attorney, Robert Mintz, a partner at McCarter & English LLP, discusses why the Second Circuit Court of Appeals decided to allow Rajat Gupta, the former Goldman Sachs Group Inc. director, to remain out on bail, pending the appeal of his conviction for insider trading. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vjC1Yd0ag8SI.mp3 http://media.bloomberg.com/bb/avfile/vjC1Yd0ag8SI.mp3 Mon, 07 Jan 2013 01:17:33 -0500 05:48 bloomberg,news,finance,business,economy,investing Bloomberg News Bloomberg Law’s Hamburger on Youth Movement in Cong Jan. 7 (Bloomberg) -- Bloomberg Law's Emily Hamburger discusses the 113th Congress, which will be the first with more members that were born in the 1980's than in the 1920's. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vrTwx8lyRwJU.mp3 http://media.bloomberg.com/bb/avfile/vrTwx8lyRwJU.mp3 Mon, 07 Jan 2013 00:10:20 -0500 05:21 bloomberg,news,finance,business,economy,investing Bloomberg News Ross on Faulkner Estate Suit Over Woody Allen Film Jan. 6 (Bloomberg) -- Intellectual property attorney Terrence Ross, a partner at Crowell & Moring LLP, discusses the copyright suit by the estate of William Faulkner against filmmaker Woody Allen and Sony Pictures Classics, over 10 words in Allen's film "Midnight in Paris," which were paraphrased and attributed to Faulkner. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vjQSQVDnte1s.mp3 http://media.bloomberg.com/bb/avfile/vjQSQVDnte1s.mp3 Sun, 06 Jan 2013 20:00:05 -0500 08:05 bloomberg,news,finance,business,economy,investing Bloomberg News Howe on Supreme Court Changes in Second Obama Term Jan. 3 (Bloomberg) -- Amy Howe, the editor of SCOTUSblog and a partner at Goldstein & Russell PC, discusses whether President Barack Obama will be able to make changes in the ideological makeup of the Supreme Court in his second term and whether his imprint will be on left on the federal courts. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vbB6u83UZmno.mp3 http://media.bloomberg.com/bb/avfile/vbB6u83UZmno.mp3 Thu, 03 Jan 2013 19:56:15 -0500 06:32 bloomberg,news,finance,business,economy,investing Bloomberg News Newhouse on High Court Case on Drug-Sniffing Dogs Dec. 28 (Bloomberg) -- George Newhouse, a partner at Brown White & Newhouse and a former California federal prosecutor, discusses Supreme Court oral arguments in two cases involving two drug-sniffing police dogs in Florida. The Justices questioned what limits should apply to police dogs trained to detect illegal drugs. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vy6LbfMtI9QM.mp3 http://media.bloomberg.com/bb/avfile/vy6LbfMtI9QM.mp3 Fri, 28 Dec 2012 13:25:17 -0500 11:27 bloomberg,news,finance,business,economy,investing Bloomberg News Heller on Google Trademark Infringement Case Dec. 16 (Bloomberg) -- William Heller, an intellectual property lawyer, discusses a California district court rejecting Google's motion to dismiss a lawsuit against it for trademark infringement on AdWords. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v_mq1pP89pPM.mp3 http://media.bloomberg.com/bb/avfile/v_mq1pP89pPM.mp3 Sun, 16 Dec 2012 21:10:41 -0500 08:14 bloomberg,news,finance,business,economy,investing Bloomberg News Mark Rifkin on Class Action Lawsuits Dec. 1 (Bloomberg) -- Mark Rifkin, a securities and class action attorney at Wolf, Haldenstein, Adler, Freeman & Herz LLP, discusses the status of class action lawsuits and the certification of a class action gender bias case against Costco Wholesale Corp. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vPZ080VtN6mI.mp3 http://media.bloomberg.com/bb/avfile/vPZ080VtN6mI.mp3 Sat, 01 Dec 2012 21:00:36 -0500 14:22 bloomberg,news,finance,business,economy,investing Bloomberg News Warren on Alaskan Town’s Climate Change Lawsuit Oct. 21 (Bloomberg) -- Charles Warren, a former regional administrator with the U.S. Environmental Protection Agency and a partner at Kramer Levin LLP, discusses an Alaskan village's suit against some of the world's biggest energy companies, alleging that greenhouse gas emissions caused the erosion of its coastline. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vOAghSlglxv0.mp3 http://media.bloomberg.com/bb/avfile/vOAghSlglxv0.mp3 Mon, 22 Oct 2012 20:13:19 -0400 11:25 bloomberg,news,finance,business,economy,investing Bloomberg News UCLA’s Sander on High Court Affirmative Action Case Oct. 21 (Bloomberg) -- Professor Richard Sander of the UCLA School of Law, discusses oral arguments at the Supreme Court over affirmative action in college admissions. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/voDFMrS4YWtg.mp3 http://media.bloomberg.com/bb/avfile/voDFMrS4YWtg.mp3 Mon, 22 Oct 2012 19:59:02 -0400 06:41 bloomberg,news,finance,business,economy,investing Bloomberg News Cramer on Letters Supporting Rajat Gupta Oct. 19 (Bloomberg) -- Former federal prosecutor Jeffrey Cramer, director of Kroll Advisory Solution's Chicago office, discusses the letters sent by prominent people such as Microsoft Chairman Bill Gates, urging mercy for former Goldman Sachs Group Inc. director Rajat Gupta at his sentencing. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vADw7OHv8rG0.mp3 http://media.bloomberg.com/bb/avfile/vADw7OHv8rG0.mp3 Fri, 19 Oct 2012 19:46:34 -0400 08:26 bloomberg,news,finance,business,economy,investing Bloomberg News Hasen on Voting Rights Battles Since 2000 Oct. 19 (Bloomberg) -- Rick Hasen, a professor at the University of California, Irvine School of Law, is the author of a new book, "The Voting Wars: From Florida 2000 to the Next Election Meltdown." He discusses the battles over election rules from 2000 to the present with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vHZjTkW.jdVU.mp3 http://media.bloomberg.com/bb/avfile/vHZjTkW.jdVU.mp3 Fri, 19 Oct 2012 18:43:45 -0400 08:12 bloomberg,news,finance,business,economy,investing Bloomberg News Stoltmann on Unique Condition for FTC Settlement Oct. 17 (Bloomberg) -- Andrew Stoltmann, a securities attorney at Stoltmann Law Offices, discusses a federal judge requiring the Federal Trade Commission to create a webpage for the public before she will approve a settlement. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vuz6s5F_o1OA.mp3 http://media.bloomberg.com/bb/avfile/vuz6s5F_o1OA.mp3 Wed, 17 Oct 2012 19:19:34 -0400 06:35 bloomberg,news,finance,business,economy,investing Bloomberg News Tecce on Patent Litigation at All-Time High in 2011 Oct. 17 (Bloomberg) -- Frederick Tecce, a former federal prosecutor and a patent attorney at Panitch Schwarze Belisario & Nadel, discusses why patent litigation was at an all-time high in 2011. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vsWRPl0_WQLg.mp3 http://media.bloomberg.com/bb/avfile/vsWRPl0_WQLg.mp3 Wed, 17 Oct 2012 19:02:29 -0400 11:20 bloomberg,news,finance,business,economy,investing Bloomberg News Fordham’s Cohen on Ruling Against Phone GPS Privacy Oct. 14 (Bloomberg) -- James Cohen, a professor at Fordham University Law School, discusses a 6th Circuit Court of Appeals decision finding no violation of the Fourth Amendment when federal agents tracked a defendant through the GPS technology on his cell phone. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vu49F3YoTV58.mp3 http://media.bloomberg.com/bb/avfile/vu49F3YoTV58.mp3 Sun, 14 Oct 2012 23:56:08 -0400 06:50 bloomberg,news,finance,business,economy,investing Bloomberg News Newhouse on Court May Toss Out DNA Collection Law Oct. 9 (Bloomberg) -- George Newhouse, a former federal prosecutor and a partner at Brown, White & Newhouse, discusses oral arguments at the 9th Circuit Court of Appeals over the California law allowing law enforcement to collect DNA samples from anyone arrested for a felony. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vGpgvF10BJH0.mp3 http://media.bloomberg.com/bb/avfile/vGpgvF10BJH0.mp3 Mon, 08 Oct 2012 23:46:42 -0400 08:10 bloomberg,news,finance,business,economy,investing Bloomberg News Ajamie on Goldman Sachs Class Action Revived Oct. 8 (Bloomberg) -- Securities attorney Thomas Ajamie discusses why a federal appeals court in New York revived a mortgage-backed securities class-action suit against Goldman Sachs. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vsoGMIlzRkuo.mp3 http://media.bloomberg.com/bb/avfile/vsoGMIlzRkuo.mp3 Mon, 08 Oct 2012 21:11:25 -0400 06:21 bloomberg,news,finance,business,economy,investing Bloomberg News Proskauer's Oncidi on Political Expression at Work (Source: Bloomberg) Oct. 2 (Bloomberg) -- Anthony Oncidi, the head of the labor and employment law group at Proskauer Rose LLP's Los Angeles office, discusses political expression by employees in the workplace, including what kinds of expression should be curtailed by an employer. