January 10, 2012 | The American Lawyer
After Two Decades, Kelley Drye Gets a New ChairmanBy Sara Randazzo
5 minute read
July 13, 2012 | New York Law Journal
Former Dewey Partners Hear Plan to Forestall LitigationThe leadership team overseeing the bankrupt remnants of Dewey & LeBoeuf laid out a proposed settlement plan to former firm partners on July 11 under which those partners are being asked to pay the Chapter 11 estate between $25,000 and $3 million each for a combined total of $103.6 million.
By Sara Randazzo
6 minute read
September 23, 2011 | The American Lawyer
The Churn: Lateral Moves and Promotions in The Am Law 200By Sara Randazzo
5 minute read
August 17, 2012 | The American Lawyer
Advisers Say Former Dewey Partners Have Agreed to Pay More Than $70 Million Under Settlement PlanThe amount far exceeds the $50 million threshold the Dewey & LeBoeuf estate said it needed to bring the deal to the court and creditors for approval and repay a portion of the bankrupt firm's massive debts.
By Sara Randazzo
6 minute read
September 17, 2012 | The American Lawyer
Report: Law Firms Struggling to Keep Up with Rising ExpensesA survey of 115 law firms conducted by Wells Fargo's Legal Specialty Group found that while, collectively, revenue at those firms inched up during the first half of 2012 compared to the same six-month period last year, profits were down—and will only bounce back if firm leaders can effectively rein in their costs.
By Sara Randazzo
6 minute read
May 24, 2012 | The Recorder
With Potential Bankruptcy Looming, Three Dewey Lenders Cash OutBy Sara Randazzo
6 minute read
October 08, 2012 | Law.com
Going Once, Going Twice: Dewey Art Making Its Way to Auction BlockThe Dewey & LeBoeuf estate is seeking court approval to hire a Washington, D.C., auction house to oversee the liquidation of the bankrupt law firm's art assets, with the least valuable of the collection's 800-plus pieces possibly going on sale by the end of the year.
By Sara Randazzo
5 minute read
August 06, 2012 | Law.com
Former Dewey Partners Given More Time to Mull SettlementOn the eve of the deadline for former Dewey partners to decide whether or not to participate in a $90.4 million settlement, the bankrupt firm's advisers told the partnership that they now have until August 13 to sign on. It is the second time the plan's deadline has been pushed back.
By Sara Randazzo
4 minute read
November 29, 2012 | The American Lawyer
Claims Against Former Dewey Management Face Insurance HurdlesWhile the judge overseeing the Dewey & LeBoeuf bankruptcy ruled Thursday that the defunct firm's unsecured creditors can try to recoup some of the millions they are owed by suing a trio of former Dewey leaders, how much such litigation might yield remains an open question. In a separate Dewey development, an official committee of retired partners threatened with elimination lives on.
By Sara Randazzo
4 minute read
August 14, 2012 | The American Lawyer
Davis Polk Ends Rent Spat With New York LandlordDavis Polk & Wardwell is staying in the midtown Manhattan building that has served as its headquarters since 1989 after resolving a four-month legal fight with the property's owner over how much the firm should pay to renew the lease on the 22 floors of space it occupies there.
By Sara Randazzo
3 minute read