In a hearing today, a federal bankruptcy court judge in Wilmington, Del., said he won’t OK a top $1,100 hourly fee requested by Sidley Austin in a newspaper company’s case.
A whistleblower who pointed the finger at alleged $50 billion Ponzi scheme architect Bernard Madoff for many years before he was criminally charged claimed that Madoff’s claimed hedge fund investment…
As President Barack Obama today announced a $75 billion federal mortgage bailout plan intended to help up to 9 million homeowners avert foreclosure, courts are already busy dealing with a…
The Troubled Asset Relief Program has only been in effect a few months. But already it is the subject of potential criminal probes, as a special inspector general also announced…
An already-hot practice area apparently is being expanded with the help of a deep-pockets noncorporate client: The feds reportedly are paying top partners at a New York law firm for…
The lawyer representing Bernard Madoff had invested money with him before the hedge fund manager was arrested on charges he ran a $50 billion Ponzi scheme, according to a list…
More than 30 law firms around the world are representing an estimated 3 million alleged victims of the claimed $50 billion Ponzi scheme that Bernard Madoff is accused of running…
Over the past three years, Jonathan Lee Riches has filed over 1,000 lawsuits. Among the defendants were former President George W. Bush, pop singer Britney Spears and celebrity home decorator…
Breaking away from reports of attorney layoffs, this week we spoke to four law firms taking advantage of the recent spate of law firm mergers and downsizing to hire pools…
A bankruptcy judge has refused a request by Heller Ehrman to buy “tail” malpractice coverage to cover claims against the firm after its insurance expires April 15.
In a U.S. District Court decision trumpeted by a press release (PDF) for the winning law firm as “a seismic ruling for the accounting profession,” a federal judge has…
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