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February 20, 2002 |

Ex-Enron Employees Get Creditors Committee

In a significant win for former Enron employees, U.S. Trustee Carolyn Schwartz agreed last week to establish a second creditors committee composed entirely of ex-Enron employees in the Enron bankruptcy proceedings in New York. The first committee is composed primarily of corporate entities, but the new one will be made up of five to seven former Enron employees. Both creditor committees will have equal power.
3 minute read
December 21, 2001 |

Guidelines Set in Historic Bankruptcy Approach

In what has been called a historic moment, upward of 200 attorneys in a New Jersey federal courthouse bore witness to the dawn of a new day in asbestos-related bankruptcies. The event was a case management meeting called by U.S. District Judge Alfred M. Wolin to advise attorneys involved in five major Chapter 11 cases on how they will proceed now that the cases have been transferred to him and consolidated under his purview.
3 minute read
July 02, 2002 |

Back to Earth

Michael Samway had been at White & Case in Miami for almost four years when the Internet bug bit him. He's now legal director for Yahoo in Latin America and Canada. But the party is over for many others who dreamed of moving to in-house jobs at high-flying companies. The extravagant compensation for in-house attorneys during the boom years has been replaced by more down-to-earth salaries and benefits.
5 minute read
August 17, 2001 |

Forgive Them Their Debts?

Critics of the Bankruptcy Reform Act say that the legislation will hurt honest debtors far more than it will the system manipulators it was intended to stop. They say those behind the bill are pandering to credit card companies that want to stem the tide of bankruptcy filings that have surged over the last decade and to extract more money from borrowers whose debts now are simply wiped out.
7 minute read
March 04, 2002 |

A Case of Frostbite

Two years ago New York-based White & Case introduced stratospheric pay raises, induced by the tech bubble, into the Miami market. Other South Florida firms balked at first, but eventually followed suit. Now, amid a severe economic downturn, those firms are paying the price. Some are freezing pay, some have resorted to layoffs and still others are rethinking their entire compensation structure.
4 minute read
August 09, 2001 |

A Tough Guy for Tough Cases

Miami attorney Arthur Rice has built a reputation as a go-to guy for debtors and trustees in bankruptcy cases. He oozes sarcasm and possesses a razor-sharp wit. Even his courtroom foes admit to enjoying his performances. But Rice's personal story is just as compelling as his lawyering. He says his experience in Vietnam, where he lost a leg, transformed him into the driven person he is today. He has also overcome a bout with alcoholism.
8 minute read
March 27, 2001 |

Henry Latimer leaves Eckert for Greenberg

In a blow to the Broward County, Fla. office of Eckert Seamans Cherin & Mellott, prominent Fort Lauderdale litigator and managing partner Henry Latimer announced earlier this week that he joined Miami's Greenberg Traurig. Latimer takes with him a thriving labor and employment practice, as well as two Eckert associates. Latimer said he left Eckert because of a lack of a diversified practice.
3 minute read
June 27, 2002 |

Associates: Where Have All the Good Times Gone?

Pity the law students who started school in 1999. They had big expectations, as major law firms engaged in a bidding war for talent and signed top grads with no experience for six-figure salaries. Three years later, these new lawyers are finding that the reality of current legal economics is raining on their field of dreams. But all hope is not lost -- there are jobs, good jobs, for those who know where to look.
6 minute read
May 22, 2001 |

Diversity at the Dade Bar

Jason Murray is running an aggressive insurgent campaign to become the first black attorney to lead Dade County, Fla.'s Bar Association. He's going up against current vice president and Grossman & Roth partner Tom Pennekamp Jr. The issue of contention: Murray, a Carlton Fields shareholder, says the group needs to do more to encourage diversity in its ranks; and Pennekamp says much has already been done to achieve that.
9 minute read

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