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February 02, 2010 |

Lateral Partner Moves Spiked in 2009, New Report Shows

By most measures, 2009 was a dismal year for the legal industry. One notable exception to the drumbeat of record layoffs and bankruptcy actions: By our count, there was also a record number of lateral partner moves in The Am Law 200. In the 12 months ending Sept. 30, 2009, 2,775 partners left or joined the biggest firms in the United States -- a 10.6 percent increase in mobility over last year. Litigation partners led the pack, but banking and finance partners were close behind.
6 minute read
Lyondell and Banks Add $150 Million to Recovery for Unsecured Creditors in Fraudulent Conveyance Case, Paving the Way for Exit from Chapter 11
Publication Date: 2010-02-16
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Creditors counsel from Brown Rudnick were set for a hearing to challenge the Lyondell estate's $300 million settlement of the creditors' fraudulent conveyance case against the banks that financed the company's 2007 LBO. Instead, they can congratulate themselves for adding $150 million to the creditors' kitty.

November 14, 2008 |

Newsbriefs

7 minute read
June 25, 2008 |

Newsbriefs

5 minute read
April 17, 2001 |

Four of 15 Associates Dismissed by Lord Bissell's Atlanta Office

Chicago-based Lord, Bissell & Brook has asked four of its 15 Atlanta associates to leave the firm. All had nonpartnership arrangements that the firm says didn't work well.
5 minute read
December 26, 2006 |

Newsbriefs

5 minute read
December 28, 2006 |

Newsbriefs

4 minute read
January 21, 2003 |

Inadmissible

8 minute read
Simpson Thacher Scores for Banks, Fends Off Appeal in Auction-Rate Antitrust Class Action
Publication Date: 2013-03-05
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It was inevitable that the collapse of the $300 billion auction-rate securities market in 2008 would trigger securities litigation. But the ARS freeze also spawned a massive antitrust case, after a trio of plaintiffs firms cooked up a theory that the market's demise was triggered by an illegal boycott on the part of major banks.

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