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The Recorder

Big Law Firms Urge Court to Reject 'Unfinished Business' in Howrey Bankruptcy

The D.C. appeals court is looking at the "unfinished business" doctrine at the request of the U.S. Court of Appeals for the Ninth Circuit. Howrey's bankruptcy trustee sued several law firms, saying the defunct firm is entitled to fees from matters that departed partners brought with them to their new firms.
5 minute read

Law.com

A Foreshadowing of Big Law's Future: Intellectual Property's Turbulent Decade

The IP market's pricing crash and competitor churn offer an instructive tale
11 minute read

Daily Report Online

Hardwick Convicted on All Counts

Federal jurors convicted the Atlanta lawyer on Friday of one count of conspiracy to commit wire fraud, 21 counts of wire fraud and one count of making false statements to federally insured banks.
4 minute read

Daily Report Online

Jurors Deliberate Hardwick's Fate in Embezzlement Trial

In closings, the government cast Hardwick as liar and a thief who knowingly stole money from Morris Hardwick Schneider's escrow accounts, while his lawyers said he was duped by the firm's former controller.
5 minute read

Daily Report Online

Hardwick's Ex-Partner Tells Jurors $26M in Firm 'Distributions' Were Not Legit

With closing arguments set for Thursday, Mark Wittstadt returned to the stand as the final witness in Nathan Hardwick's embezzlement trial.
7 minute read

Daily Report Online

Hardwick Takes Stand to Defend Against Embezzlement Charges

Atlanta lawyer Nathan Hardwick IV testified on his own behalf on Tuesday, telling jurors that the millions he took from now-defunct Morris Hardwick Schneider were distributions that former controller Asha Maurya told him the firm could afford.
8 minute read

Daily Report Online

Gov't Cooperator Was a Thief, Former Bosses Tell Jurors in Hardwick Trial

Two former employers of former Morris Hardwick Schneider controller Asha Maurya testified she took money and faked financial records.
5 minute read

Daily Report Online

Hotly Contested Expert in Embezzlement Trial Says Firm Still Owes Hardwick Money

Forensic accountant J.P. Gingras testifed for the defense that the $26 million Hardwick took from now-defunct Morris Hardwick Schneider was his fair share—and that there were no escrow shortfalls.
7 minute read

Daily Business Review

Top Foreclosure Lawyer, Fantasy Football Columnist, Sees Law Firm Liquidate

Mark Stopa, the subject of a criminal investigation in Florida, saw his firm Stay In My Home file for bankruptcy.
4 minute read

Corporate Counsel

Sedgwick Demise Highlights Challenges GCs Face When Outside Law Firms Dissolve

“It's in the best case somewhat disruptive and in the worst case extraordinarily disruptive to the lawyers and their clients,” said one consultant.
5 minute read

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