Sara Randazzo

November 19, 2013 | The American Lawyer

Dewey & LeBoeuf's liquidating trustee requested court permission Monday to extensively subpoena Dewey's longtime auditor Ernst & Young as well as depose one of its employees, citing the need to investigate potential claims the estate could still bring against the auditor and others tied to the now-defunct firm.

By Sara Randazzo

3 minute read

November 18, 2013 | Law.com

Four months after saying he planned to leave the firm now known as Dentons, bankruptcy and restructuring lawyer and former SNR Denton co-CEO Howard Morris has moved to Morrison & Foerster as senior of counsel.

By Sara Randazzo

3 minute read

November 18, 2013 | Law.com

In what could be the first in a series of suits against dozens of former Dewey & LeBoeuf partners, the liquidation trustee overseeing the bankrupt Dewey estate has sued William Marcoux in an effort to recover compensation and other benefits he received after the firm had allegedly become insolvent.

By Sara Randazzo

5 minute read

November 15, 2013 | The American Lawyer

In a sign that at least one member of the management troika that ran Dewey & LeBoeuf may harbor concerns about being targeted in any criminal prosecution related to the firm's collapse, former Dewey executive director Stephen DiCarmine has retained Bryan Cave white-collar partner Austin Campriello to represent him in several Dewey-related matters.

By Sara Randazzo

4 minute read

November 15, 2013 | Law.com

In a unanimous decision related to the Thelen bankruptcy, a three-judge federal appellate panel ruled Friday that a New York appeals court should decide whether the remnants of law firms that dissolve in the state have an ownership right to fees earned from hourly matters taken by their former partners to new firms.

By Sara Randazzo

6 minute read

November 13, 2013 | The American Lawyer

The former securities class action lawyer and New York attorney general candidate says he's itching to get back in front of a jury after a stint as a litigation financier.

By Sara Randazzo

5 minute read

November 13, 2013 | The American Lawyer

John "Sean" Coffey, the former securities class action heavyweight, litigation funder and New York attorney general hopeful, is joining Kramer Levin Naftalis & Frankel as a partner in December. Most recently, Coffey worked on the defense team of ex–Goldman Sachs bond trader Fabrice Torre, who was found liable in August of civil securities fraud.

By Sara Randazzo

5 minute read

November 11, 2013 | Law.com

Financial results from the first nine months of the year did little to buoy what had already started off as a weak 2013 for the legal industry, with revenue rising slightly and demand lagging, according to an analysis conducted by Wells Fargo Private Bank's Legal Specialty Group.

By Sara Randazzo

5 minute read

November 06, 2013 | The American Lawyer

Ralph Lerner, a former Sidley Austin partner recently suspended from practicing law in New York for a year over false expense filings, went on the offensive this week in an unrelated suit in Delaware state court in which he is accused of improperly billing a foundation created by late artist Cy Twombly.

By Sara Randazzo

5 minute read

November 05, 2013 | The American Lawyer

Our latest roundup of litigation in which Am Law 200 firms are either defendants or plaintiffs includes Dorsey & Whitney getting sued over a burst pipe; the ex-wife of a deceased Kaye Scholer partner seeking retirement benefits from the firm; and Thompson Hine facing accusations of discrimination and wrongful termination brought by a legal secretary once employed by the firm.

By Sara Randazzo

9 minute read