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November 21, 2011 |

Trustee objects to Ruden McClosky's partner payment plan

Attorneys for U.S. Trustee Donald Walton objected to the Fort Lauderdale law firm's emergency motion requesting post-petition secured financing to pay shareholders' salaries and benefits. The trustee appears to be siding with ex-shareholders, who are trying to block the merger of Ruden with Fort Lauderdale law firm Greenspoon Marder
2 minute read
October 01, 2002 |

Florida Firm Faces Age Bias Suit by Former Employee

Marilyn Beckman spent nearly half her life at Ruden McClosky Smith Schuster & Russell, starting as a receptionist when there were only eight lawyers at the Fort Lauderdale, Fla.-based firm. In what is the latest trouble for Ruden McClosky, Beckman filed suit in U.S. District Court in July, alleging she was the victim of age and gender discrimination, replaced by a younger man who earned more than she did.
6 minute read
November 04, 2011 |

Ex Ruden McClosky shareholders want assets repaid, not auctioned

Former equity partners of the Ruden McClosky law firm in Fort Lauderdale are opposing a speedy bankruptcy sale of its assets to Greenspoon Marder.
4 minute read
November 29, 2011 |

Greenspoon Marder is lone suitor for Ruden McClosky

Fort Lauderdale law firm Greenspoon Marder is on track to acquire Ruden McClosky after no other parties bid on the troubled Fort Lauderdale law firm at an auction.
3 minute read
October 12, 2011 |

Ruden McClosky in merger talks with Greenspoon Marder

Troubled Ruden McClosky is deep in merger talks with Fort Lauderdale-based Greenspoon Marder and a merger could happen by year's end. Under the merger, Ruden would lose its 50-year-old name but maintain all attorney positions. Greenspoon would gain 60 attorneys, a new healthcare law practice and a new office in Tampa.
3 minute read
January 11, 2002 |

Rewarding a Star Professor at Florida State University Law School

Broward County, Fla.'s largest law firm, Ruden McClosky Smith Schuster & Russell, made an endowment to the Florida State University law school some four years ago at the urging of Ruden McClosky partner and FSU alumnus Terry Russell. Along with a $50,000 matching grant from the state, the money has finally been allocated to reward professor Robert Atkinson, who teaches professional responsibility, ethics and law and literature.
2 minute read
September 17, 2009 |

Tangled discrimination case ends in $4.5 million malpractice award

Waiting more than a year to inform a client about the outcome of her case was a costly mistake for a Florida law firm. A jury awarded a woman $4.5 million because her attorney at Becker & Poliakoff waited 13 months to tell her that her employment discrimination case had been dismissed.
3 minute read
May 04, 2010 |

Ruden McClosky Securities Head Switches to Shutts & Bowen

Shutts & Bowen is expanding in Fort Lauderdale, Fla., with the addition of three attorneys, including the head of Ruden McClosky's securities law practice group. Robert Brighton, a 12-year Ruden veteran, expressed concerns about the legal community's perception of Ruden, which has been hemorrhaging attorneys as it faces financial woes blamed on the real estate downturn. Brighton also said he refused to sign a personal guarantee, which Ruden asked all partners to sign this year to shore up its line of credit with Wachovia.
2 minute read
September 24, 2009 |

Ruden McClosky sues Bernie Kosar Sr.

The father of retired Cleveland Browns and University of Miami superstar Bernie Kosar faces a lawsuit by Fort Lauderdale law firm Ruden McClosky seeking nearly $40,000 in unpaid legal bills.
3 minute read
January 27, 2011 |

Ruden McClosky suspends payments to ex-partners

Financial troubles at Ruden McClosky are deepening, with the Fort Lauderdale-based firm suspending all capital payouts to former equity shareholders. In a letter to about 50 to 60 former equity shareholders Saturday, co-managing partners Michael Krul and Carl Schuster said the firm was declaring a "moratorium" on all capital account repayments. The three-paragraph letter stated the firm would review the situation "later in the year."
4 minute read

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