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The Legal Intelligencer

Schnader Harrison Looks to Settle Malpractice Suit Over Allegedly Mismanaged Bankruptcy

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

The American Lawyer

Quinn Emanuel and Foley & Lardner Resolve Fee Dispute From LeClairRyan Bankruptcy

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

The American Lawyer

11 Years Later, Ex-Dewey Lawyers Are Doing as Well as Industry Peers

The high-profile bankruptcy of Dewey & LeBoeuf didn't hamper the careers of former partners and associates in the long run, new research shows.
4 minute read

The American Lawyer

Quinn Emanuel Fights to Depose Foley & Lardner CEO in $2M Dispute Over LeClairRyan Fees

The firms are at odds because Quinn Emanuel partners Erika Morabito and Brittany Nelson began the contingency-based representation of LeClairRyan's bankruptcy trustee as partners at Foley & Lardner.
4 minute read

The American Lawyer

This Litigation Funder Has Loaned Money To a Growing List of Troubled Firms

When Philadelphia-based Sacks Weston declared bankruptcy in August, it became the latest firm to do business with Virage Capital and then hit the skids.
11 minute read

International Edition

Axiom Ince Seeks to Make Good on Clients' Missing £64M as Firm Shutters

Clients have also turned to the SRA's Compensation Fund, a hardship fund with several conditions attached to it.
3 minute read

Pro Mid Market

Mid-Market Roundup: Mid In Size, Big In Influence (On Emerging Tech, Real Estate Deals)

Welcome to Mid-Market Roundup, where our team of regional editors shares the trends, challenges, opportunities and observations emerging in their markets.
6 minute read

The Legal Intelligencer

Former Schnader Chair Moves to Welsh & Recker

Dennis Suplee led the now defunct firm from 1992 to 1998.
4 minute read

The Legal Intelligencer

Sacks Weston Set to Continue Operations for the Next Month, Court Rules

A bankruptcy judge found the firm could continue to use the approximately $98,000 left in its operating and payroll accounts for now. Litigation funder Virage Capital, owed $14 million, wants the funds to be categorized as cash collateral.
3 minute read

The Legal Intelligencer

Sacks Weston Name Partners Live 'Like Millionaires' Despite Owing $14M to Litigation Funder, Court Documents Allege

Virage Capital asserts that the two partners at the bankrupt Philadelphia firm have been misusing collateral pledged to a 2017 loan that's now in arrears.
5 minute read

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