June 25, 2012 | Inside Counsel
Dewey’s 50 largest account debtors namedThe clock is ticking, and creditors are anxiously awaiting the moment when the checks arrive in the mail from defunct New York law firm Dewey & LeBoeuf. But first, the firm needs to call in all of its unpaid bills.
By Alex Vorro
4 minute read
June 21, 2012 | Inside Counsel
Law school applicants value school rankings over job placement ratesGiven that fresh-faced law school grads are facing the worst job market in 18 years, you might think pre-law students would be dissuaded from stepping into the breach. Apparently not.
By Alex Vorro
4 minute read
June 20, 2012 | Inside Counsel
Dewey crusades for quick clawback settlementThe hits keep coming for disgruntled former partners of the soon-to-be-defunct New York law firm Dewey & LeBoeuf. The firms bankruptcy team reportedly will present its former partners, whose earnings are subject to clawbacks, with an outline for how to settle claims with more than 5,000 creditors anxious to draw...
By Alex Vorro
4 minute read
June 19, 2012 | Inside Counsel
Class action claims Hebrew National hot dogs aren’t kosherAnother frank fracas is cooking, although this time its centered a little northwest of hot dog hotbed Chicago in Minnesota, the home of the Jucy Lucy.
By Alex Vorro
2 minute read
June 18, 2012 | Inside Counsel
WellPoint agrees to settle class action suit for $90 millionWellPoint Inc. closed the book on its longstanding class action lawsuit against its Anthem unit last Friday. The health insurer agreed to a $90 million settlement with former members and owners of Anthem Insurance, a former mutual insurer that demutualized in 2001.
By Alex Vorro
4 minute read
June 15, 2012 | Inside Counsel
R. Allen Stanford sentenced to 110 years in prisonSomewhere Charles Ponzi may have a smile on his face. Nearly 100 years after the Italian con man became infamous for his scheme to bilk investors by repaying them with the funds from later victims, U.S. District Judge David Hittner came down hard on Ponzi disciple R. Allen Stanford.
By Alex Vorro
3 minute read
June 14, 2012 | Inside Counsel
Former Dewey partner sues management, claims they were “running a Ponzi scheme”It was only a matter of time. Henry Bunsow, a former Dewey & LeBoeuf partner and IP litigation specialist who now has his own boutique firm, dropped the first publicly filed lawsuit from a former partner Tuesday in California Superior Court.
By Alex Vorro
4 minute read
June 13, 2012 | Inside Counsel
Wal-Mart lawyers highlight 5 countries with highest bribery riskA day after Wal-Mart Stores Inc. received more bad news that New York Citys pension funds are targeting it in a lawsuit, the company added a positive spin to the bribery debacle.
By Alex Vorro
3 minute read
June 12, 2012 | Inside Counsel
New York City files suit against Wal-Mart over bribery scandalMonths after the New York Times broke the story that Wal-Mart Stores Inc. may have covered up rampant violations to the Foreign Corrupt Practices Act within its Mexican subsidiary, the retail giant is still dealing with the mess.
By Alex Vorro
3 minute read
June 11, 2012 | Inside Counsel
Gupta decides not to testifyIts flip-flop weather outside these days, and apparently in the courtroom as well.
By Alex Vorro
3 minute read
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