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vsq1cmbu24Cs.mp3 http://media.bloomberg.com/bb/avfile/vsq1cmbu24Cs.mp3 Fri, 05 Oct 2012 19:08:47 -0400 05:46 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Southern Air, Metro Fuel, Carey Limousi Oct. 1 (Bloomberg) -- After a dearth of interesting new cases, Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle talk on their podcast about three new Chapter 11s filed last week. The largest was cargo airline Southern Air Holdings Inc., which suffered from the drawdown of U.S. troops stationed abroad. A New York fuel oil distributor named Metro Fuel Oil Corp. filed for reorganization in New York after overstating accounts receivable and having the bank loans cut off. Regarding the last new case, Carey Limousine L.A. Inc., Rochelle wonders whether the company will suffer the same fate as the Cordillera golf club in Colorado and have the reorganization tossed out of Delaware and sent home. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vXm5LexE0MFU.mp3 http://media.bloomberg.com/bb/avfile/vXm5LexE0MFU.mp3 Mon, 01 Oct 2012 09:57:42 -0400 11:27 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Vitro, ResCap, Elpida-Kodak, Fifth Circ Sept. 28 (Bloomberg) -- Vitro SAB, Mexico's largest glassmaker, stands a chance of achieving at least a temporary victory in an Oct. 3 appeal to the U.S. Court of Appeals, according to tea leaves read by Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle in their podcast. The prepackaged plan for Residential Capital LLC may be falling apart, given the confluence of two events. Rochelle compares Japanese chip maker Elpida Memory Inc. with the experience of Eastman Kodak Co. and says there maybe reason for allowing a patent-infringement suit to go forward now. For the last item, Rochelle suggests that bankruptcy lawyers in the Fifth Circuit read a case called Tepper v. Keefe Bruyette & Woods Inc. for the latest developments on post-confirmation lawsuits under the doctrine laid down by the appeals court in United Operating and Texas Wyoming Drilling. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vYCoToE4gSoU.mp3 http://media.bloomberg.com/bb/avfile/vYCoToE4gSoU.mp3 Fri, 28 Sep 2012 09:38:59 -0400 12:43 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Patriot, 5th Circuit, ResCap Liens, Wan Sept. 27 (Bloomberg) -- Whether the reorganization of Patriot Coal Corp. remains in New York may be influenced by the thousands of workers who turned out demonstrating for a change of venue, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle reflects on the changing of the guard as Circuit Judge Edith H. Jones passes the mantle of chief judge for the U.S. Court of Appeals in New Orleans to Circuit Judge Carl E. Stewart. The reorganization of Residential Capital LLC took on a different complexion when the creditors' committee claimed to find gaping holes in liens securing $2.1 billion in junior secured debt. The podcast ends by describing two bankrupt companies ripe for acquisition. One is a chain of movie theaters based in Kansas City, and the other is a manufacturer of truck trailers from Portland, Oregon. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vqsQTsTHp3iQ.mp3 http://media.bloomberg.com/bb/avfile/vqsQTsTHp3iQ.mp3 Thu, 27 Sep 2012 09:41:20 -0400 11:54 bloomberg,news,finance,business,economy,investing Bloomberg News Ross on Marilyn Monroe's Estate Loses in Court Sept. 24 (Bloomberg) -- Intellectual Property attorney, Terence Ross, a partner at Crowell & Moring, discuses why, half a century after the death of Marilyn Monroe, her estate lost its rights of publicity for the iconic actress. He talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vaLWbG3Y7AKU.mp3 http://media.bloomberg.com/bb/avfile/vaLWbG3Y7AKU.mp3 Wed, 26 Sep 2012 19:19:21 -0400 11:27 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Digital Domain, Elpida, Lazy Days' RV C Sept. 26 (Bloomberg) -- Digital Domain Media Group Inc. might have fetched a higher price at auction, the creditors' committee said, had there been more than 10 days between bankruptcy and an auction for the business, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle analyzes whether U.S. bondholders have a legitimate beef that Elpida Memory Inc., a Japanese chip maker, didn't disclose there was a 15 billion yen ($192.6 million) lien put on assets of U.S. affiliates in April. The podcast closes with discussion of a decision following the bankruptcy of Lazy Days' R.V. Center Inc. telling bankruptcy judges in Delaware they don't have the right to issue opinions telling other courts how to interpret confirmation orders. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v1xQ.YKAzJVA.mp3 http://media.bloomberg.com/bb/avfile/v1xQ.YKAzJVA.mp3 Wed, 26 Sep 2012 17:25:21 -0400 11:59 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Lehman Brokerage, AMR, K-V, Lien Stripp Sept. 25 (Bloomberg) -- The trustee for the brokerage unit of Lehman Brothers Holdings Inc. is using a due process argument in hopes of reviving a $1.5 billion judgment against Barclays Plc, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. There won't be a resolution anytime soon if there's a dispute between AMR Corp. and holders of special facility revenue bonds related to the Dallas-Fort Worth airport. Pharmaceutical distributor K-V Pharmaceutical Co. is in a life-or-death struggle with Hologic Inc. The last item on the podcast talks about a 1992 U.S. Supreme court decision on the subject of "lien stripping" that might one day be set aside by the high court itself. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vdGKknosxkGM.mp3 http://media.bloomberg.com/bb/avfile/vdGKknosxkGM.mp3 Tue, 25 Sep 2012 09:47:27 -0400 12:49 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Dewey Settlement, Hostess, Digital Doma Sept. 24 (Bloomberg) -- Dewey & LeBoeuf LLP disclosed the names of 444 former partners contributing to the $71.5 million settlement with the defunct law firm. Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle use their podcast to list the two dozen partners making the largest settlement contributions. The acrimony between Hostess Brands Inc. and the bakery workers' union could wreck the baker of Wonder bread, put thousands of workers out of jobs, and allow competitors to buy up famous trademarks at a fraction of the price required for buying the business. Rochelle asks whether the bonuses proposed for senior managers by Digital Domain Media Group Inc. is for work performed before or after the Chapter 11 filing. The podcast ends with discussion of a church reorganization that made law describing when a higher default rate of interest is enforceable in Massachusetts and when it isn't. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vKYh2M_TCchk.mp3 http://media.bloomberg.com/bb/avfile/vKYh2M_TCchk.mp3 Mon, 24 Sep 2012 09:06:55 -0400 12:25 bloomberg,news,finance,business,economy,investing Bloomberg News SCOTUSblog’s Amy Howe on 2012-2013 Supreme Court Sept. 21 (Bloomberg) -- Amy Howe, a partner at Goldstein & Russell and the editor of SCOTUSblog, discusses the Supreme Court term that begins in October, which will include cases involving affirmative action in higher education and lawsuits against corporations for human rights abuses abroad. She talks with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vtYt4KOvhARk.mp3 http://media.bloomberg.com/bb/avfile/vtYt4KOvhARk.mp3 Fri, 21 Sep 2012 13:50:02 -0400 30:33 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Verizon-Idearc, Madoff, US Fidelis Sent Sept. 21 (Bloomberg) -- Creditors of a bankrupt former subsidiary of Verizon Communications Inc. are going to an appeals court hoping they will be given a jury trial in October, rather than a trial where a federal district judge in Dallas will hear the case without a jury, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle explains why two upcoming appeals in the U.S. Court of Appeals will decide whether customers of Bernard L. Madoff Investment Securities Inc. will have a complete recovery. One of the perpetrators of fraud at US Fidelis Inc. will be jailed for 40 months, a comparatively light sentence compared with punishment meted out to other fraudsters. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vifV_ypZ2_M8.mp3 http://media.bloomberg.com/bb/avfile/vifV_ypZ2_M8.mp3 Fri, 21 Sep 2012 10:40:11 -0400 09:32 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Protection in Claims Trading; AmTrust-F Sept. 20 (Bloomberg) -- The world is safer for buyers of claims against bankrupt companies as the result of an opinion from the U.S. Court of Appeals, for reasons Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. AmTrust Financial Corp. was the first bankrupt bank holding company to defeat the Federal Deposit Insurance Corp. in a federal courts of appeals on an issue that determines whether the FDIC sops up virtually all the assets. For the last topic, Rochelle questions whether a federal district judge made a mistake in a Chapter 13 case by not discussing the implications of the Supreme Court's ruling in Hamilton v. Lanning. