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Kramer Levin Advising Banks as Dewey Stragglers Continue to Disperse
The Am Law Daily confirmed Thursday that JPMorgan Chase, agent bank for the dying Dewey & LeBoeuf, has retained Kramer Levin Naftalis & Frankel to represent the interests of the liquidating firm's lenders. Meanwhile, several of Dewey's last remaining partners find new professional homes, a landlord seeks to evict the firm from its Washington, D.C., offices, and CMS Cameron McKenna has been hired to wind down Dewey's U.K. arm.Judge Okays Dewey Liquidation Plan, Clearing Way for Repayment of Creditors
To a hearty round of backslaps and handshakes, U.S. Bankruptcy Judge Martin Glenn closed a two-hour hearing Wednesday by approving Dewey & LeBoeuf's Chapter 11 liquidation plan after the last remaining objections faded away. Under the plan, Dewey's secured creditors are to receive roughly 47 to 77 cents for each $1 they are owed, while unsecured creditors are to get roughly 5 to 14 cents.
Managing Corporate Thievery in the Age of Portable Electronics
Until recently, sophisticated firewalls and password protection have been relatively sufficient to prevent employees from stealing sensitive company information. But the recent proliferation of portable electronic storage devices has put companies at high risk for insider theft. Companies should put policies in place to prevent downloading abuse, not only to protect valuable information, but also to avoid liability under the Uniform Trade Secrets Act, attorneys Michael W. Droke and Rachel E. Byrne write.
Lowering the Data Risks Posed by Portability
The pocket devices used by employees to transport data between home and work, or on the road when traveling, are susceptible to theft just like any other piece of personal property. Stolen private customer or client information not only puts a business and its trade secrets at risk, but also subjects the business to legal liability claims. Learn about measures today's law firm can take to protect its sensitive information in the face of that risk.Lowering the Data Risks Posed by Portability
Just like any other piece of personal property, the pocket devices employees use to transport data on the road are susceptible to theft. Learn about measures today's law firm can take to protect its sensitive information in the face of that risk.Trending Stories
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