http://www.law360.com/ Latest articles for organization: Weil Gotshal Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135520 In a victory for investors who collect securities settlements from soon-to-be bankrupt companies, noteholders including Alfa SAP and two ING funds will not have to return early payments they received from Enron to the Enron Creditors Recovery Corp. http://www.law360.com/articles/135520 http://www.law360.com/articles/135439 The federal judge overseeing a securities class action against Vivendi SA has rejected the plaintiffs’ bid to force the French entertainment giant to withdraw a suit it filed in Paris seeking to bar two class representatives from participating in the U.S. case, instead taking steps to obviate any need for the courts to infringe on each other’s jurisdictions. http://www.law360.com/articles/135439 http://www.law360.com/articles/135498 NTK Holdings Inc. — the parent company of heating, ventilation and consumer technology manufacturer Nortek Inc. — has received approval to retain Weil Gotshal & Manges LLP and a number of other professionals for its prepackaged bankruptcy case. http://www.law360.com/articles/135498 http://www.law360.com/articles/135260 Bankrupt mall operator General Growth Properties Inc. has struck a deal to restructure $8.9 billion in mortgage loans on 70 properties that it hopes to remove from bankruptcy by the end of the year, while rival Simon Property Group Inc. is considering a bid for GGP's assets. http://www.law360.com/articles/135260 http://www.law360.com/articles/134868 Just one day before a hearing, a group of creditors threw their support behind a Lehman Brothers Holdings Inc. plan to restructure the loan terms on its faltering real estate portfolio. http://www.law360.com/articles/134868 http://www.law360.com/articles/134921 So-called father of the Pentium microprocessor Vinod K. Dham and Harvard University professor Krishna G. Palepu are among the former directors of Satyam Computer Services Ltd. trying to shake a consolidated class action implicating them in the $1 billion accounting fraud at the company. http://www.law360.com/articles/134921 http://www.law360.com/articles/134616 In a rare move, a district judge has retroactively vacated a 20-year-old permanent injunction blocking hair care product distributor Quality King Distributors Inc. from buying or selling L'Oreal USA Inc.'s Matrix line of professional products, finding that L'Oreal actually profited from the ostensibly anti-competitive behavior it sought to curtail. http://www.law360.com/articles/134616 http://www.law360.com/articles/134825 Teva Pharmaceuticals Industries Ltd. has dropped claims for unfair competition and trade secrets misappropriation against Sandoz Inc. and parent company Novartis AG in a patent dispute over the multiple sclerosis drug Copaxone. http://www.law360.com/articles/134825 http://www.law360.com/articles/134578 The bankruptcy estate of Lehman Brothers Holdings Inc. has sued Barclays Capital Inc., claiming the investment division of Barclays Bank PLC improperly reaped a $5 billion windfall in breach of their asset purchase contract when it hurriedly scooped up Lehman assets last fall. http://www.law360.com/articles/134578 http://www.law360.com/articles/134364 Asserting that the plaintiffs have failed to allege monopolistic practices despite ample discovery time, banks and credit unions in First Data Corp.’s Star electronic payment network have asked a judge to snuff out a long-standing proposed class action accusing the companies of fixing ATM service charges. http://www.law360.com/articles/134364 http://www.law360.com/articles/134279 After a grueling fight that has spanned many years and multiple courts, a district court judge has handed Asarco LLC back to its parent companies and put an end to the copper giant's stint in Chapter 11, as well as its asbestos liabilities. http://www.law360.com/articles/134279 http://www.law360.com/articles/134394 Complaining that the response deadlines are too draconian, U.S. Bank NA, Deutsche Bank National Trust Co., a consortium of energy investment funds and others have objected to sweeping document requests made by Lehman Brothers Holdings Inc. as it attempts to assemble a confirmable Chapter 11 exit plan. http://www.law360.com/articles/134394 http://www.law360.com/articles/134290 With lenders' blessing, U.S. mattress manufacturer Simmons Bedding Co. entered Chapter 11 bankruptcy Monday, aiming for a speedy turnaround under a plan that would halve its debt and, for $760 million, transfer ownership to equity investors who also control the maker of rival mattress line Serta. http://www.law360.com/articles/134290 http://www.law360.com/articles/133338 A federal judge has denied Conceptus Inc.'s motion for a preliminary injunction in its patent infringement suit against Hologic Inc., allowing the rival medical device maker to continue selling a permanent contraception system that does not involve incisions. http://www.law360.com/articles/133338 http://www.law360.com/articles/133040 Struggling from debt from defaults in the small-business credit market, credit card issuer Advanta Corp. has filed for Chapter 11 bankruptcy protection and has said it may be forced to turn its banking unit over to federal regulators. http://www.law360.com/articles/133040 http://www.law360.com/articles/132788 Aruba Networks Inc. said Friday that it would pay $19.75 million to settle a patent dispute with Motorola Inc. and three of its subsidiaries over wireless networking technology. http://www.law360.com/articles/132788 http://www.law360.com/articles/132779 The founders of Skype Ltd. have laid down their swords in a battle over eBay Inc.'s $2.75 billion sale of the majority of Skype to a group of private investors, agreeing to drop an intellectual property suit and other litigation in exchange for a stake in the Internet telephony company. http://www.law360.com/articles/132779 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/132290 After negotiating with regulators in four countries, Panasonic Corp. on Wednesday announced its plans to make a tender offer valued at a minimum of $4.5 billion to acquire all shares of its rival Sanyo Electric Co. http://www.law360.com/articles/132290