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Defendant's 'Pre-Packaged' Bankruptcy Is Rejected
Finding that its pre-packaged bankruptcy plan was riddled with flaws, the 3rd U.S. Circuit Court of Appeals has rejected a corporate defendant's bid to resolve all of its outstanding asbestos claims by establishing a $1.2 billion trust.2008 Summer Associates Survey: The Firms, A-Z
Trade Group GC Helped Write Federal Appliance Standards Legislation
You've seen the little yellow-and-black FTC energy guide labels on products. That's what the Gas Appliance Manufacturers Association's certification programs are all about. As GC of GAMA -- a trade group that represents the manufacturers of appliances, components and products used for space heating, water heating and commercial food service -- Joseph M. Mattingly deals with appliance efficiency standards as well as energy conservation, environmental protection, and health and safety issues.Justices Tackle Slipshod Lawyering
Trisha [email protected] S. Henrickson began his argument before the seven justices of the Georgia Supreme Court with an unusual disclaimer for a prosecutor.He wasn't there, the young assistant district attorney from Paulding County told the court, to defend a former contract defender's lax lawyering on behalf of indigent defendant Richard Anthony Heath two years ago.Busy M&A Market Makes Real Estate Attorneys Deal Makers
Real estate attorneys, long known as dirt lawyers, are adopting more of the deal-making skills of their corporate counterparts as they get pulled deeper into the real estate sector's surging mergers and acquisitions activity.Reed Smith Said to Discuss Merger With Chicago Firm
Pittsburgh-based Reed Smith is currently engaged in serious merger discussions with Chicago-based Wildman Harrold Allen & Dixon, according to several sources in the Windy City. Such an acquisition would move Reed Smith to nearly 1,200 lawyers. Michael Pollack, Reed Smith's partner in charge of strategic planning, confirmed that Chicago is next on the firm's domestic expansion agenda, but said it is talking with more than one Chicago firm.
Firms Muscling Up on Bankruptcy
Despite what's expected to be a 12-year low in bankruptcy filings this year, major law firms are starting to beef up their ranks of restructuring attorneys in anticipation of heavier caseloads next year. Law firms generally are looking to boost the head count by 10 percent to expand the practices and replace lawyers who defected to investment banks, hedge funds or smaller firms. "Money will probably not be as free as it has been over the last couple years," says Jenner & Block's Dan Murray.Trending Stories
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