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Daily Report Online

As Equity Tiers Shrink, Big Law Grows Leverage

While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
6 minute read

Daily Report Online

On the Move: Federal Prosecutor Heads to Moore & Van Allen

In other moves, Bradley Arant Boult Cummings adds a banking & financial services lawyer, while Freeman Mathis & Gary adds two former managing partners from a smaller firm.
8 minute read

Corporate Counsel

CLO to Retire After Helping Auto Dealership Giant Triple Revenue

George Villasana is giving up the legal reins of Asbury Automotive after helping it complete one of the biggest dealership buyouts in history—the $1.2 billion purchase of Tim Koons Automotive in Washington, D.C.
3 minute read

Daily Business Review

$1M in Attorney Fees? 72-Page Ruling Earmark Case Against Ex-Lawyer

"My client's attorney fees are going to exceed easily $1 million, and the court costs are about $100,000, and the prejudgment interest is also sizable," said attorney Jorge Fors.
6 minute read

Daily Business Review

Broward Judge Finds Ex-Bang Energy CEO's Actions 'Illegal or Fraudulent'

John "Jack" Owoc founded Bang Energy's parent company, Vital Pharmaceuticals Inc., in 1993 and built it to become a multibillion-dollar company.
3 minute read

Daily Report Online

Atlanta Capital Recruiter Awarded $10M for Unpaid Commissions by Blockchain Company

On April 11, a jury for the U.S. District Court for the Northern District of Georgia delivered a verdict and awarded $7.9 million in damages for unpaid commissions against the company, Future Fintech Group. Additionally, FT Global was awarded pre-judgment interest of over $1.7 million and attorney's fees of over $360,000.
4 minute read

Daily Business Review

Legionnaires' Disease Is Back, and Litigation Is Hitting Courts

"It's making a comeback," attorney Eric Shane of Leesfield & Partners said.
5 minute read

National Law Journal

Nonpracticing Entity Spikes Patent Infringement Filings in California

The company has filed 45 patent infringement actions against businesses, including Walmart, Guitar Center and Big Lots, since 2021.
3 minute read

Daily Business Review

American Bankruptcy Institute President Behind Push for Subchapter V Legislation

"The biggest accomplishment is that at the annual spring meeting, the task force will release and publish important recommendations to Congress," the ABI president said in an interview.
3 minute read

Daily Report Online

Federal Judge Upholds Fulton County Poll Workers' $148M Defamation Verdict Against Rudy Giuliani

Giuliani targeted poll workers Ruby Freeman and Wandrea "Shaye" Moss of Fulton County, Georgia, stating to Georgia lawmakers in a committee of the state Legislature that Freeman and Moss were shown in a video circulating online "surreptitiously passing around USB ports," allegedly manipulating voting results.
3 minute read

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