News from November, 2011

Ken Yager Quoted in Law360 Article: Soaring Labor Costs Clip American’s Wings

After allowing it's labor costs to balloon over the past decade while it's competitors streamlined in Chapter 11, American Airlines Inc. now faces the thankless task of tearing down those expensive employment agreements in hopes of emerging a more competitive carrier, attorneys say, read more

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Really Cool Foods’ closure hits hard

Really Cool Foods, the organic food processor that built and opened a state-of-the-art production and distribution center in the Gateway Industrial Park just north of Cambridge City in 2008, closed its doors for good Monday. read more

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Loan on Lincoln Park condo project on the market

The $6.4-million construction loan on a stalled Lincoln Park condominium project is up for sale, an opportunity for investors willing to shell out millions to complete construction and convert to rentals in a hot apartment market. read more

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Impact of Commodity Volatility on Insolvency Work

Much has been written over the last few years about rising commodity costs such as oil, steel, corn, and many others. However, the commodity issue is much more importantly an issue of volatility. Volatility is a much more complex business issue than one of simply increasing commodity costs because it is much more difficult to plan for volatility than it is to plan for steadily increasing, or steadily decreasing commodity costs. read more

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Turnaround Leader Midanek Joins MorrisAnderson Board

New MorrisAnderson director and restructuring professional Deborah Hicks Midanek has served on more than a dozen corporate boards over the past two decades. read more

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Ken Yager Quoted in Law360 Article: Ruden McClosky Ch. 11 Fate Could Await Other Firms

The failure of Florida law firm Ruden McClosky PA, and its sale in bankruptcy court, could portend a similar fate for other law firms, especially those that haven't protected themselves by diversifying beyond areas hit hardest by the financial crisis, experts say. read more

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