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International Edition

SRA Discovered Axiom Ince Client Account Shortfall Three Months Before Closing Firm

Earlier this week, the UK's Serious Fraud Office arrested seven individuals and carried out searches across nine locations as part of a criminal investigation into Axiom Ince.
2 minute read

New York Law Journal

Landlord Creditors Wiped Out in WeWork Collapse May Have Advantage in Bankruptcy Court

"It is very possible that there will be attempts in the bankruptcy court to pierce corporate veils," Mark Zauderer opined. "There are people who are going to be wiped out and will object."
4 minute read

International Edition

SFO Raids Axiom Ince Offices, Makes Seven Arrests

SFO investigators were accompanied by Metropolitan Police officers as they raided offices in locations in the South East of England early Tuesday morning.
2 minute read

Texas Lawyer

After Years of Record Financials, Jackson Walker May Struggle to Keep Up the Streak After Bankruptcy Scandal

The Dallas-based Am Law 200 firm, which has a large bankruptcy practice, may be forced to return some fees awarded by a judge involved in a romantic relationship with a now-former Jackson Walker partner.
6 minute read

Delaware Law Weekly

Pachulski Stang Del. Atty Speaks at International Bar Conference

Pachulski Stang Ziehl & Jones Delaware attorney Bradford Sandler recently spoke at the International Bar Association (IBA)'s annual conference in Paris, France, which took place from Oct. 29 to Nov. 3.
1 minute read

Texas Lawyer

Judge Wanted: 5th Circuit Seeks to Fill Seat Amid Romance Scandal

The notice specifies an annual salary of $213,992, and states the selection process will be confidential and competitive.
2 minute read

New York Law Journal

Suit Accusing Citibank of Aiding and Abetting Fraud Scheme Will Proceed in Manhattan Federal Court

U.S. District Judge Gregory Woods noted that both parties expended "much effort" discussing Citibank's internal controls but indicated he would have preferred a different focus.
3 minute read

Delaware Law Weekly

Pachulski Stang Del. Partner Speaks at Bankruptcy Webinar

Pachulski Stang Ziehl & Jones Delaware partner Steven W. Golden was a featured panelist for the webinar "Bad Debtor Owes Me Money!" hosted by Financial Poise Webinars on Nov. 1.
1 minute read

International Edition

Kirkland & Ellis Leads as WeWork Files for Bankruptcy

The workspace pioneer, which made a Chapter 11 filing, has been struggling since its 'flopped' 2019 IPO and throughout the pandemic.
2 minute read

Texas Lawyer

Turmoil Continues for Jackson Walker in the Wake of a Former Partner's Relationship With Bankruptcy Judge

Jackson Walker faces a motion seeking disgorgement and sanctions that was filed by two creditors in a bankruptcy formerly in U.S. District Judge David Jones' court.
5 minute read

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