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Clawback Controversy Now Clouding Dewey Bankruptcy
In an objection filed Wednesday in New York federal bankruptcy court, a group of 28 law firms asked the judge overseeing Dewey & LeBoeuf's Chapter 11 proceedings to squash the now-defunct firm's planned investigation into so-called unfinished business claims it hopes to recover. Meanwhile, in a San Francisco courtroom on the same day, six firms sought to prevent a Howrey trustee from collecting money on such claims.The Churn: Lateral Moves in The Am Law 200
Kasowitz Benson Torres & Friedman creates a new entertainment practice; Freshfields Bruckhaus Deringer's global managing partner resigns to go in house at an energy-focused investment firm in Boston; and Sullivan & Cromwell hires a senior M&A counsel in Paris. The Churn is constant. Please send all announcements and news releases to [email protected].Skadden, Manatt Snag Roles on Major NYC Hospital Merger
The Mount Sinai Medical Center has turned to Skadden, Arps, Slate, Meagher & Flom for counsel on its proposed merger with Continuum Health Partners, which is being advised by Manatt, Phelps & Phillips. The deal would create one of the nation's largest nonprofit hospital chains. Tax filings by Mount Sinai and Continuum reveal how much Skadden and other Am Law 100 firms have been paid over the past few years.Protective to Acquire MONY and Reinsure Certain Policies of MLOA for $1.06 Billion
The principal subsidiary of Protective Life Corporation, Protective Life Insurance Company, has signed an agreement with certain subsidiaries of AXA…Florida Supreme Court Limits Economic Loss Rule to Products Liability Cases
The Florida Supreme Court has limited the economic loss rule to products liability cases. Therefore, the court decided, in responding to a question of…Insurance Developments and Trends Analyzed by Willkie
Insurance attorneys at Willkie Farr & Gallagher LLP have prepared an extensive report, “Recent Developments and Current Trends in Insurance Transactions…11 noteworthy in-house career moves
Charting some of the most recent GC and in-house appointmentsCoverage Suits Begin after Superstorm Sandy
As might have been expected, litigation over insurance coverage for claims arising from Superstorm Sandy has already begun – and a significant number…Hedging Bets, Former Dewey Partners File Claims Against Bankrupt Estate
A review of more than 2,000 proofs of claim filed in Dewey & LeBoeuf's Chapter 11 bankruptcy finds partners, vendors, landlords, and other creditors lining up to be paid.Trending Stories
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2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates
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