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vM9I0_8Ui6ls.mp3 http://media.bloomberg.com/bb/avfile/vM9I0_8Ui6ls.mp3 Thu, 20 Sep 2012 17:56:13 -0400 11:28 bloomberg,news,finance,business,economy,investing Bloomberg News Wasendorf-Peregrine, Tax Rulings, Farmer Law: Audio Sept. 19 (Bloomberg) -- Russell R. Wasendorf Sr. may never spend another day in his life outside prison walls, for reasons explained on the bankruptcy podcast with Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle. Wasendorf, the former chief executive of liquidating commodity broker Peregrine Financial Group Inc., admitted misappropriating at least $100 million of customers' money and pleaded guilty to charges that may have him behind bars for 50 years. Bankruptcy judges have constitutional power to make final rulings on tax disputes, according to an opinion by U.S. District Judge Brian M. Cogan in Brooklyn. For the last item, Rochelle describes the Senate bill introduced by Republican Senator Charles Grassley from Iowa and Democrat Al Franken from Minnesota. The bill would overturn a 5-4 ruling in June from the U.S. Supreme Court that adversely affected bankrupt family farmers. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v3nyNUhj9XRU.mp3 http://media.bloomberg.com/bb/avfile/v3nyNUhj9XRU.mp3 Wed, 19 Sep 2012 12:01:05 -0400 11:45 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Hostess, Dewey, Pinnacle, American Medi Sept. 18 (Bloomberg) -- Hostess Brands Inc. isn't willing to pull the plug and liquidate even though one of the two main unions refused to ratify a contract with 8 percent in concessions, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. The top officers of Dewey & LeBoeuf LLP, the defunct law firm, are trying to avoid being held liable for all the firm's losses by raising technical defenses related to joint tortfeasors. Pinnacle Airlines Corp., a feeder airline, wants the bankruptcy court to abrogate existing union contracts while keeping the court filing secret. American Media Inc., the publisher of supermarket tabloids Star and National Enquirer, was downgraded following a decline in revenue. American Media is a veteran of Chapter 11 reorganization. The podcast ends with discussion of an appeals court opinion saying that a bankruptcy judge can make final rulings in a fraudulent transfer suit if the defendant filed a claim in the bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vwzesLUI1J5I.mp3 http://media.bloomberg.com/bb/avfile/vwzesLUI1J5I.mp3 Tue, 18 Sep 2012 09:27:13 -0400 11:41 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Kodak Technology, Madoff, 3d-Party Rele Sept. 17 (Bloomberg) -- The failure by Eastman Kodak Co. to find a technology buyer at an acceptable price is the first topic in the podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. U.S. District Judge Jed Rakoff will decide in the liquidation of Bernard L. Madoff Investment Securities LLC whether a strategy commonly used by trustees in ordinary bankruptcies is available to a trustee in stockbroker liquidation. The podcast wraps up with discussion of how the FirstFed Financial Corp. bankruptcy is a test case to decide whether the prohibition against so-called third-party releases will be expanded or limited in west coast bankruptcies. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vCrh4Y73SH_E.mp3 http://media.bloomberg.com/bb/avfile/vCrh4Y73SH_E.mp3 Mon, 17 Sep 2012 15:33:35 -0400 12:38 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Digital Domain, AMR Investors, Rent Con Sept. 14 (Bloomberg) -- The next time a company like Digital Domain Media Group Inc. wants to sell the business within 10 days of a Chapter 11 filing, Bloomberg New bankruptcy columnist Bill Rochelle has suggestions for how the bankruptcy judge could deter quickie sales. In the podcast with Bloomberg Law's Lee Pacchia, Rochelle engages in name dropping by identifying the deep pockets talking about financing a reorganization plan for AMR Corp., the parent of American Airlines Inc. The podcast ends with discussion of a new court opinion that might convince tenants in rent-controlled and rent-stabilized apartments in New York City from filing bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v4.p6gHFtlq4.mp3 http://media.bloomberg.com/bb/avfile/v4.p6gHFtlq4.mp3 Fri, 14 Sep 2012 10:42:21 -0400 13:39 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap-Ally, Piccadilly, Omega Navigati Sept. 13 (Bloomberg) -- When Residential Capital LLC received only one-third the exclusivity extension the company sought, was the bankruptcy judge sending a signal that the company may have trouble down the road using its bankruptcy to bestow a release from claims on parent Ally Financial Inc.? That's the first question addressed on the podcast with Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle. Piccadilly Restaurants LLC, which was responsible for an important decision from the U.S. Supreme Court in 2008, is making a repeat appearance in bankruptcy court. Rochelle discusses the arguments Omega Navigation Enterprises Inc. will encounter in trying to secure court approval of its so-called new value plan. The last item on the podcast involves a knock-down, drag-out fight in bankruptcy court in Boston between a black church and a black-owned bank. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vtd7BmjNIwuE.mp3 http://media.bloomberg.com/bb/avfile/vtd7BmjNIwuE.mp3 Thu, 13 Sep 2012 11:41:19 -0400 10:57 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Aurelius-Tribune; Circus & El Dorado Ca Sept. 12 (Bloomberg) -- Whether Aurelius Capital Management LP is ever able to appeal approval of the Tribune Co. reorganization plan may turn on an obscure doctrine known as equitable mootness, where the courts are struggling to flesh out rules, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. The concluding item on the podcast looks into whether the Circus & Eldorado Joint Venture casino will succeed in cramming down a reorganization when secured creditors led by Black Diamond Capital Management LLC are bent taking the property away from the current owners, MGM Resorts Interational and Eldorado Resorts LLC. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vBVkP4U_naFw.mp3 http://media.bloomberg.com/bb/avfile/vBVkP4U_naFw.mp3 Wed, 12 Sep 2012 09:31:14 -0400 13:30 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Solyndra, LightSquared, Judge Allan Gro Sept. 11 (Bloomberg) -- Is the Chapter 11 plan for Solyndra LLC truly a reorganization so stockholders can shelter income with tax losses in future years? That's a question that Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle explore on their podcast. LightSquared Inc. could find itself being the third major company inside a month to have an executive bonus plan nixed by a bankruptcy judge, for reasons Rochelle explains. He lauds U.S. Bankruptcy Judge Allan Gropper for having an opinion of his adopted by a federal circuit court of appeals. The podcast ends with discussion of three newly-bankrupt companies that could be acquisition targets. They are in the bakery, hotel and green energy businesses. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/voAhECbfXDtc.mp3 http://media.bloomberg.com/bb/avfile/voAhECbfXDtc.mp3 Tue, 11 Sep 2012 08:32:53 -0400 11:18 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Fewer Bankruptcies, Jefferson County, K Sept. 10 (Bloomberg) -- Bankruptcies of all types continued declining in August, following a pattern established early this year, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle explains why a lawsuit begun last week by Alabama elected officials could end up being the deciding factor in the municipal reorganization of Jefferson County, Alabama, the county surrounding Birmingham. The podcast wraps up with Rochelle wondering whether K-V Pharmaceutical Co. will change its tune and say that the loss in a federal court lawsuit last week wasn't so important after all. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vbnUmWYWnQ80.mp3 http://media.bloomberg.com/bb/avfile/vbnUmWYWnQ80.mp3 Mon, 10 Sep 2012 10:00:22 -0400 09:11 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Dynegy, Dewey & LeBoeuf, Dewsnup v. Tim Sept. 7 (Bloomberg) -- Dynegy Holdings LLC, which confirmed a reorganization plan this week, avoided being a multi-year slugfest by the good fortune of having an examiner appointed early on, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle explains why a new opinion from a federal district judge in New York, if upheld on appeal, will eliminate a major headache that lawyers now confront if their law firms fall apart. The podcast ends with discussion of an appeals court case where the circuit judge is politely asking the U.S. Supreme Court to rethink a 1992 decision called Dewsnup v. Timm. