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• Dewey & LeBoeuf ousts former chairman, while merger negotiations fail

  Apr 30 2012 Troubled US law firm Dewey & LeBoeuf has dumped former chairman Steven H. Davis, who is under criminal investigation for alleged financial improprieties.... more

• Dewey & LeBoeuf has until the end of the month to negotiate debt problem

  Apr 27 2012 Reports are circulating that troubled New York law firm Dewey & LeBoeuf is facing serious debt problems, and has until the end of the month to negotiate extending a... more

• Dewey's Hong Kong office is unaffected by the firm's troubles, says MP

  Apr 24 2012 Dewey & LeBoeuf has said that its troubles in the US have no bearing upon its operation in Hong Kong. Hong Kong managing partner Heng Loong Cheong said: “The Hong Kong... more

• US Court dismisses suit by retired partners of defunct firm Coudert

  Apr 17 2012 A US District Court has dismissed a claim brought by 24 retired partners from the now-defunct law firm Coudert. The group alleged that Baker & McKenzie, Orrick... more

• Law firms boost insurance in the face of increasing malpractice suits

  Feb 08 2012 Law firms are bulking up on insurance to protect themselves from litigation by former clients. Insurance and legal experts say that the recent increase in the number... more

• Kodak switches advisors in struggle to avoid bankruptcy

  Dec 06 2011 Photography company Kodak has switched legal advisors in the middle of its struggle to avoid bankruptcy, trading in Jones Day’s restructuring practice in favour... more

• US firms cut pro bono hours while need increases

  Dec 02 2011 Pro bono work at large law firms appears to be on the slide, as law firms cut costs in a difficult economy. Reports show that the average number of pro bono hours... more

• Dewey & LeBoeuf bolsters bankruptcy team in LA and SF

  Feb 08 2011 Dewey LeBoeuf has bolstered its bankruptcy practice with the hire of 10 specialists from Hennigan, Bennett & Dorman, including a co-founding partner, Bruce Bennett.... more

• Cravath Swaine & Moore gives pro bono bankruptcy advice to US municipality

  Nov 12 2010 Cravath Swaine & Moore is set to work pro bono for the city of Harrisburg, Pennsylvania, offering its bankruptcy to advise its city council concerning a potential... more

• Baker & Hostetler set to make $100 million in legal fees after Madoff ponzi scheme

  Oct 12 2010 Bernard Madoff may have been a scourge to his investors, but legal work on the infamous Ponzi schemer's bankruptcy continues to pay handsome dividends for Baker &... more

• Chapter 13 Class Schedule for September 2010

  Sep 13 2010 Chapter 13 Class Schedule for September 2010 Enroll at http://www.mybankruptcyschool.com September 13 - Getting Started and Pre-Qualifying Debtors September 16 -... more

• Bankruptcy Attorneys STONE HAVEN LAW GROUP, LLC.

  Aug 14 2010 Stone Haven Law Group is committed to helping individuals and families in the Inland Empire. We specialize in Chapter 7, Chapter 11 and Chapter 13 Bankruptcy,... more

• Firms criticised over legal bills in Lehman bankruptcy proceedings

  May 07 2010 Certain law firms the Lehman bankruptcy have come under harsh criticism from Washington's "Pay Czar" for overspending. Kenneth Feinberg works for the the US... more

• Weil Gotshal's 2009 results fail to meet expectations

  Mar 09 2010 Weil, Gotshal & Manges has posted flat gross revenue and a slight rise in profits per partner for the year 2009. The results are somewhat disappointing considering the... more

• Three former Rothstein law firm partners sued for $18m

  Feb 16 2010 Attorneys presiding over the liquidation of Scott Rothstein’s bankrupt law firm demanded in lawsuits filed Thursday, that three of Scott Rothstein’s former law... more

• Lehman examiner Valukas fights to make Lehman report public

  Feb 10 2010 Jenner & Block chairman 66-year-old Anton Valukas, court-appointed receiver in the Lehman Brothers bankruptcy, has completed his probe. Valukas, a former federal... more

• Weil Gotshal advises American Capital on restructuring

  Feb 09 2010 Weil Gotshal & Manges LLP is advising American Capital Ltd., an alternative investment firm with $12 billion in assets, as it tries to win support for an out-of-court... more

• South Florida law firm Rothstein will agree to bankruptcy

  Dec 30 2009 Ft. Lauderale-based law firm Rothstein Rosenfeldt Adler law firm will agree to a petition for bankruptcy on Monday, said Jordi Guso, bankruptcy attorney for the firm,... more

