A dispute over which party is to blame for losses by holders of debt securities in a failed funeral company has prompted Skadden, Arps, Slate, Meagher & Flom to sue…
A memo to clients yesterday from Wachtell, Lipton, Rosen & Katz discusses lessons that some major investors learned the hard way from the Lehman Brothers bankruptcy.
A federal judge has approved a $2.5 million malpractice settlement by Los Angeles law firm Levene, Neale, Bender, Rankin & Brill to settle a complaint by a trustee in the…
Only a few months ago, the future seemingly wasn’t looking rosy for Carl Oosterhouse, a former partner of Dickinson Wright. The Michigan Attorney Discipline Board found that he should have…
Lawyers in diverse practice areas ranging from labor law to bankruptcy are likely to benefit from legal changes that could be made during the Obama administration.
Updated: Three former bankruptcy partners of Kramer Levin Naftalis & Frankel, including the co-leader of the firm’s Distressed and Special Situations Lending Group, have departed for Gibson Dunn & Crutcher.
A Los Angeles law firm has agreed to pay $2.5 million to settle a malpractice claim by the trustee representing creditors in the bankruptcy of electronics company SonicBlue.
A federal judge in Chicago has ordered Ungaretti & Harris to disgorge more than $376,000 in bankruptcy fees because it failed to get periodic approval for the interim payments.
Billing rates for top lawyers at two law firms involved in the Lehman Brothers bankruptcy are $950 an hour, according to disclosure papers filed with the court.
A first-year associate at Cleary Gottlieb Steen & Hamilton made an Excel reformatting error that mistakenly added 179 contracts to an agreement to buy Lehman Brothers assets, according to a…
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