Edward Weisfelner News
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Creditors of bankrupt Dewey & LeBoeuf LLP asked a judge to approve payments of $1,055 an hour for their lawyer, Edward Weisfelner, in at least the 10th request for professionals to assist with the law firm’s liquidation.
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A New York judge said he will rule later this month on whether to stop a foreclosure sale on the Stuyvesant Town-Peter Cooper Village apartment complex sought by investors including William Ackman .
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The lawyer who helped craft a proposed $8.5 billion settlement with Bank of America Corp. over soured mortgages urged some of her biggest bondholder clients to oppose a more aggressive stance set forth by a rival attorney, Bloomberg News Jody Shenn and David McLaughlin report.
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Pershing Square Capital Management LP and Winthrop Realty Trust lost their bid to halt a planned foreclosure sale next week of the Stuyvesant Town-Peter Cooper Village apartment complex in Manhattan.
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Hewlett-Packard Co. and Oracle Corp. said they resolved litigation over the appointment of Mark Hurd as a president of Oracle and reaffirmed the long-term partnership between the two companies.
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The leveraged buyout of Lyondell Chemical Co. in 2007 benefited the company’s board as well as billionaire Len Blavatnik, who gained $1.2 billion, according to a revised lawsuit brought by the company’s creditors.
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Senior debt holders of Stuyvesant Town-Peter Cooper Village, Manhattan’s biggest rental complex, plan to proceed with an Oct. 4 foreclosure sale after a judge blocked a rival group’s move to take control of the apartments.
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Pershing Square Capital Management LP and Winthrop Realty Trust sought a court order halting the lender foreclosure of New York City’s Stuyvesant Town Peter Cooper Village apartment complex.
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Pershing Square Capital Management LP and Winthrop Realty Trust’s $45 million investment in Manhattan’s Stuyvesant Town-Peter Cooper Village is in jeopardy after the companies failed to stop a planned foreclosure sale.
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Pershing Square Capital Management LP and Winthrop Realty Trust said they have the right to proceed with their planned foreclosure auction for Manhattan’s Stuyvesant Town-Peter Cooper Village apartment complex.
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