• Weil Gotshal's Lehman fees reach $127m

  Dec 15 2009 Weil, Gotshal & Manges has billed Lehman Brothers $127.1 million in fees and expenses for its role as lead debtors' counsel. According to a new bankruptcy report... more

• Law firm co-founder Scott Rothstein officially disbarred

  Nov 27 2009 Fort Lauderdale attorney Scott Rothstein, co-founder of the 70 attorney-firm Rothstein Rosenfeldt Adler, has been disbarred by the Florida Supreme Court. Scott is... more

• Bankrupt Coudert sues Baker, Dechert and DLA for millions

  Nov 24 2009 The liquidation agent for the defunct Coudert Brothers law firm has filed claims against Baker & McKenzie, Dechert and DLA Piper seeking a chunk of profits those firms... more

• Bankruptcy Boutiques Are ‘Quietly Booming’

  Nov 10 2009 The declining economy is good news for boutique law firms handling business bankruptcies. “Bankruptcy boutiques across the country have been quietly booming in this... more

• 85-year old US law firm Thelen files for bankruptcy

  Sep 21 2009 Thelen LLP, a US law firm founded in 1924 in San Francisco, filed for Chapter 7 bankruptcy in the Southern District of New York on Thursday night, almost a year after... more

• Shearman, Baker, Weil advise on $2.8bn chicken deal

  Sep 17 2009 Shearman & Sterling and Baker & McKenzie took lead roles in the acquisition of a majority stake in the bankrupt Kentucky Fried Chicken supplier Pilgrim's Pride by... more

• Jones Day claims Barclays sale was based on 'inaccurate record'

  Sep 17 2009 Jones Day, the law firm which represents the Lehman estate, claims Barclays and certain Lehman executives offered a record that was "inaccurate due to mistakes,... more

• Chadbourne expands London bankruptcy group with Paul Hastings hire

  Sep 01 2009 Chadbourne & Parke LLP announced that Alper Deniz has joined the bankruptcy and financial restructuring practice in the London office as a partner. Prior to joining... more

• Greenberg Traurig loses bankruptcy team in Phoenix

  Aug 21 2009 Five bankruptcy attorneys at Greenberg Traurig's Phoenix office are jumping to 100-lawyer Gallagher & Kennedy. more

• Weil Gotshal's Lehman bankruptcy fees exceed $100m

  Aug 19 2009 Weil Gotshal & Manges is set to pass the $100m mark in total billings on the Lehman Brothers bankruptcy, reports legalweek. Weil Gotshal's first request for $55m... more

• Weil, Gotshal & Manges advises on jewelry chain bankruptcy

  Aug 07 2009 Weil, Gotshal & Manges has added another major US retail company to list of bankruptcy mandates. Weil is representing jewelry retailer Finlay Enterprises, which has... more

• Horst Piepenburg resigns as Arcandor insolvency administrator

  Jul 17 2009 Horst Piepenburg, member of the insolvency administrator team of Arcandor AG and fully authorized representative of the German-based retail and tourism holding,... more

• Clifford Chance loses restructuring star Kolja von Bismarck to Linklaters

  Jul 17 2009 German corporate restructuring expert Kolja von Bismarck has been appointed as a partner at Linklaters' Berlin office. Von Bismarck was a partner at Clifford Chance... more

• Madoff liquidator Baker & Hostetler asks for $14.7 Million legal fees

  Jul 13 2009 Baker & Hostetler LLP, the law firm charged with liquidating Bernard Madoff's defunct firm and marshaling assets for victims of his fraud, on Friday asked a bankruptcy... more

• GM paid Weil Gotshal $54m before bankruptcy

  Jun 16 2009 Before General Motors sought Chapter 11 protection, it paid $54 million legal fees to the restructuring team at New York law firm Weil, Gotshal & Manges LLP, which... more

• Weil Gotshal cuts staff despite strong results

  Jun 02 2009 Weil Gotshal & Manges LLP, which has about 43 lawyers in Boston and 1,215 lawyers firm-wide, has laid off 79 non-legal staff across all of its U.S. offices. The... more

• Law firms will make millions in GM bankruptcy

  Jun 02 2009 General Motors’ bankruptcy filing today will divert millions of dollars to bankruptcy lawyers at two major New York firms - Weil Gotshal and Dewey & LeBoeuf. more

• Foley & Lardner hit by departure of bankruptcy attorneys

  May 12 2009 Milwaukee-based Foley & Lardner L.L.P. has lost Detroit-based bankruptcy attorney Judy O’Neill and David Dragich who both departed the firm to become founding partners... more

• 30 Jones Day attorneys advise Chrysler on bankruptcy, restructuring

  May 12 2009 At team of 30 Jones Day attorneys, led by Corinne Ball in Manhattan and David Heiman in Cleveland, will steer Chrysler through a bankruptcy that is considered the... more

• Lehman's affiliate in Germany seeks bankruptcy protection in US

  Apr 29 2009 The German affiliate of now-defunct investment firm Lehman Brothers, known as Lehman Brothers Bankhaus AG, recently requested insolvency protection under Chapter 15 of... more

• Are bankruptcy-related M&As on the rise?

