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Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Amanda O'Brien | November 22, 2023
Yvonne Saadi is a veteran of the U.S. Attorney's Office for the Western District of Pennsylvania.
4 minute read
By Amanda O'Brien | November 21, 2023
Ward Greenberg will cease operations at the end of 2023. Hodgson Russ will add 10 litigators and assume the firm's Rochester lease, while Freeman Mathis Gary will take the other nine litigators and leases in Philadelphia, South Jersey and Delaware.
5 minute read
By Patrick Smith | November 9, 2023
"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
7 minute read
By Justin Henry | November 2, 2023
After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
By Amanda O'Brien | November 1, 2023
Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
5 minute read
By Patrick Smith | October 31, 2023
Whether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
3 minute read
By Justin Henry | Patrick Smith | October 27, 2023
The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
5 minute read
By Amanda O'Brien | October 27, 2023
The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
2 minute read
By Dan Packel | October 26, 2023
The resolution grants Foley & Lardner $2.2 million in fees that have already been approved. But the firm had sought another $4.1 million.
4 minute read
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