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Search results for tag "Debt"

• Tough going in Scotland: redundancies, defections and shutters

  May 09 2012 Scottish firm Maclay Murray & Spens has initiated a redundancy consultation in its Private Client department, with four support staff roles and two legal roles at... 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

• Dewey & LeBoeuf in discussions with its bankers over 9-figure debt

  Apr 04 2012 Troubled US firm Dewey & LeBoeuf has confirmed that it is in discussions with its bankers concerning the large debt that stands on the firm’s accounts. The firm’s... more

• Recession-era measures seem as though they are here to stay

  Feb 02 2012 The cost-cutting measures undertaken by law firms in the recession – including smaller entry-level classes, stagnant salaries and an impossibly long road to... more

• Herbert Smith's bank borrowings reach £70.9m

  Jan 26 2012 Bank borrowings at Herbert Smith grew from £59.5m to £70.9m in 2010-11, bringing total debt back up to near 2008-09 levels, the firm’s LLP accounts have revealed.... more

• Herbert Smith's bank borrowings reach £70.9m

  Jan 26 2012 Bank borrowings at Herbert Smith grew from £59.5m to £70.9m in 2010-11, bringing total debt back up to near 2008-09 levels, the firm’s LLP accounts have revealed.... more

• US student loans are becoming a big problem

  Aug 19 2011 The folks over at Above the Law predict an imminent student loan default crisis as a result of high tuition costs and poor job prospects faced by graduates. “For many... more

• US News ranks law schools on basis of graduate starting salary

  Mar 31 2011 US News, those inventive list makers, has come up with yet another ranking system for prospective law students: “10 Law Degrees With Most Financial Value at... more

• Banks won't tolerate problems at law firms: the collapse of Yoss

  Mar 16 2011 Yoss LLP has announced that it will close by 31 March, after negotiations with the firm’s bank broke down. Coming after months of partner defections and payment... more

• Head of leading Scottish firm predicts unprecedented consolidation in legal services market

  Mar 15 2011 The chief executive of Shepherd and Wedderburn, Patrick Andrews, say that he is amazed by the number of approaches that he has received from senior lawyers who are... more

• Two US law schools reduce admissions: “It is the ethical and moral thing to do”

  Mar 15 2011 A range of commentators have criticised US law schools for offering expensive education that offers no guarantee of a legal career in a tough economic climate. Though... more

• Winston & Strawn makes offers to three quarters of the Howrey partnership

  Feb 03 2011 After the Chicago-based Winston & Strawn dropped merger negotiations with Howrey, the firm has moved to raid Howre’s talent-base instead. According to reports, Winston... more

• Law students angry over the false promise of law school

  Nov 01 2010 During the recession law school increased in popularity, with the number of LSAT takers climbing 20.5 per cent between 2007 and 2009, and law schools seeing more... more

• Georgia State named 'best value' US law school

  Sep 30 2010 While the recent recession has slowed hiring at many law firms, costs of tuition and costs of living continue to rise. Law students are therefore beginning to look... more

• Many Halliwells partners are still in the hole

  Sep 03 2010 Some Halliwells partners still owe on loans of more than £500,000, after borrowing money to finance contributions to the firm over the past few years. The troubled... 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

• Tata Steel raises $2.08 billion via debt; Luthra advises

  May 14 2010 The world’s eighth largest steel manufacturer, Tata Steel, has successfully raised a debt of $ 2.08 billion (Rs. 9,061 crore) from a consortium of 22 banks led by the... more

• UK firms increase borrowing, rather than asking partners to pitch in

  Mar 16 2010 Top UK law firms have increased borrowing by 40 per cent in response to the financial crisis, according to an article published in Times Online today. The legal... more

• Paul Weiss, Akin Gump Handling Houghton Mifflin's Debt Restructuring

  Feb 26 2010 Houghton Mifflin Harcourt, the Boston-based publisher of educational materials, announced earlier this week that it had secured $650 million from new institutional... more

• DLA Piper sees net debt increase by 80% to £53m

  Feb 06 2010 DLA Piper's net debt grew by 80% to £53m, during the 2008-09 financial year. DLA's staff costs increased £237.9m, the firm's limited liability partnership (LLP)... more

• Almost 1/3 of Law Students Expect to Graduate with $120K Debt

  Jan 08 2010 The percentage of law students expecting to graduate with more than $120,000 in student debt is continuing its upward climb. more

• Dubai debt group looks to Ashurst

  Dec 02 2009 Ashurst has picked up a key role advising a group of bondholders in relation to Dubai’s debt standstill. A group holding more than 25 percent of the nominal value... more

• Norton Rose partners inject extra £5m to reduce debt

  Oct 02 2009 Norton Rose partners paid in an extra £5m in capital during the 2008-09 year, with much of the additional money going to reduce borrowings, reports legalweek. more

• White & Case advises on high-yield deals worth US$27bn

  Aug 08 2008 Despite the continued slowdown in the debt finance markets and the defection of key members of its banking & finance team, law firm White & Case LLP is advising on... more

• Baker & McKenzie Represents TD Banknorth and WestLB in Financing of Ethanol Biorefinery in Pennsylvania

  Feb 25 2008 TD Banknorth and WestLB Arrange $205 Million of Senior Debt Financing for First Ethanol Plant in Pennsylvania and First to be Financed with a Long-Term Ethanol Offtake... more

• Allen & Overy Claims Pole Position in 2007 Debt Capital Markets Tables

  Feb 11 2008 Allen & Overy has held on to the top spot in the latest international debt capital markets rankings, with the Magic Circle firm seizing an 8 percent market share for... more