  Apr 14 2009 Reports exist that bankruptcy-related acquisitions and mergers have reached their highest levels in almost five years. Moreover, numerous experts suggest that such... more

• Madoff victims sue to compel his bankruptcy

  Apr 13 2009 Victims of a fraud to which former financial advisor Bernard Madoff pleaded guilty last month have filed a request in US Federal court to compel his bankruptcy under... more

• Simpson Thacher recruits White & Case's Sandeep Qusba

  Apr 07 2009 US firm Simpson Thacher & Bartlett has announced that Sandeep Qusba, most recently a partner at White & Case, has joined joining the ranks of its bankruptcy and... more

• JP Morgan brings action to protect WaMu asset purchase

  Mar 26 2009 In response to a US bankruptcy court action brought by the former parent of failed lender Washington Mutual, US bank JP Morgan sought a declaration that it properly... more

• McCarter Bankrupt? Nope!

  Mar 23 2009 A rumour has been circulating -- even in such reputable places as the US business journal -- that US firm McCarter & English had filed for bankruptcy protection. In... more

• Goodmans takes top spot in Canadian insolvency lawyers poll

  Mar 11 2009 Legal Post has published a list of top Canadian insolvency law players, ranked according to a veteran lawyer's poll: 1. Goodmans 2. Osler, Hoskin & Harcourt 3.... more

• Heller Ehrman 's departing partners took $7 million in 2008

  Feb 25 2009 Dissolved US firm Heller Ehrman paid out more than $7 million to 35 departing or retiring partners in 2008, a bankruptcy filing by the firm shows. more

• White & Case allies with Hong Kong's Laracy Gall

  Feb 16 2009 White & Case has joined forces with Hong Kong dispute resolution boutique Laracy Gall, preparing for a flood of bankruptcies in South East Asia. White & Case has... more

• Law firms still hire attorneys in some practice areas

  Feb 13 2009 Law firms are still looking for attorneys in certain specialist areas, such as bankruptcy and foreclosures, litigation, corporate securities and patent prosecution. more

• $1,000-an-hour bankruptcy lawyer fees excessive?

  Feb 06 2009 Bankruptcy lawyer fees broke through the $1,000-an-hour barrier for the priciest bankruptcy legal advice. Skadden, Arps, Slate, Meagher & Flom's rates top out at... more

• Sonnenschein, Cadwalader advise on auto restructuring

  Feb 06 2009 The US government has hired two law firms with bankruptcy experience - Sonnenschein, Nath & Rosenthal, and Cadwalader, Wickersham & Taft - to advise the Treasury... more

• Madoff trustee hires Lovells to hunt for missing assets

  Feb 06 2009 Irving Picard, the trustee in charge of the liquidation of Bernard Madoff's brokerage, has asked UK law firm Lovells to serve as special counsel in foreign proceedings... more

• Bankruptcy lawyers ask up to $18.50 per minute

  Jan 28 2009 Bankruptcy lawyers at Kirkland & Ellis LLP are asking as much as $18.50 a minute for bankruptcy work while creditors are recovering less of their loans through company... more

• Davis Polk & Wardwell hires bankruptcy veteran Michael Crames

  Jan 28 2009 Davis Polk & Wardwell announced it has hired bankruptcy veteran Michael Crames as senior counsel. Crames co-authored of the "The Fundamentals of Bankruptcy and... more

• Dewey hires Weil Gotshal bankruptcy partner Michael Kessler

  Jan 21 2009 Dewey & LeBoeuf has hired Weil, Gotshal & Manges partner Michael Kessler, who joins the business solutions and governance practice in New York. Kessler follows... more

• O'Melveny bankruptcy co-chair Sage quits for Dechert

  Jan 13 2009 Michael Sage, the co-head of restructuring at O'Melveny & Myers, has joined Dechert in the latest in a series of high-profile moves in the bankruptcy Bar. Sage has... more

• Cadwalader loses bankruptcy co-chairman Zirinsky to Greenberg

  Jan 09 2009 Cadwalader Wickersham & Taft's co-chair of restructuring Bruce Zirinsky and bankruptcy partner John Bae will leave the firm to join rival Greenberg Traurig. New... more

