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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
May 25, 2011 |

Ruden McClosky says closing Miami, Boca offices will help it save millions

In an email sent to all employees and obtained by the Daily Business Review, Ruden co-managing director Michael Krul noted the firm has closed its Boca Raton, Orlando and Miami offices after negotiating with its landlords. The Fort Lauderdale-based firm also has downsized in Tampa and is considering moving or contracting in West Palm Beach.
5 minute read
March 12, 2009 |

Will Wave of New Anti-Ponzi Laws Work?

In response to the recent spate of Ponzi schemes around the U.S., state lawmakers and Congress are attempting to tackle such fraud through legislation. But some lawyers are skeptical about whether new laws are the answer, saying what's needed is more oversight and more victims who are willing to come forward to name the con artists. Says a DLA Piper partner, "You can have all the FBI agents in the world, and unless they're involved as investors, they're not going to know about [a fraud] unless someone drops a dime."
3 minute read
April 27, 2011 |

Magistrate: Developer Renzo Renzi owes child support, lives lavishly

Renzo Renzi owes thousands in child support, has millions in unpaid debts and even faces possible arrest if he fails to make a state court appearance by late next month. Yet he may still maintain a lavish lifestyle.
6 minute read
September 07, 2006 |

Wikimedia's First GC Prepares to Tread 'Legal Minefield'

Bradford Patrick left his job as a litigator with a National Law Journal 250 firm in Florida to become the GC of the not-for-profit group Wikimedia Foundation Inc., which operates one of the most talked-about Web sites in the world, the Wikipedia encyclopedia. Wikipedia is a free online encyclopedia that, according to its Web site, "anyone can edit," and has some 13,000 active contributors working on 3.8 million articles in 100 languages. It is also a "legal minefield," according to Patrick.
6 minute read
Law Journal Press | Digital Book White Collar Crime: Business and Regulatory Offenses Authors: Otto G. Obermaier, Robert G. Morvillo (deceased), Robert J. Anello, Barry A. Bohrer View this Book

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September 02, 2009 |

Receiver in Alleged $347 Million Ponzi Scheme Sues Holland & Knight for Malpractice

The receiver in an alleged $347 million Ponzi scheme has filed a malpractice lawsuit against Holland & Knight and partner Scott MacLeod, claiming they failed to provide investors with crucial information about the disbarred attorney behind the investments. The suit accuses the firm and its attorney of preparing disclosure documents for investors that failed to mention that Arthur Nadel, who headed the hedge funds, was a disbarred New York attorney who had drained a client's escrow account.
5 minute read
November 24, 2010 |

Shakeup at Ruden McClosky gives reins to second-in-command Michael Krul

After a quarter-century as managing partner of Ruden McClosky, Carl Schuster will step down next year, to be succeeded by his second-in-command, Michael Krul. Schuster will serve as co-managing partner with Krul for one year before stepping down. He will return to his trust and estate practice in 2012. The moves were approved by a unanimous vote of all partners at the Fort Lauderdale-based firm, said Krul.
3 minute read
December 30, 2005 |

SEC's Use of Private Counsel Raises New Issues

For at least 30 years, the U.S. Securities and Exchange Commission has relied on private lawyers for some corporate misconduct investigations and other matters. But Joseph Grundfest, a Stanford Law School professor and a former SEC commissioner, says the SEC's ever-growing reliance on private counsel has gone from "an occasional outbreak of flu to a pandemic." And with that trend have come new legal challenges, most notably concerning the extent of a company's privilege waiver.
8 minute read
June 10, 2005 |

Judge Raps Cohabitating Couple in Dissent

4 minute read
November 27, 2006 |

MOVERS

The merger of Reed Smith with Sachnoff & Weaver has received approval from the firms' partners, who also elected Sachnoff & Weaver attorneys to leadership positions within the newly created entity.
4 minute read

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