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vl.pneMOYR3Y.mp3 http://media.bloomberg.com/bb/avfile/vl.pneMOYR3Y.mp3 Fri, 07 Sep 2012 09:18:15 -0400 13:21 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on AMR Pilots, NewPage, Picard v. Schneide Sept. 6 (Bloomberg) -- The pilots at American Airlines Inc. lost $55 million a year collectively when they voted down a proposed contract, for reasons Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle explain on their podcast. Paper producer NewPage Corp., caught in the middle of a fight between creditor factions, is a company that could have benefitted from having an examiner appointed early on, like Dynegy. For the last item on the podcast, Rochelle explains why the trustee for Bernard L. Madoff Investment Securities LLC may end up with the short end of the stock in courtroom battle against York Attorney General Eric Schneiderman. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vnBXt1dsE47o.mp3 http://media.bloomberg.com/bb/avfile/vnBXt1dsE47o.mp3 Thu, 06 Sep 2012 09:44:56 -0400 13:14 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Wealthy People's Toys, Dairy Farms, Cha Sept. 5 (Bloomberg) -- A racecar enthusiast with a few million to burn should look into buying MotorSport Ranch Houston LLC, a 2.4-mile (3.9 kilometer) auto circuit inducted into Chapter 11 last week, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. For a second time in a week, a major California dairy farm is in bankruptcy, with Wells Fargo Bank NA again lender. The podcast ends with discussion of three significant bankruptcy opinions handed down at the end of last week by circuit courts of appeal. Two have potential for reaching the U.S. Supreme Court because the appeals courts expressed divergent opinions. The third case, from the circuit court in Manhattan, has important law explaining when appeals from implemented Chapter 11 plans will be dismissed under the doctrine of equitable mootness. The case involves reorganized Charter Communications Inc., whose reorganization plan was found to be beyond further attack. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v9bF0Hx0LeKA.mp3 http://media.bloomberg.com/bb/avfile/v9bF0Hx0LeKA.mp3 Wed, 05 Sep 2012 09:51:16 -0400 14:06 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Kodak Losses, Jefferson County, Student Sept. 4 (Bloomberg) -- Eastman Kodak Co.'s cash declined $72 million in July, leading Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle to ask whether potential buyers of the digital imaging portfolio are holding out, hoping the erosion of cash will compel Kodak to accept lower prices for intellectual property. The bankruptcy judge overseeing the municipal bankruptcy of Jefferson County, Alabama will be deciding two unresolved question under Chapter 9 that Rochelle describes. Rochelle wraps up the podcast talking about a new decision from the U.S. Court of Appeals in Manhattan finding debt collectors violated federal law in stating that student loans can't be shed in bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vd98sVY10ZwI.mp3 http://media.bloomberg.com/bb/avfile/vd98sVY10ZwI.mp3 Tue, 04 Sep 2012 10:07:42 -0400 13:46 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on MF Global, Dewey, AMR Pilots, Foreign C Aug. 31 (Bloomberg) -- The two trustees for customers and creditors of MF Global Holdings Ltd. and its brokerage subsidiary can't decide between them who should prosecute lawsuits to recover the $1.6 billion in missing customer funds, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle discusses the pros and cons regarding the $70 million settlement that the defunct law firm Dewey & LeBoeuf LLP is proposing with its former partners. Technically speaking, the pilots from American Airlines Inc. filed an appeal when there was nothing yet to appeal. The podcast ends with discussion of the newly-filed Chapter 11 petition by an Israeli-based company named Ampal-American Israel Corp. Rochelle lays out circumstances where the case is properly in the U.S. and when it might not be. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vKvwPCa4EoeM.mp3 http://media.bloomberg.com/bb/avfile/vKvwPCa4EoeM.mp3 Fri, 31 Aug 2012 09:55:59 -0400 13:12 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap Bonuses, Vitro Defeat, Repossess Aug. 30 (Bloomberg) -- Residential Capital LLC had the unfortunate distinction of the being the second company inside one week where the bankruptcy judge refused to approve a bonus program for senior executives, for reasons Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle explain on their podcast. Vitro SAB, the Mexican glassmaker, sustained another defeat when an appellate judge ruled the bankruptcy court should have put several subsidiaries into involuntary bankruptcy last year. The last item on the podcast explains why an auto dealer was saddled with almost $70,000 in actual and punitive damages for refusing to turn over a car worth only $10,000. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vgWpJtVQwLqI.mp3 http://media.bloomberg.com/bb/avfile/vgWpJtVQwLqI.mp3 Thu, 30 Aug 2012 09:18:50 -0400 13:02 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Tribune Appeal, ResCap Homeowners, Nove Aug. 29 (Bloomberg) -- Aurelius Capital Management LP sustained what may or may not be a game-ending defeat when a district judge refused to allow the senior noteholder to accelerate an appeal from the confirmation order approving the reorganization plan for publisher Tribune Co., as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Homeowners are requesting an official committee of their own to represent them collectively on the claims they have against Residential Capital LLC, the mortgage-servicing subsidiary of non-bankrupt Ally Financial Inc. The last item on the podcast uses Penn Camera Exchange Inc. as an example for how bankruptcy judges are using Chapter 11 creatively to make distributions when there isn't enough cash to pay priority claims in full. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vAXCg3f8qYfU.mp3 http://media.bloomberg.com/bb/avfile/vAXCg3f8qYfU.mp3 Wed, 29 Aug 2012 09:39:18 -0400 12:36 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Hawker Bonuses, MF Global, Tribune, Pat Aug. 28 (Bloomberg) -- The 200 percent bonus program that aircraft maker Hawker Beechcraft Inc. devised for senior executives didn't pass muster, for reasons Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. A U.S. District Judge may be the first to rule on whether providing margin with a letter of credit rather than a cash deposit can enable a commodities customer to avoid losses, such as those resulting from the liquidations of MF Global Inc. and Peregrine Financial Group Inc. To rule in favor of the customers, the judge will need to invalidate a rule promulgated by the U.S. Commodity Futures Trading Commission, for reasons Rochelle describes. Aurelius Capital Management LP evidently hopes to accelerate an appeal before publisher Tribune Co. has time to implement the reorganization plan approved last month. The podcast wraps up explaining why the bankruptcy judge in New York is unlikely to rule on whether coal producer Patriot Coal Corp. can have an official committee representing shareholders. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/veL4FxotscyY.mp3 http://media.bloomberg.com/bb/avfile/veL4FxotscyY.mp3 Tue, 28 Aug 2012 09:30:39 -0400 12:55 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Verizon-Idearc, Madoff, Surprising Deci Aug. 27 (Bloomberg) -- The trial to begin in October where creditors of yellow page publisher Idearc Inc. are seeking billions in damages from Verizon Communications Inc. is the biggest fraudulent transfer suit since Tousa Inc., as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. U.S. District Judge Jed Rakoff will decide a fraudulent transfer issue late this year that will have importance beyond the liquidation of Bernard L. Madoff Investment Securities LLC. The podcast ends with discussion of two recent bankruptcy decisions with surprising results. In one, a Maryland district judge allows the same individual to have two bankruptcies pending simultaneously. In the second, a Florida district judge ruled that the debt arising from a shooting is a liability that can be shed in bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vjbGmEUHLVXQ.mp3 http://media.bloomberg.com/bb/avfile/vjbGmEUHLVXQ.mp3 Mon, 27 Aug 2012 09:19:45 -0400 15:11 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Hawker, Madoff, US Airways-AMR: Audio Aug. 24 (Bloomberg) -- With the advent of a purchaser from China, aircraft maker Hawker Beechcraft Inc. decided to freeze rather than terminate workers' pensions, as Bloomberg Law's Lee Pacchia and Bloomberg New bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle points to Bernard L. Madoff Investment Securities LLC as a case where the bankruptcy judge, when given an opening, let it be known how he feels about a particular litigant. To end the podcast, Rochelle explains the significance in the apparently agreement between pilots at US Airways Group Inc. and American Airlines Inc. to meld their seniority lists. