The U.S. trustee overseeing the bankruptcy case of the Los Angeles Dodgers has objected to about $350,000 in legal fees and expenses, arguing that work billed by attorneys to obtain financing over the summer was “not reasonably likely to benefit” the team.
Dorsey & Whitney’s role as Minnesota’s chief bond counsel has been terminated by the state’s AG because of alleged conflicts of interest that arose during Minnesota’s budget battle this summer. The firm has earned $2.5 million for handling state bond matters over the past four years.
In a case indicative of how sensitive authorities have become in the decade since the Sept. 11 terrorist attacks, a corporate videographer could face five years in prison on a felony charge over an incident that shut down a section of downtown Miami this summer.
The market for initial public offerings cooled this summer along with the global economy, but the last week of August brought a flurry of new filings. Ten companies filed their intentions to go public this week, making it the most active week for IPOs since the beginning of May.
For the second time this summer, a former female partner at Booz Allen Hamilton has filed a multimillion-dollar gender discrimination lawsuit against the consulting firm, accusing officials of actively denying women the chance to move up to top leadership positions.