December 16, 2014
Partner James S. Carr, special counsel Benjamin D. Feder, and associate Dana P. Kane are noted as counsel to Coldwater Creek Inc.’s liquidating trustee in the Law360 article “Coldwater Creek Asks To Sell Its Piece Of $6B Swipe Fee Deal.” The article discusses Coldwater Creek Inc.'s liquidating trustee’s appeal to the Delaware bankruptcy court to sell its share of a $6 billion settlement with Mastercard Inc. and Visa Inc. over fixed prices for credit card swipes. If the court approves Coldwater Creek’s proposal, the bankrupt company’s creditors could receive a cut of what the former retail chain may generate from selling its portion of the settlement.
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