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November 24, 2004 |

Brobeck Trustee Ready to Settle With Ex-Partners

Brobeck bankruptcy trustee Ronald Greenspan is inviting the firm's former partners to a meeting at which he will propose a settlement agreement that would free the partners from litigation related to the firm's collapse. Greenspan has asserted in bankruptcy court filings that he intends to pursue claims against the former partners for allegedly taking distributions when the firm was insolvent. In a filing Monday, Greenspan said the partners had received about $285 million in 2001 and 2002.
5 minute read
May 02, 2005 |

$60M Bonanza

In a massive bankruptcy involving subsidiaries of PG&E, law firms have picked up $60 million in fees over the last year and a half.
10 minute read
December 01, 2004 |

Montali Weighs Bid Increase in Brobeck Litigation

A group of plaintiff lawyers indicated Tuesday that it would raise its bid to purchase rights to a suit against Clifford Chance relating to the collapse of Brobeck, Phleger & Harrison. But at the end of an all-day hearing, the question was whether U.S. Bankruptcy Judge Dennis Montali would consider the offer or accept a $4.5 million deal that Brobeck bankruptcy trustee Ronald Greenspan reached with Clifford Chance to settle claims against the firm.
3 minute read
November 30, 2004 |

Former Brobeck Partners Query Trustee's Motives

Facing millions of dollars in potential liability, former Brobeck partners have turned their sights on the firm's bankruptcy trustee. In filings last week, former partners suggested that Brobeck's landlords elected Ronald Greenspan trustee because he agreed to go after partners for money they allegedly owed the estate. To back claims that the landlords unduly influenced Greenspan, the former partners cite deposition testimony from the estate's interim trustee.
4 minute read
February 03, 2010 |

Calif. Bankruptcy Boutique Maintains High-End Practice

High-end bankruptcy is a Big Law practice, dominated by top Am Law 100 firms. But Los Angeles-based Pachulski Stang Ziehl & Jones, a 70-lawyer boutique, has established a national reach by planting lawyers in Delaware and New York -- a bicoastal move that it credits with helping it land work on major national cases. According to one report, the Pachulski firm ranked in the country's top five bankruptcy practices by number of active cases last quarter, at the end of the biggest year in U.S. bankruptcy history.
6 minute read
June 09, 2003 |

Delaware's Thriving Bankruptcy Bar

Bankruptcy practice is big business in tiny Delaware, but big firms have mostly shunned the state. Instead, a group of midsize firms have cornered the market.
8 minute read
May 11, 2005 |

Law Firms Clean Up in $60M Bankruptcy Bonanza

One of the largest bankruptcies in Maryland history has become a cash machine for lawyers, attracting high-priced New York firms and local counsel who have billed more than $60 million in fees. Find out how much top firms charged -- and how much creditors and debtors were willing to pay to make them go away.
10 minute read
October 07, 2009 |

Heller Partners Lay Out Bankruptcy Theories

The creditors in the Heller Ehrman bankruptcy have talked about going after shareholders' profits and pensions. A recent filing gives first voice to the shareholders' response.
3 minute read
October 29, 2009 |

Heller Creditors Seek $150M, Detail Firm's Failings

Confidential mediation documents detail creditors' arguments to get money from Heller shareholders, arguing that creative financing in late 2007 helps prove the firm was a failed entity even then.
4 minute read
December 01, 2004 |

Ex-Brobeck Phleger Partners Query Trustee's Motives

Facing millions of dollars in potential liability, former Brobeck Phleger & Harrison partners have turned their sights on the firm's bankruptcy trustee.
4 minute read

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