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By Brian Baxter | May 4, 2017
In a move that could dwarf the massive municipal bankruptcy of Detroit, Puerto Rico indicated Wednesday that it would begin a bankruptcy-type process to restructure $70 billion in debt. Proskauer Rose, Quinn Emanuel, Kirkland & Ellis, Dentons and Cleary Gottlieb have been involved in the island's mounting debt crisis in recent years.
1 minute read
By Rebecca Cohen | May 4, 2017
Catharina Min, vice chair of Reed Smith's business and finance department and a former managing partner of the firm's office in Palo Alto, California, has joined Covington & Burling as a technology M&A partner in nearby Redwood Shores.
1 minute read
By Lizzy McLellan | May 4, 2017
New Jersey-based Carroll, McNulty & Kull is merging with international insurance law firm Kennedys, leaders of both firms announced Thursday. The combination will form a nearly 1,000-lawyer firm that specializes in advising the insurance industry.
1 minute read
By Scott Flaherty | May 4, 2017
Leichtman Law will also employ five other commercial and IP litigators.
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By Scott Flaherty | May 4, 2017
Five years after Dewey & LeBoeuf's spectacular collapse, five of its lawyers look back.
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By Greg Land | May 4, 2017
A legal malpractice insurer has been found not responsible for at least $7 million in legal expenses accrued defending a bankrupt law firm sued by an investment company whose manager was also a partner at the defendant firm.
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By P.J. D'Annunzio | May 4, 2017
A man claiming he was fired because of his age and slandered when his employer accused him of theft and criminal behavior can proceed with his lawsuit against the chemical company he worked for, a federal judge has ruled.
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By Lizzy McLellan | May 4, 2017
McNees Wallace & Nurick has brought on a Big Law veteran to serve as the Pennsylvania firm's new chief operating officer.
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By Monika Gonzalez Mesa | May 4, 2017
Two longtime Sedgwick lawyers started work at GrayRobinson's Fort Lauderdale office this week after tiring of the Miami commute they inherited when Sedgwick closed its Broward office last summer.
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By Rhys Dipshan | May 3, 2017
Speakers at the Corporate Legal Operations Consortium (CLOC) Conference will try to educate legal departments about using metrics to understand and meet future challenges.
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