Weekly Brief: New Round of Layoffs Hit Law Firms
March 14 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. New Jersey-based Archer & Greiner PC is the latest law firm to announce layoffs of attorneys and staff. Also, counsel for alleged Aurora theater shooter James Holmes showed up late to their client's arraignment and were unable to enter a plea. Finally, Google has agreed to settle with 38 states and the District of Columbia over allegations tech giant stole data off of personal wifi networks as it worked on its Street View product.
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There May Be a Sweet Spot for China Distressed Debt
02:16 - The specter of more soured assets piling up in China is turning into a sweet spot for distressed debt investors seeking fat returns. Bloomberg's Lianting Tu reports on "Bloomberg Markets." (Source: Bloomberg)