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vEATi3dlXLy8.mp3 http://media.bloomberg.com/bb/avfile/vEATi3dlXLy8.mp3 Fri, 24 Aug 2012 11:09:14 -0400 12:06 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Chapter 11 Recidivism and Syms Confirma Aug. 23 (Bloomberg) -- Chicago retailer Mark Shale is another company making a second trip to bankruptcy court not long after a prior Chapter 11 reorganization, as Bloomberg Law's Lee Pacchia and Bloomberg bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle recites statistics showing that companies defaulting a second time likely committed the first default through a distressed debt exchange. Rochelle analyzes issues the bankruptcy judge will confront at the Syms Corp. contested plan confirmation hearing to begin Aug. 29. The podcast concludes with discussion of a federal appeals court decision making individuals more likely to shed debt resulting from a securities law violation. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vXVXLBuTgzMg.mp3 http://media.bloomberg.com/bb/avfile/vXVXLBuTgzMg.mp3 Thu, 23 Aug 2012 15:33:47 -0400 12:13 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Hostess Wages, Dewey Settlement, Exempt Aug. 22 (Bloomberg) -- Union workers at Hostess Brands Inc. have a choice between absorbing an 8 percent salary cut or losing their jobs, the Teamsters union told members who work at the baker of Wonder bread, as Bloomberg Law's Lee Pacchia and bankruptcy columnist Bill Rochelle discuss on the Bloomberg bankruptcy podcast. The settlement being proposed to former partners of Dewey & LeBoeuf LLP is either a brilliantly quick conclusion for a complicated case or a situation where the fox is watching the henhouse. The podcast ends with discussion of a new appeals court ruling that allows states to provide larger exemptions for people who file bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vgAk8tjwbaV8.mp3 http://media.bloomberg.com/bb/avfile/vgAk8tjwbaV8.mp3 Wed, 22 Aug 2012 09:50:57 -0400 12:50 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Patriot Coal Venue, Elpida, Paulson Res Aug. 21 (Bloomberg) -- With the bankruptcy podcast back from vacation, Bloomberg Law's Lee Pacchia asks bankruptcy columnist Bill Rochelle whether the judge in Manhattan will send the Patriot Coal Corp. reorganization to West Virginia because the company may have incorporated two subsidiaries in New York explicitly for the purpose of establishing venue for the Chapter 11 case outside of the state of principal operations. The U.S. side of the Elpida Memory Inc. Japanese bankruptcy may not end up resembling the Mexican reorganization of Vitro SAB, for reasons Rochelle explains. The podcast ends by explaining why the inability of Paulson & Co. and Winthrop Realty Trust to retain ownership of four flagship resorts doesn't speak well for the health of the real estate market. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/voNZp4tkBE.I.mp3 http://media.bloomberg.com/bb/avfile/voNZp4tkBE.I.mp3 Tue, 21 Aug 2012 09:08:42 -0400 14:16 bloomberg,news,finance,business,economy,investing Bloomberg News Boland on NJ Sports Gambling, Strossen on Marriage Aug. 14 (Bloomberg) - Nadine Strossen, a professor at New York Law School, discusses the implications of recent decisions on the Defense of Marriage Act. Robert Boland, a professor at New York Law School, says that New Jersey will have a difficult time implementing sports gambling at casinos and racetracks. They talk with June Grasso on Bloomberg Radio's "Bloomberg Law." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vYMhYxkdOKc8.mp3 http://media.bloomberg.com/bb/avfile/vYMhYxkdOKc8.mp3 Tue, 14 Aug 2012 12:07:26 -0400 17:17 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Knight Capital, Madoff, Central Bankers Aug. 8 (Bloomberg) -- Bloomberg bankruptcy columnist Bill Rochelle reflects on the paucity of major new bankruptcies during the three weeks he was on vacation. Prompted by Bloomberg Law's Lee Pacchia, Rochelle observes that major news stories in late July and August demonstrate that regulation hasn't kept pace with innovation and technological developments. He asks whether surprises like Knight Capital Group Inc. show that tighter regulation is unnecessary or suggest that the absence of stricter oversight might give rise in the future to other revelations that could unhinge the financial system. Rochelle flags the new lawsuit against the New York Attorney General by the trustee for Bernard L. Madoff Investment Securities LLC as another indication that Congress needs to define when or whether state regulators can prefer citizens of their own states when it comes to recoveries resulting from financial fraud. He lauds a Delaware bankruptcy judge for moving a small case to Colorado and similarly praises the receiver and bankruptcy trustee for Peregrine Financial Group Inc. for working together. The podcast ends by reflecting on why central banks in the U.S. and Europe are stepping back from further efforts at stimulating lagging economies when elected officials are implementing programs running counter to central bankers' efforts. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v9D2.mtakfs8.mp3 http://media.bloomberg.com/bb/avfile/v9D2.mtakfs8.mp3 Tue, 07 Aug 2012 09:01:08 -0400 15:15 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Peregrine Options, Kodak Bonuses, J.C. July 13 (Bloomberg) -- Customers of Peregrine Financial Group Inc. may end up with a larger recovery if the liquidation of the futures commission merchant is carried out by a receiver rather than a bankruptcy trustee, for reasons Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle explain on their podcast. Eastman Kodak Co. is proposing a bonus program that could pay Chief Executive Antonio M. Perez a 200 percent if unsecured creditors recover 30 percent. The last item on the podcast discusses the travails of retailer J.C. Penney Co. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vMIotQxWEi98.mp3 http://media.bloomberg.com/bb/avfile/vMIotQxWEi98.mp3 Fri, 13 Jul 2012 10:36:38 -0400 15:34 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Peregrine, Jeffco, San Bernardino, Lehm July 12 (Bloomberg) -- Peregrine Financial Group Inc., the futures broker that may have misappropriated more than $200 million in customers' funds, is the latest example showing how market discipline isn't sufficient regulation to protect the public, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Focusing on municipal bankruptcies by Jefferson County, Alabama and San Bernardino, California, Rochelle considers whether bankruptcy judges may be forced into dismissing Chapter 9 cases so politicians will be forced to face and tackle problems they or their predecessors created. The podcast ends with discussion of a new decision in the liquidation of the Lehman Brothers Inc. brokerage where the Securities Investor Protection Corp. came out on top at the expense of investment funds. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vV15vG3T3K1E.mp3 http://media.bloomberg.com/bb/avfile/vV15vG3T3K1E.mp3 Thu, 12 Jul 2012 15:56:08 -0400 13:59 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Patriot Coal, Beechcraft Sale, Trademar July 11 (Bloomberg) -- On top of abundant financial problems, Patriot Coal Corp. may have a so-called venue problem if labor unions or other creditors argue the bankruptcy reorganization should have been filed somewhere closer to where operations are located, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Hawker Beechcraft Inc., a manufacturer of light and medium-sized aircraft, may end up being partly owned by the municipal government of Beijing if another buyer doesn't show up offering to pay more than about $1.8 billion. The podcast ends with discussion of an appeals court decision making a trademark owner's bankruptcy less frightening for those who license the right to use trademarks. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vQzYqf20ihFg.mp3 http://media.bloomberg.com/bb/avfile/vQzYqf20ihFg.mp3 Wed, 11 Jul 2012 09:35:49 -0400 14:07 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Jefferson County, Indian Casino, Tax Re July 10 (Bloomberg) -- Jefferson County, Alabama in effect gave itself more time to decide whether to appeal a decision from the bankruptcy judge cutting off the ability to divert sewer revenue away from bondholders, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. The Indian-owned Santa Ysabel Resort & Casino near San Diego may face a challenge to its right to bankruptcy reorganization, for reasons Rochelle explains. The podcast ends with discussion of two important new bankruptcy decisions. One counsels those contemplating bankruptcy to insure tax returns are filed on time. The second finds a loophole in the automatic stay permitting lawsuits to proceed blocking trademark infringement. