http://www.law360.com/ Latest articles for organization: Lowenstein Sandler Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/134979 The federal government has asked a judge to approve a nearly $6 million settlement between it and several defendants, including Exxon Mobil Corp., in a long-running dispute over contamination from a former Monsanto Co. plant in southern Illinois. http://www.law360.com/articles/134979 http://www.law360.com/articles/134791 Donald and Ivanka Trump have reached a settlement with a committee of Trump Entertainment Resorts Inc.'s noteholders, ending the hard-fought power struggle by throwing their support behind the noteholders' reorganization plan. http://www.law360.com/articles/134791 http://www.law360.com/articles/134589 Bankrupt satellite operator ProtoStar Ltd. Is facing stiff opposition to an incentive plan that aims to provide eight key executives a set percentage of the $210 million sale of one subsidiary. http://www.law360.com/articles/134589 http://www.law360.com/articles/133966 Bankrupt satellite operator ProtoStar Ltd. has filed an amended Chapter 11 restructuring plan and disclosure statement that lays out changed distribution procedures, on the heels of receiving approval of a $210 million sale of one subsidiary and the scheduling of an auction for another. http://www.law360.com/articles/133966 http://www.law360.com/articles/133859 Accused of contributing to deadly contamination in Sauget, Ill., Pfizer Inc. is contending it has no viable connection to the town's Monsanto chemical plant — long the nation’s largest producer of polychlorinated byphenyls. http://www.law360.com/articles/133859 http://www.law360.com/articles/132570 After months of bitter rivalry, bankrupt Trump Entertainment Resorts Inc. and a committee of incensed noteholders have readied competing reorganization plans, leaving it for creditors to soon decide the future ownership of the gaming company. http://www.law360.com/articles/132570 http://www.law360.com/articles/132460 A bankruptcy court judge has approved bankrupt technology consulting firm BearingPoint Inc.'s disclosure statement, days after plaintiffs in a shareholder class action objected to the company's Chapter 11 liquidation plan. http://www.law360.com/articles/132460 http://www.law360.com/articles/132258 Bankrupt satellite operator ProtoStar Ltd.’s creditors are objecting to the debtor’s proposed $210 million asset sale to Intelsat Subsidiary Holding Co., arguing that ProtoStar passed up a better bid from Eutelsat America Corp. http://www.law360.com/articles/132258 http://www.law360.com/articles/131637 Lead plaintiffs in a securities fraud class action against bankrupt BearingPoint Inc. are opposing the technology consulting firm's proposed Chapter 11 liquidation plan, saying the plan doesn't take into account the impact of the litigation on the company's estate. http://www.law360.com/articles/131637 http://www.law360.com/articles/131619 Bankrupt automotive wheel producer Hayes Lemmerz International has reached settlements with two unions as well as the Pension Benefit Guaranty Corp. allowing the company to terminate its pension plan and reduce certain health benefits, appeasing financing providers and helping to clear the way for the company to emerge from Chapter 11 protection. http://www.law360.com/articles/131619 http://www.law360.com/articles/123987 Mezzanine loans — pricey but flexible forms of lower-tier debt — are growing in popularity as other borrowing sources continue to fall short, spurring increased demand for legal and financial professionals who are well-versed in such specialty financing areas, according to experts. http://www.law360.com/articles/123987 http://www.law360.com/articles/131238 Television network owner and operator Ion Media Networks Inc. has filed a supplement that fleshes out many of the details of its prepackaged Chapter 11 restructuring plan. http://www.law360.com/articles/131238 http://www.law360.com/articles/130018 A federal appeals court has affirmed a district court's $16 million award to Joyal Products Inc. over claims that Johnson Electric North America Inc. infringed Joyal's patent for a thermomechanical process used to manufacture connections in motors. http://www.law360.com/articles/130018 http://www.law360.com/articles/130052 A federal bankruptcy court has ordered Donald Trump and lender Beal Bank to disclose specific details about the stake they hold in bankrupt Trump Entertainment Resorts Inc., in an increasingly contentious battle over the casino company’s restructuring. http://www.law360.com/articles/130052 http://www.law360.com/articles/129765 Unsecured creditors of bankrupt satellite company ProtoStar Ltd. have sued The Bank of New York Mellon and Wells Fargo & Co., alleging they failed to prove that their liens have priority over other claims and seeking to stop them from auctioning off company assets that exist in outer space, an area of legal limbo. http://www.law360.com/articles/129765 http://www.law360.com/articles/129288 Rutgers University is seeking a declaratory judgment that it did not breach contracts with the operator of two international study firms, who accuses the school in a separate suit of wrongfully terminating its relationships with the firms as retaliation for publicizing the school's alleged tax transgressions. http://www.law360.com/articles/129288 http://www.law360.com/articles/129252 A federal appeals court has upheld a finding that a New York town and its volunteer fire department should not be held responsible for environmental cleanup costs stemming from the release of hazardous materials during a 2000 blaze that destroyed a privately owned building used to store chemicals. http://www.law360.com/articles/129252 http://www.law360.com/articles/129201 The official committee of unsecured creditors in Ion Media Networks Inc.'s bankruptcy has urged a district court not to take on a dispute between Ion and its second-lien lender Cyrus Select Opportunities Master Fund Ltd. over Ion's debtor-in-possession financing. http://www.law360.com/articles/129201 http://www.law360.com/articles/129183 TH Lee Putnam Ventures LP, the holder of the largest equity stake in Velocity Express Corp., has objected to the sale of the bulk of the bankrupt package delivery company to private equity firm ComVest Investment Partners III LP. http://www.law360.com/articles/129183 http://www.law360.com/articles/127489 In an intensifying grudge match over the restructuring of Trump Entertainment Resorts Inc., the first-lien lender has appealed the bankruptcy court’s decision to let a group of investors horn in on the Chapter 11 proceeding and submit a competing plan of reorganization. http://www.law360.com/articles/127489