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Chapter 9, the section of the bankruptcy code that governs municipal bankruptcies, is attractive for advisers, provided there is money to pay them. Unlike in Chapter 11, where billing is subject to court and regulatory review, Chapter 9 allows bills to stay between the adviser and its client.
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An internal review of the Clinton Foundation’s activities reportedly found that it was “threatened by conflicts of interest” due to links with Teneo, a finance and consulting firm that was advised by Mr Clinton and Tony Blair.
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Several justices had questioned whether the public had the ability to separate Sicari's position as a judge from roles he has played on the ABC hidden camera show "What Would You Do?" in which he has portrayed homophobic and racist characters. That dilemma played a central role in Thursday's ruling, as the justices noted that someone tuning into the show might not know that actors were used in the sketches. They applied the same standard for Sicari's stand-up performances.
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