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The American Lawyer

LeClairRyan Founder Expected to Be Named in $128M Dispute Over Firm's Bankruptcy

A bankruptcy judge Thursday let the Chapter 7 trustee amend her complaint to include an individual who allegedly helped UnitedLex "loot" the firm of its assets. He's expected to be revealed as founder Gary LeClair.
3 minute read

The American Lawyer

LeClairRyan Trustee's Claims Against UnitedLex Move Forward

Allegations that a joint venture between the two entities resulted in the unauthorized practice of law were enough to underpin a conspiracy claim, a Virginia federal judge ruled.
3 minute read

The American Lawyer

UnitedLex Says It's Free of Blame for LeClairRyan Bankruptcy

A hearing on the dispute turned on the question of whether the arrangement between the parties violated rules of professional conduct. The trustee wants to recover $128 million to pay off the firm's creditors.
3 minute read

New York Law Journal

Bankruptcy Attorney Albert Togut Named Interim Trustee in Kossoff Law Firm Chapter 7 Proceedings

Real estate attorney Mitch Kossoff has been accused of stealing millions of dollars he was supposed to hold in escrow for clients and is the focus of an investigation by the Manhattan District Attorney's Office.
3 minute read

Supreme Court Brief

'Long and Steady Erosion of the Jury Trial' | Ted Olson Fights FISA Secrecy | Stanford's Jeffrey Fisher Wins New Grant | Headlines: Barrett's Book Deal, and Sotomayor's Lament

Welcome to Supreme Court Brief, and thanks for reading. Scroll down for the latest news and developments from the high court.
9 minute read

The American Lawyer

Co-Founder of Boies Schiller Spinoff Says Cryptocurrency Fee Led to His Exit

Jason Cyrulnik, represented by Marc Kasowitz, has filed his own suit, claiming his exit followed a spike in the value of a cryptocurrency firm asset that had grown to over $250 million.
4 minute read

Law.com

Gone but Not Forgotten: The Law Firm Names You Won't See in 2021

Merger activity was down but not out this year, with five Am Law 100 firms gobbling up boutiques and midsize firms, mostly on the East Coast.
5 minute read

The Recorder

Tom Girardi Creditors File Involuntary Bankruptcy Petition Claiming $6.5M in Liabilities

Andy Goodman of Goodman Law Offices in Westlake Village filed the Chapter 7 petitions in the U.S. Bankruptcy Court for the Central District of California on behalf of six creditors, including retired name partner Robert Keese.
3 minute read

International Edition

Kennedys Settles Spanish Brand Dispute

A spat which could've seen Kennedys lose its brand name in Spain has now been resolved, with its Spanish affiliate expected to rebrand very shortly.
2 minute read

New Jersey Law Journal

Anticipating Wave of Insolvency Work, Genova Burns Acquires Bankruptcy Boutique

Wasserman, Jurista & Stolz will be folded into Genova Burns in January, helping the firm service an anticipated surge of midsized clients facing bankruptcies and restructurings, firm leader Angelo Genova says.
3 minute read

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