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A Move to Keep Court Records Open
States legislators and supreme courts are putting rules in place to limit the courts' ability to seal records. The number of closed cases has gotten out of hand, they say.Creditor's Committees May Pursue Derivative Avoidance Actions
In perhaps the most anticipated bankruptcy decision so far this year, a divided 11-judge panel of the 3rd U.S. Circuit Court of Appeals has ruled that a creditor's committee in a Chapter 11 case can be authorized by the bankruptcy court to pursue ...SEC to Lawyers: Agency in Charge
SEC to Lawyers: Agency in Charge Washington, D.C. - The U.S. Securities and Exchange Commission has gone on the offensive with its proposed regulations governing lawyer conduct, issuing a set of rules that seems to scream that the commission ...Sealed records meet resistance
A movement to reduce the number of sealed records in courtrooms across the nation is gaining momentum as legislators, some state supreme courts and right-to-know advocates increase pressure on judges. Critics claim that judges are sealing records at an unprecedented rate, blocking access to everything from high-profile divorce records to products liability actions. What's driving many of these sealings, lawyers believe, is the fear that sensitive information can wind up on the Web.Struggling firms find safety net at Bingham
Wall Street calls it value investing — buying something that's underpriced relative to its long-term value. The legal community could label it the Bingham McCutchen strategy. Most recently, the Boston-based firm has focused its acquisitive tendencies on Washington. Little more than three years after snapping up one wounded Washington midlister, Bingham is closing the deal on another troubled office.Trending Stories
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2024 Trends Report Mid-Year Special Edition: Update on Outside Counsel Billing Rates
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AI in Private Equity: A Guide for Gaining an Early Advantage
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Why Are So Many Law Firms Suddenly Embracing Digital Transformation?
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2025 State Legislative Sessions
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