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“We continue to live in a volatile world, particularly with many over-leveraged companies,” noted Andrew Troop, Pillsbury’s restructuring practice leader.        

“[T]the statute imposes ‘liquidated damages’ triggered by a short and arbitrary compliance deadline, without any consideration of fault or extenuating circumstances,” the motion to dismiss states.        

“The district court never explained what in the record supported its conclusion that the cease-and-desist order was just and proper,” Judge Richard Wesley wrote for the Second Circuit.        

Jeffrey Taylor, who didn’t land the Fox chief legal officer post after it opened up last year, is jumping to the oil-and-gas giant.        

Biden is expected to formally submit his nominees to the U.S. Senate for confirmation hearings in the very near future, where the nominees appear to have immediate support from their home-state senators.