Word: sharing
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...even though the Michigan court has deep experience with auto-related bankruptcies - it has handled those of partsmakers such as Collins & Aikman, Intermet and Plastech Engineered Products - and has fielded its share of megacases, including the landmark bankruptcy that resulted from lawsuits against Dow Corning over silicone breast implants, landing GM may be an uphill battle. "The [lawyers] for the automobile companies sleep much closer to New York and Delaware than they do to Detroit," says Hugh Ray, a partner at the Houston-based law firm Andrews Kurth who is also admitted to the New York bar. "You're afraid...
...companies - to the detriment of creditors and labor unions. "Whoever gets this case must rule for management, or else they'll never get another corporate case," he says. Others aren't convinced the outcome is so nefarious, though the system certainly does give particular judges more than their fair share of influence over bankruptcy case law. "You normally expect various decisions through various courts, which creates the opportunity for the development of the law," says Jeffrey Morris, a law professor at the University of Dayton. "But if you're in the same district all the time, decisions are made...
...billion into New York City--based private-equity firm Blackstone in return for a 10% stake in the company--just before the bottom fell out of U.S. debt and equity markets. That deal was followed by a $5 billion purchase of a 9.9% stake in Morgan Stanley, whose share price has since fallen by more than half...
...positions. No one has debates on Twitter. YouTube is covered in comments that would be better expressed—and better spelled—via a simple thumbs-up or down. Face-to-face conversation, too, has slipped more and more into commentary. People talk to pass the time, share information, and entertain each other...
...AIDS Media Partnership, of the more than 6000 people surveyed, nearly 48% said they wouldn't knowingly eat with an HIV positive person. Thirty percent said HIV positive children should not be allowed to study at the same schools as uninfected children, and 40% said they would not willingly share workspace with a colleague they knew was HIV positive. The government has taken steps to improve these attitudes, including implementing an anti-discrimination law in March 2006, but perceptions like these don't help in the fight to educate people about their own risk of infection. "It's not something...