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September 21, 2012 | Law.com

$71.5 Million Dewey Settlement Plan Now in Judge's Hands

With an all-day hearing Friday ending inconclusively, U.S. bankruptcy court judge Martin Glenn will now weigh whether to approve the Dewey & LeBoeuf estate's proposed settlement with former partners against objections that the plan does not maximize potential recoveries for the firm's creditors and favors former partners with ties to the estate's advisers.
9 minute read
March 14, 2012 | Daily Report Online

Blair Craig joins new firm started by his son

J. Blair Craig has left the insurance defense firm he helped found, Harper Waldon Craig, and joined a plaintiffs' firm that his son, Brian W. Craig, started with Harlan H.F. Wood at the beginning of the year.Craig said he left Harper Waldon Craig in February for Wood Craig after 26 years because of "office politics," but he declined to elaborate.
6 minute read
January 27, 2012 | The American Lawyer

The Churn: Lateral Moves and Promotions in The Am Law 200

9 minute read
July 14, 2009 | Law.com

India Beckons to U.S. Lawyers

Although some U.S. lawyers -- particularly vulnerable contract attorneys doing document review -- regard outsourcing to India with dread, India offers an opportunity to a lucky few to get management experience, more client contact and a stake in a growing area of the legal business, not to mention the travel. Companies that aid law firms and law departments in outsourcing legal work to India are recruiting lawyers with U.S. professional experience to train and supervise their expanding work forces in India.
8 minute read
August 04, 2008 | Law.com

Jury Rejects Claims of $23 Million in Unusual No-Fault Case

A six-person jury in a New York court that normally hears cases worth $25,000 or less has rejected $23 million in claims against 50 insurance companies from a doctor who claimed to own a professional corporation that performed MRIs for no-fault accident victims. No other case involving no-fault claims has "ever been remotely near" the $23 million figure, the lead counsel for the insurance companies in the unusual trial said in an interview.
8 minute read
May 27, 2013 | The American Lawyer

The Bankruptcy Files: Big Ideas Go Bust

The Am Law Daily looks at the Am Law 200 firms involved in a diminishing number of notable bankruptcy filings, including those of failed social networking site Bebo, a leading nonprofit for children with psychiatric disorders, and zero-calorie flavored drink Skinny Water.
12 minute read
November 25, 2009 | Law.com

Casinos' Losses Prove to Be Law Firms' Gain

Law firms are benefiting from the gaming industry's losing streaks. Kirkland & Ellis landed work Tuesday as the lead debtor's counsel for Majestic Star Casino, which filed for bankruptcy related to two Indiana casinos and other facilities in Mississippi and Colorado. In another casino-related bankruptcy, Carl Icahn, represented by outside counsel at Sonnenschein, has won the right to be the stalking horse bidder for the bankrupt -- and still unfinished -- Fontainebleau casino project in Las Vegas.
3 minute read
May 21, 2012 | Law.com

Greenberg Traurig Firm Leader Apologizes to Court For Ex-Partner's Error in Rothstein-Related Trial

Cesar Alvarez, executive chairman of Greenberg Traurig, appeared in a federal court in Miami on Friday to apologize for the Am Law 100 firm's failure to turn over a key document to opposing counsel suing Toronto-Dominion Bank over its involvement with disgraced Fort Lauderdale lawyer Scott Rothstein.
5 minute read
November 16, 2012 | The American Lawyer

As Hostess Slides Toward Oblivion, Lawyers Snack On the Remains

The maker of such iconic products as Twinkies, Ding Dongs, and Wonder Bread said Friday it will wind down its operations amid a standoff with labor unions that has hampered the company's effort to exit bankruptcy for the second time in the past decade. Jones Day is among the firms advising Hostess.
5 minute read
October 22, 2012 | The American Lawyer

The Not-So-Usual Class Action Suspects

Class action work in Australia has traditionally been dominated by two big plaintiffs' firms. But last month it was mid-tier corporate firm Piper Alderman that delivered a victory in a class action against Lehman Brothers. Other mainly defense firms have also been trying the plaintiffs' side on for size.
7 minute read

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