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Philadelphia Firms May Be Ripe for Mergers
With few out-of-town national firms having Philadelphia addresses, the legal community is debating whether that's about to change, not through new office openings but through big-name mergers. Some, like Cozen O'Connor Chairman Stephen Cozen, question whether the Philadelphia market offers enough enticements, aside from its wealth of legal talent. But others predict that law firms will turn to Philadelphia after consolidation runs its course in other markets.
Tired of Street Crime, Federal Judge Returns to Blank Rome
U.S. District Judge Stephen Orlofsky says he can no longer stomach a job dominated by "tedious, dull" gun and drug cases, so he will quit the bench in Camden, N.J., and rejoin his old firm, Blank Rome. Orlofsky, 58, says he misses the intellectual challenge of his former position. He will be the fifth federal judge since 1986 to resign in New Jersey before retirement age.War Creates Questions for ERISA, Employment Bar
Although the major military component of the war in Iraq seems over, work continues for lawyers concerning questions about the federal Uniformed Services Employment and Re-Employment Rights Act and the rights of employees called to military service. Employer questions range from how long jobs must be held open and whether employee benefits must continue to whether they must extend deadlines for pre-tax spending reimbursements.Administrative Priority for Postpetition, Prerejection Lease Indemnification Obligations
Because administrative claims must be paid in full as part of any plan of reorganization, precedent recognizing an additional category of administrative claims is always notable. The U.S. Bankruptcy Court for the District of Delaware recently held that a claim arising from an indemnification obligation, contained within a rejected nonresidential commercial lease, is entitled to such administrative status.Ballard Spahr Fails to Halt Gender Discrimination Claim
Ballard Spahr has lost its attempt to halt a partner's gender discrimination claim before it began. After trying to internally resolve alleged issues of inequitable pay and the piecemeal removal of her practice, Jane Ennis Sheehan had presented gender discrimination claims and a demand letter to Ballard's chairman. In response, the firm filed an action for declaratory judgment, arguing that it had not violated Sheehan's rights under the Equal Pay Act and had not breached any fiduciary duty.Trending Stories
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