• Sidley Austin asks $1,100 hourly for Tribune bankruptcy work

  Dec 31 2008 Lawyers at Sidley Austin are asking as much as $1,100 an hour for bankruptcy work on Tribune Co., surpassing the rates charged by Weil, Gotshal & Manges in the Lehman... more

• Heller Ehrman files for bankruptcy protection

  Dec 30 2008 Heller Ehrman LLP, the San Francisco-based law firm that voted to dissolve in September, was put into bankruptcy after the committee formed to wind up the business... more

• Dreier to file for bankruptcy

  Dec 17 2008 A receiver for the Dreier law firm says it will soon file for bankruptcy, following an alleged massive fraud by its founder and sole equity partner, Marc Dreier. more

• Chrysler hires law firm Jones Day as bankruptcy counsel

  Dec 08 2008 Chrysler hired the prominent bankruptcy firm Jones Day several weeks ago to provide counsel for a possible Chapter 11 filing, according to several people familiar with... more

• Linklaters, Nabarro take lead roles on latest bank insolvency

  Dec 01 2008 Linklaters and Nabarro are advising the financial services company London Scottish Bank, which went into administration today. London Scottish Bank specializes in... more

• Goldman bankruptcy lawyer Sprayregen returns to Kirkland & Ellis

  Dec 01 2008 After three years at Goldman Sachs, James H. M. Sprayregen will return to law firm Kirkland & Ellis, where he spent 16 years advising companies on restructuring and... more

• Allen & Overy flies bankruptcy star Frauman back to New York

  Nov 11 2008 The hike in restructuring work in New York has forced Allen & Overy to relocate senior restructuring partner David Frauman to New York after a six-year secondment in... more

• Weil Gotshal on Lehman's $2.15bn Neuberger Berman sale

  Oct 01 2008 Weil Gotshal & Manges, Lehman's bankruptcy counsel, is handling the sale of Lehman's asset management unit, Neuberger Berman, to Bain Capital and Hellman & Friedman... more

• Wall Street woes could spark litigation increase

  Oct 01 2008 The recent financial fallout among the major banks could spur increases in litigation. Private sector buys bad debts. Some law firms have seen an increase in... more

• Linklaters puts 20 partners on Lehman job

  Sep 22 2008 The number of Linklaters partners advising on the Lehman Brothers UK administration has climbed to 20 in the space of five days - one of the biggest senior legal teams... more

• Milbank Tweed grabs Lehman creditor role

  Sep 19 2008 Milbank Tweed Hadley & McCloy has landed a role advising the creditors’ committee of Lehman Brothers, which recreates the law firm line-up of the Enron bankruptcy.... more

• Lehman lets Weil Gotshal reclaim bankruptcy lead from Kirkland

  Sep 16 2008 Weil Gotshal & Manges LLP is advising Lehman Brothers on its bankruptcy filing. US firm Weil Gotshal, the No. 1 bankruptcy firm for decades representing almost... more

• Lehman hires Weil Gotshal & Manges for biggest bankruptcy filing in history

  Sep 15 2008 Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history.... more

• Trustee Targets Smith Gambrell in Hedge Fund’s Downfall

  Aug 07 2008 A bankruptcy trustee contends that the Atlanta law firm of Smith, Gambrell & Russell failed to prevent the founder of a now-defunct Atlanta investment firm from... more

• Kirkland Shoves Weil Gotshal Aside as Leading Bankruptcy Firm

  Jun 03 2008 Martin Bienenstock, the lawyer who led the Enron Corp. bankruptcy case, left Weil, Gotshal & Manges late last year. The restructuring business he helped build may be... more

• Greenberg Traurig bills $1.3M in First Magnus case

  Apr 28 2008 Greenberg Traurig, the main law firm handling First Magnus Financial Corp.'s bankruptcy case, has submitted a payment request totaling $1.36 million. more

• Bankruptcy Trustee Sues McDermott Will for Malpractice

  Apr 17 2008 A bankruptcy trustee for Saint Vincent's Catholic Medical Centers of New York has sued McDermott, Will & Emery for $1.2 billion in damages for legal malpractice, fraud... more

• Hiring: Bankruptcy, Litigation, Corporate Governance Expertise in Demand

  Mar 30 2008 Despite mixed economic reports, nearly half (45 percent) of law firms and corporate legal departments expect to hire additional lawyers in the next 12 months, a new... more

• Bankruptcy Law Backfires as Foreclosures Offset Gains

  Nov 10 2007 The new bankruptcy laws are helping drive foreclosures to a record as homeowners default on mortgages and struggle to pay credit card debts that might have been wiped... more