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vsnAn2umMA6w.mp3 http://media.bloomberg.com/bb/avfile/vsnAn2umMA6w.mp3 Tue, 10 Jul 2012 09:03:18 -0400 11:21 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Dynegy Parent Shareholders, Hospitals: July 9 (Bloomberg) -- The disclosure statement for Dynegy Inc. and other public statements seem inconsistent with regard to treatment of shareholders for the parent of the power producer, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. The second item on the podcast entails an explanation for why a hospital in Charlton County, Georgia was ineligible for bankruptcy while many other health-care institutions have used Chapter 11 successfully. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vJ4fGJClkn2E.mp3 http://media.bloomberg.com/bb/avfile/vJ4fGJClkn2E.mp3 Mon, 09 Jul 2012 08:55:59 -0400 12:34 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Jefferson County, Allen Stanford, Fletc July 6 (Bloomberg) -- The defeat handed to Jefferson County, Alabama was a victory for all holders of municipal bonds because the bankruptcy judge severely limited the income that can be diverted from debt service while a municipality is in Chapter 9, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Victims of the R. Allen Stanford Ponzi scheme won't have up to $500,000 for each claim paid by the Securities Investor Protection Corp., as the result of an opinion from a U.S. District Judge in Washington. The newly filed bankruptcy by Fletcher International Ltd. will give a New York judge an opportunity to rule on whether hedge funds that purport to operate abroad nonetheless may file Chapter 11 in the U.S. The podcast ends with discussion of why the reorganization in Delaware of the golf club at Colorado's Cordillera resort may be sent to Denver. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vLgZBvCo.XDM.mp3 http://media.bloomberg.com/bb/avfile/vLgZBvCo.XDM.mp3 Fri, 06 Jul 2012 10:13:21 -0400 14:44 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on American Airlines, Vitro, Madoff, Kodak June 29 (Bloomberg) -- A long-term contract to provide hotel rooms for airline crews could end up being deemed a "forward contract," if American Airlines Inc. loses a dispute erupting in the bankruptcy court in New York. A loss by the airline would set a precedent where many companies in bankruptcy reorganization might be unable to compel performance under contracts to supply goods and services, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Vitro SAB may have an appeal heard near the end of the year where the glass maker will try to reinstate the Mexican reorganization plan a bankruptcy judge refused to enforce in the U.S. Rochelle talks about two recent events in the liquidation of Bernard L. Madoff Investment Securities Inc., one a $1 billion victory on appeal and the other a suggestion that a district judge will extend the sweep of the safe harbor protecting swaps. The podcast wraps up describing the importance of hearings on July 2 and July 26 bearing on the sale of technology owned by Eastman Kodak Co. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vyWl4KpPNucI.mp3 http://media.bloomberg.com/bb/avfile/vyWl4KpPNucI.mp3 Fri, 29 Jun 2012 09:49:36 -0400 12:50 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Kodak-Intel, AMR, Pinnacle, Colorado Re June 28 (Bloomberg) -- Intel Corp., Ricoh Co. Ltd., Nikon Corp., Motorola Solutions Inc., and Apple Inc. are among the high-technology companies mounting opposition to the upcoming attempt by Eastman Kodak Co. to sell digital imaging technology at an auction tentatively scheduled for August, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. The inability of AMR Corp. to generate a sizeable operating profit in May from American Airlines Inc. points out the need for reorganization. Pinnacle Airlines Corp. and families of victims of the February 2009 crash are jousting over punitive damages. The podcast closes by explaining why the Cordillera Golf Club in Colorado is a candidate for club members to seek transferring the case from Delaware to Denver. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vZFuNv75kGN0.mp3 http://media.bloomberg.com/bb/avfile/vZFuNv75kGN0.mp3 Thu, 28 Jun 2012 09:04:59 -0400 15:00 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Madoff, Nortel, Apple-Kodak, Coal Minin June 27 (Bloomberg) -- The U.S. Supreme Court declined to hear appeals arising from the bankruptcy liquidations of Bernard L. Madoff Investment Securities LLC and Nortel Networks Inc. Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss how the Madoff decision is significant for the Ponzi scheme's customers while the Nortel decision is an important precedent explaining when a government's regulatory proceedings aren't halted automatically by bankruptcy. The podcast continues by laying out the significance of the latest skirmish between Apple Inc. and Eastman Kodak Co. The podcast closes by using James River Coal Co. as the focal point for an analysis of the coal industry and whether there may be a string of bankruptcies in upcoming years. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vr5D6weux5vo.mp3 http://media.bloomberg.com/bb/avfile/vr5D6weux5vo.mp3 Wed, 27 Jun 2012 09:14:54 -0400 14:23 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Houghton Mifflin Venue, Hostess Opinion June 26 (Bloomberg) -- Houghton Mifflin Harcourt Publishing Co., the educational publisher, shouldn't have filed its prepackaged bankruptcy reorganization in New York, according to the opinion discussed on the podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. The ruling may have significance as a precedent for future cases, although the practical importance for Houghton is limited because the judge also approved the Chapter 11 plan. Analyzing a decision by another bankruptcy judge in New York, Rochelle uses the reorganization of Hostess Brands Inc. to explain why a bankruptcy court can't modify a union contract that expired by its terms. The podcast wraps up by discussing a case in Chattanooga, Tennessee where a lender was bound by representations its lawyer made in court even though the Chapter 11 plan was to the contrary. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vQjAXMLgEHRc.mp3 http://media.bloomberg.com/bb/avfile/vQjAXMLgEHRc.mp3 Tue, 26 Jun 2012 09:33:21 -0400 13:22 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Madoff Appeal, Vitro Hearing, Kodak Ret June 25 (Bloomberg) -- About one year from now, the trustee liquidating Bernard L. Madoff Investment Securities LLC will be told by the U.S. Court of Appeals whether District Judge Jed Rakoff was correct when he invoked the so-called safe harbor for securities transactions to bar lawsuits for recovery of fictitious profits going back more than two years, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. June 28 will be a pivotal hearing for Vitro SAB when a federal district judge decides whether bondholders can begin seizing assets belonging to the Mexican glass maker and its subsidiaries. The effort by the Eastman Kodak Co. retirees' committee to remove a $50,000 a month monthly cap on professional fees is the last item on the podcast agenda. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vlTmdkeFxiyQ.mp3 http://media.bloomberg.com/bb/avfile/vlTmdkeFxiyQ.mp3 Mon, 25 Jun 2012 09:49:30 -0400 13:32 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap Schedule, Madoff, Sexual Harassm June 22 (Bloomberg) -- The bankruptcy judge told Residential Capital LLC he won't allow creditors to vote on a reorganization plan until there's a completed investigation, thus delaying an exit from Chapter 11 to late this year or next, as Bloomberg News bankruptcy columnist Bill Rochelle and Bloomberg Law's Lee Pacchia discuss on their podcast. The bankruptcy judge blocked the latest attempt by customers of Bernard L. Madoff Investment Securities Inc. to sue the fraudster's cohorts. For the last item, Rochelle explains why liability for sexual harassment can't be shed by a bankruptcy filing. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vb9VcScV0t_g.mp3 http://media.bloomberg.com/bb/avfile/vb9VcScV0t_g.mp3 Fri, 22 Jun 2012 11:26:44 -0400 12:36 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Paulson Resorts, Dynegy, Quick RG Steel June 21 (Bloomberg) -- The four bankrupt resorts still owned by Paulson & Co. and Winthrop Realty Trust may be forced to modify their reorganization strategy should they lose a trial beginning June 27 with Hilton Worldwide Inc., as Bloomberg News bankruptcy columnist Bill Rochelle and Bloomberg Law's Lee Pacchia discuss on their podcast. Parent Dynegy Inc. has details to work out before the power producer initiates what could be a record short-lived bankruptcy reorganization. The creditors' committee for steel producer RG Steel LLC is trying to slow down the sale, as Rochelle discusses on the podcast's last item. