Don’t forget you can visit MyAlerts to manage your alerts at any time.
Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Amanda O'Brien | April 25, 2024
"The debtor is not a going concern, and its proposed plan will not maximize the value of the estate," U.S. Bankruptcy Judge Patricia Mayer said in an opinion.
4 minute read
By Amanda O'Brien | April 24, 2024
The firm acknowledged expected difficulties in convincing creditors to confirm its bankruptcy plan.
3 minute read
By Amanda O'Brien | April 10, 2024
Third-party litigation funders Virage Capital and Jordan Litigation Funding pushed a judge Wednesday to dismiss the firm's Chapter 11 petition. Meanwhile, co-founder Andrew Sacks was absent from the hearing, purportedly dodging service of a subpoena from Virage.
4 minute read
By Amanda O'Brien | March 21, 2024
The funder claims the firm's Chapter 11 filing was a bad-faith effort to delay trial and forum shop in a dispute stemming from a $5.79 million loan agreement.
4 minute read
By Amanda O'Brien | February 8, 2024
The suit says that income partners and counsel were forced to defer a portion of their annual compensation into the firm's pension plan, despite the pension plan itself not requiring such a contribution, and that money was ultimately commingled with firm operating funds.
4 minute read
By ALM Staff | December 29, 2023
Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 minute read
By Dan Roe | December 28, 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
7 minute read
By Justin Henry | December 11, 2023
Hogan Lovells, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also a secured creditor, gaining rights to the firm's largest liability: a loan made by Chase Bank.
4 minute read
By Amanda O'Brien | November 22, 2023
Yvonne Saadi is a veteran of the U.S. Attorney's Office for the Western District of Pennsylvania.
4 minute read
By Amanda O'Brien | November 21, 2023
Ward Greenberg will cease operations at the end of 2023. Hodgson Russ will add 10 litigators and assume the firm's Rochester lease, while Freeman Mathis Gary will take the other nine litigators and leases in Philadelphia, South Jersey and Delaware.
5 minute read
Presented by BigVoodoo
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
Truly exceptional Bergen County New Jersey Law Firm is growing and seeks strong plaintiff's personal injury Attorney with 5-7 years plaintif...
Epstein Becker & Green is seeking an associate to joins its Commercial Litigation practice in our Columbus or Cincinnati offices. Ca...
Job Opportunity: Location: Prestigious Florida Law Firm seeks to hire a Business attorney with at least 5 years of experience for their Ft. ...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS