NEW YORK – Haynes and Boone, LLP Partner
Judith Elkin has been selected as the 2013 recipient of the International Women's Insolvency & Restructuring Confederation (IWIRC) Melnik Award recognizing exceptional contributions by a member.
Since joining the organization in 1994, Elkin has significantly contributed to the growth of the IWIRC by serving on the board of directors for more than 10 years and participating in projects such as the IWIRC’s rebranding initiative through the development and implementation of a new logo and website, restructuring IWIRC’s board of director’s structure and bylaws, and fostering its expansion to over 1,200 members and 38 networks around the world. >>
NEW YORK – Haynes and Boone, LLP New York welcomes back
Todd Ransom as a partner in the firm’s
Prime Brokerage and Equity Lending Practice Group, a specialized practice focused on leveraged and derivative products and brokerage transactions used by financial institutions and private and public funds. >>
NEW YORK – The Haynes and Boone, LLP New York Real Estate practice has added Of Counsel
Nicholas Hoffman, bolstering the firm’s abilities to represent institutional and private clients in sophisticated transactions. >>
NEW YORK – Two New York Haynes and Boone, LLP partners have been named as panelists for the Strafford Continued Learning Education (CLE) live webinar, “Collateral Protection for Financial Assets: Current Legal Trends” on Tuesday, Dec. 4. >>
Business owners and investors are rapidly maneuvering to shield themselves from the prospect of higher taxes next year, a strategy that is sending ripples across Wall Street and broad areas of the economy.
Take Steve Wynn, the casino magnate, who has been a vocal critic of higher tax rates. He and his fellow shareholders in Wynn Resorts, the company announced, will collect a special dividend of $750 million on Tuesday, a payout timed to take advantage of current rates. Experts estimated that taking the payout this year instead of next could save Mr. Wynn, who owns a sizable stake in the company, more than $20 million. >>
The issue is whether a Chapter 11 plan can be crammed down over the secured lender’s objection where the plan provides for the sale or transfer of the secured lender’s collateral with the proceeds going to the secured lender without the secured lender having the right to credit bid for its collateral up to the full amount of its claim. >>