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v.UfXRl7Xn.E.mp3 http://media.bloomberg.com/bb/avfile/v.UfXRl7Xn.E.mp3 Thu, 21 Jun 2012 09:38:54 -0400 12:53 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap, Kodak-Apple, Broadview, Lee Bri June 20 (Bloomberg) -- When the bankruptcy judge ruled that Residential Capital LLC must have an independent examiner, Bloomberg News bankruptcy columnist Bill Rochelle said his faith in human nature was restored, for reasons explained on the podcast with Bloomberg Law's Lee Pacchia. Eastman Kodak Co. is likely to run into another roadblock with the newly-filed lawsuit in bankruptcy court against Apple Inc. Rochelle explains why telecommunications provider Broadview Networks Holdings Inc. is on his watch list for a possible distressed exchange or prepackaged reorganization. From a slew of recent Chapter 11 filings by bite-sized companies, Rochelle explains why he sees brick maker Lee Brick & Tile Co. as a strategic acquisition for someone in the building products industry. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vprzY8zEKhaY.mp3 http://media.bloomberg.com/bb/avfile/vprzY8zEKhaY.mp3 Wed, 20 Jun 2012 09:23:25 -0400 12:59 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap-Berkshire Hathaway, Vitro, Rulin June 19 (Bloomberg) -- The $1 offer that Berkshire Hathaway Inc. made for Residential Capital LLC, along with related issues, is the first topic for discussion on the bankruptcy podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. The loss given last week to Mexican glass maker Vitro SAB became an even more stinging defeat when the bankruptcy judge at the end of the week clarified his ruling and explicitly said that the Vitro parent's reorganization won't be enforced in the U.S. at all. The podcast wraps up with discussion of two new bankruptcy opinions. One explains what false statements result in non-dischargeable debts and the other lays out conditions when a secured debt can ride through Chapter 11 unaffected. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vs22oyjA5lmo.mp3 http://media.bloomberg.com/bb/avfile/vs22oyjA5lmo.mp3 Tue, 19 Jun 2012 09:03:36 -0400 12:48 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Swaps Safe Harbor, Marianas, Personal 1 June 18 (Bloomberg) -- ABN Amro Bank NV is using the liquidation of Bernard L. Madoff Investment Securities Inc. to test the breadth of the safe harbor in bankruptcy law blocking suits related to swaps, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. We pay another visit to the Mariana Islands where the bankruptcy judge is taking steps to insure that the lawyers are paid even though he was forced to dismiss the bankruptcy of the islands' government pension fund. The podcast ends with discussion of a new opinion from the U.S. Court of Appeals in Richmond erecting roadblocks to efforts by individuals using Chapter 11 to shed debt and retain their businesses. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vSMlxz5OlFYo.mp3 http://media.bloomberg.com/bb/avfile/vSMlxz5OlFYo.mp3 Mon, 18 Jun 2012 09:20:26 -0400 13:19 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Vitro, American Airlines, LightSquared: June 15 (Bloomberg) -- Vitro SAB failed to persuade a U.S. Bankruptcy Judge in Dallas that the glass maker's Mexican reorganization was worthy of enforcement in the U.S. As Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle explain on their podcast, Vitro's reorganization plan contained provisions "manifestly contrary" to U.S. public policy, resulting in a ruling making the Mexican reorganization a nullity as to U.S. holders of some of the $1.2 billion in defaulted bonds. American Airlines Inc. won a leg up over non-union passenger service agents when a federal district judge ruled against holding an election this month where the workers could have voted for joining a union. For the last item on the podcast, Rochelle explains why permission won by LightSquared Inc. to use lenders' cash collateral could turn out more theoretical than real. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vPp7rRz6Cn2M.mp3 http://media.bloomberg.com/bb/avfile/vPp7rRz6Cn2M.mp3 Fri, 15 Jun 2012 10:53:41 -0400 13:30 bloomberg,news,finance,business,economy,investing Bloomberg News IP Law: Lawsuits Likely Over New Top-Level Domain N June 14 (Bloomberg) -- ICANN revealed the proposed top-level domain names for the largest-ever expansion of the Internet's naming system yesterday. John Murino, an attorney at Crowell and Moring, tells Bloomberg Law's Josh Block that litigation over the new names is likely. Top-level domains are the ".com" part of an Internet address. 1,930 proposals were received for 1,409 different top-level domain names. Applicants paid $185,000 for each proposed domain. Claims by owners of trademarks and suits alleging antitrust violations are likely to come, with ICANN having stockpiled $120 million to deal with the expected litigation, Murino says. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vppgF5kT5wTo.mp3 http://media.bloomberg.com/bb/avfile/vppgF5kT5wTo.mp3 Thu, 14 Jun 2012 10:21:07 -0400 19:16 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Houghton Mifflin Venue, NewPage, Dewey: June 14 (Bloomberg) -- Houghton Mifflin Harcourt Publishing Co., a Boston-based educational publisher, is using a tiny subsidiary located in Manhattan as the basis for reorganizing the entire enterprise in New York, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle explain on their podcast. Paper maker NewPage Corp. intends on using a forthcoming reorganization plan to frustrate unsecured creditors' in their attempt at suing secured lenders for financing allegedly fraudulent transfers. For the last item on the podcast, Rochelle explains how Dewey & LeBoeuf LLP managed to consume $43 million cash in six weeks before bankruptcy. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vJn4sB.UHQn0.mp3 http://media.bloomberg.com/bb/avfile/vJn4sB.UHQn0.mp3 Thu, 14 Jun 2012 10:02:50 -0400 12:44 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Dynegy, Residential Capital, Eastman Ko June 13 (Bloomberg) -- The settlement between power producer Dynegy Inc. and creditors of bankrupt subsidiary Dynegy Holdings LLC could become complicated when the parent joins the subsidiary in Chapter 11 to carry out the compromise, for reasons Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Berkshire Hathaway Inc. compromised its chances for success in having an examiner appointed for Residential Capital LLC when it threw its hat in the ring to buy ResCap. For the last item on the podcast, Rochelle explains why Eastman Kodak Co. is departing from the usual auction format to dispose of technology that could be worth billions. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vEs6jWKuz8EQ.mp3 http://media.bloomberg.com/bb/avfile/vEs6jWKuz8EQ.mp3 Wed, 13 Jun 2012 10:08:50 -0400 12:44 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Madoff Suits, Tribune, Charles Street A June 12 (Bloomberg) -- From lawsuits in the liquidation of Bernard L. Madoff Investment Securities Inc., a district judge in New York will rule in September or October whether a bankruptcy trustee in the U.S. can recover property that was fraudulently transferred abroad, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle analyzes whether the bankruptcy judge went into a confirmation hearing last week for Tribune Co. undecided on whether he will or won't approve a reorganization plan for the publisher soon to be in bankruptcy four years. The podcast ends with Rochelle's discussion of a courtroom fight between Charles Street African Methodist Episcopal Church of Boston and secured lender OneUnited Bank, the only black-owned bank in Massachusetts. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vlzDV9RKYnUA.mp3 http://media.bloomberg.com/bb/avfile/vlzDV9RKYnUA.mp3 Tue, 12 Jun 2012 09:22:20 -0400 12:42 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Horses, Kodak, Strauss Auto, Birds: Aud June 11 (Bloomberg) -- The differences between reining and dressage are explained in the first item on the bankruptcy podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. Second-lien lenders to Eastman Kodak Co. are becoming restless after an adverse patent-validity ruling and $125 million of cash losses during the first 14 weeks in Chapter 11. There won't be a fifth bankruptcy for Strauss Discount Auto, a chain of auto repair shops, for reasons Rochelle explains. Companies that went through a leveraged buyout bring the same recovery to creditors as those that weren't, statistics show. The podcast ends with discussion of young birds and children. