The co-head of Weil, Gotshal & Manges’ bankruptcy practice has left to launch a new practice group for Dewey & LeBoeuf. One of the nation’s most well-known bankruptcy lawyers, Martin J. Bienenstock is the first high-profile partner to be recruited by Dewey & LeBoeuf, the product of a recent merger. The loss of Bienenstock follows the March departure of four prominent Weil Gotshal bankruptcy …

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Calpine Corp. is free to abandon $80 million in payments made to businesses before it filed for bankruptcy, a small portion of the $2 billion it plans to walk away from once its bankruptcy-exit plan is confirmed.

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Environmental group and developer trade barbs over repayment plan. Austin’s federal bankruptcy courts have long had to hear pleas of protection from developers gone bust.

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Co-signer’s legal obligation in Chapter 7 depends on state statute, says the Bankruptcy Adviser.

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