Judge OKs Skadden's Role As Special Counsel To Dana

Law360, New York (March 28, 2007, 12:00 AM EDT) -- A bankruptcy judge has authorized Dana Corp. to retain New York law firm Skadden Arps Slate Meagher & Flom as its special counsel, after the court cleared the firm of any potential conflict of interest.

The petition was granted Monday by the U.S. bankruptcy court in Manhattan, some seven months after Dana first petitioned to have the law firm appointed to the role in its Chapter 11 proceedings.

Dana spokesman Fred Spar said Wednesday the company filed its motion in August 2006, but the conflict of...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.