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vzKzgniuf314.mp3 http://media.bloomberg.com/bb/avfile/vzKzgniuf314.mp3 Mon, 11 Jun 2012 10:32:46 -0400 13:04 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Lehman-Barclays, Strauss Auto, Fewer Fi June 8 (Bloomberg) -- By trying the save the lawyers for Lehman Brothers Holdings Inc. from embarrassment, the bankruptcy judge wrote an opinion that Barclays Plc succeeded in having reversed, costing the Lehman brokerage trustee $1.5 billion, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss in their podcast. A chain of auto-repair shops named Strauss Discount Auto has the dubious distinction of finding itself in bankruptcy for a fourth time. The podcast ends with discussion of statistics indicating that Chapter 11 reorganizations are bottoming out while consumer bankruptcies continue falling in number. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v55QEqd49Bow.mp3 http://media.bloomberg.com/bb/avfile/v55QEqd49Bow.mp3 Fri, 08 Jun 2012 14:39:53 -0400 13:22 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on ResCap, MF Global, RG Steel, Madoff, Bo June 6 (Bloomberg) -- Berkshire Hathaway Inc., one of the largest creditors of Residential Capital LLC, favors having an official examiner rather than an investigation by the creditors' committee, for reasons Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle lay out in their podcast. Rochelle discusses some of the defenses Jon S. Corzine could erect should he be sued for negligence in management of MF Global Inc., the defunct commodity broker. RG Steel LLC, the fourth-largest flat-rolled steel producer in the U.S., intends on selling the assets in less than six weeks, a tight schedule for a large company in bankruptcy. Morgan Industries Inc., the manufacturer of Hunter sailboats, would make an attractive acquisition were it not in an industry beset with several other bankruptcies. The podcast concludes with a discussion of a critical bankruptcy issue to be decided in October by a U.S. district judge in the liquidation of Bernard L. Madoff Investment Securities Inc. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/v7lLWMmASseI.mp3 http://media.bloomberg.com/bb/avfile/v7lLWMmASseI.mp3 Wed, 06 Jun 2012 09:11:04 -0400 13:59 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on MF Global, Houghton Mifflin, Kodak, Res June 5 (Bloomberg) -- The trustee liquidating MF Global Inc., the defunct commodity broker, filed a report indicating there are few lawsuits to bring against so-called deep pockets that aren't blocked by the safe harbor in bankruptcy law, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle explains why Houghton Mifflin Harcourt Publishing Co. is likely to complete a Chapter 11 reorganization before the U.S. Trustee has a chance to move the case from New York to the publisher's Boston hometown. Eastman Kodak Co. may not succeed in having the bankruptcy court make a quick determination of patent-ownership disputes with Apple Inc. Rochelle explains why it might be preferable for an independent examiner to report on the adequacy of proposed settlements between Residential Capital LLC and the parent Ally Financial Inc. B&H Ocean Carriers Ltd., a shipping line with few connections to the U.S., is the last topic of discussion. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vIo0jW1fTVJI.mp3 http://media.bloomberg.com/bb/avfile/vIo0jW1fTVJI.mp3 Tue, 05 Jun 2012 09:48:37 -0400 14:57 bloomberg,news,finance,business,economy,investing Bloomberg News Houghton Venue, Dewey Committees, Marianas: Audio June 4 (Bloomberg) -- Educational publisher Houghton Mifflin Harcourt Publishing Co., which has few connections with New York, may complete the prepackaged reorganization in Manhattan bankruptcy court before the U.S. Trustee can arrange for the bankruptcy judge to consider her motion transferring the case to Boston where the headquarters is located, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle will explain what's unusual about the two official committees appointed in the liquidation of the law firm Dewey & LeBoeuf LLP. The podcast ends by reporting how the bankruptcy judge reluctantly dismissed the bankruptcy of the Northern Mariana Islands Retirement Fund even though he said dismissal would be a "disaster." (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vlRkR5hgSE4M.mp3 http://media.bloomberg.com/bb/avfile/vlRkR5hgSE4M.mp3 Mon, 04 Jun 2012 09:44:36 -0400 13:49 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Mariana Islands Pension Fund, Madoff-Ra June 1 (Bloomberg) -- The bankruptcy judge in Honolulu to decide whether the Northern Mariana Islands Retirement Fund is eligible for Chapter 11 reorganization took the unusual step of announcing how he's likely to rule even before the hearing began, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Although the judge said he's likely to dismiss the bankruptcy, he gave the fund's lawyers a victory of sorts by complimenting the attorneys for latching onto bankruptcy as a "creative and praiseworthy" solution. In the second item, Rochelle dissects one of the few victories that the trustee for Bernard L. Madoff Investment Securities Inc. is yet to receive in the courtroom of U.S. District Judge Jed Rakoff. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vUvHdH1HEsjo.mp3 http://media.bloomberg.com/bb/avfile/vUvHdH1HEsjo.mp3 Fri, 01 Jun 2012 10:16:08 -0400 10:41 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on RadLax-Secured Lenders, Vitro, Harper B May 31 (Bloomberg) -- The decision this week from the U.S. Supreme Court in a case called RadLax gives additional leverage to secured lenders while instructing courts on how to interpret complex statutes, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. Rochelle explains why a trial to begin next week involving Mexican glass maker Vitro SAB could evolve into the most important decision in the history of cross-border insolvency law. Rochelle ends the podcast discussing how an old-line cleaning supply maker from Iowa named Harper Brush Works Inc. could be an attractive acquisition target for a strategic buyer, although the company's workers could end up without jobs. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vpff0MKrgQAg.mp3 http://media.bloomberg.com/bb/avfile/vpff0MKrgQAg.mp3 Thu, 31 May 2012 11:49:48 -0400 11:45 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on RadLax, Dewey, Madoff, ResCap, Impact: May 30 (Bloomberg) -- The Supreme Court's second bankruptcy decision of the year leads off the bankruptcy podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. The bankruptcy filing by Dewey & LeBoeuf LLP will become more costly for the law firm's former partners in light of a new decision from a federal district judge in New York saying that lawyers are obliged to cough up profits earned on assignments taken by lawyers to their new firms. Rochelle explains why the Securities and Exchange Commission should weigh in on appeals where district judges cut back on lawsuits the trustee for Bernard L. Madoff Investment Securities Inc. is bringing for the benefit of customers who lost their investments. Rochelle lays out how Residential Capital LLC, early in the Chapter 11 case, is looking for the same protection for parent Ally Financial Inc. that would come at the end of the case. The podcast ends by asking how long a Chapter 7 bankruptcy for a Tennessee nuclear waste disposal company will remain in the U.S. Bankruptcy Court in Delaware. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vKFGwhpnokLA.mp3 http://media.bloomberg.com/bb/avfile/vKFGwhpnokLA.mp3 Wed, 30 May 2012 16:01:01 -0400 13:01 bloomberg,news,finance,business,economy,investing Bloomberg News Rochelle on Dynegy, Houghton Mifflin, Two Buyout Ta May 24 (Bloomberg) -- Dynegy Inc. will present the bankruptcy judge with a problem when the power producer requests approval of a settlement when many facts underlying the compromise remain a secret, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle explain in their podcast. The newly-filed prepackaged reorganization of educational publisher Houghton Mifflin Harcourt Publishing Co. could be completed in one month in New York, eclipsing the five weeks that Reddy Ice Holdings Inc. needed for its quickie reorganization in Dallas. In the last item on the podcast, Rochelle touts a small hospital in Houston and an athletic shoe maker as acquisition targets for strategic buyers. (Source: Bloomberg) http://media.bloomberg.com/bb/avfile/vZ3EZ05czMkE.mp3 http://media.bloomberg.com/bb/avfile/vZ3EZ05czMkE.mp3 Thu, 24 May 2012 08:51:12 -0400 11:42 bloomberg,news,finance,business,economy,investing