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Judge Rejects Dewey Request to Tap Cash to Fund Ongoing Operations
The denial of a Dewey & LeBoeuf motion to use cash collateral held by primary secured creditor J.P. Morgan Chase—which backed the move—was among the key developments at the initial hearing in the largest law firm bankruptcy case in U.S. history.The Churn: Lateral Moves in The Am Law 200
Skadden, Arps, Slate, Meagher & Flom closes in Vienna; Allen & Overy loses three senior lawyers on the East Coast; and Husch Blackwell hires six government compliance and investigations attorneys in Missouri. The Churn is constant. Please send all announcements and news releases to [email protected].Judge rejects Dewey request to fund ongoing operations
"I can finally confirm the worst-kept secret of the year," bankruptcy lawyer Albert Togut said late Tuesday afternoon in a lower Manhattan federal courtroom. "I am counsel for Dewey & LeBoeuf."Some Venerable Firms Slid Off the List This Year
Megafirms are growing by leaps and bounds, but more than one-fifth of the firms on the NLJ250 lost lawyers last year. Many of the firms that bled talent are among the oldest and most recognizable names in their markets, such as New York's Cadwalader, Wickersham & Taft and Boston's Morrison, Mahoney & Miller. But sometimes shoring up the ranks strengthens the firm, or so firm partners say.Judge Okays Dewey Liquidation Plan, Clearing Way for Repayment of Creditors
To a hearty round of backslaps and handshakes, U.S. Bankruptcy Judge Martin Glenn closed a two-hour hearing Wednesday by approving Dewey & LeBoeuf's Chapter 11 liquidation plan after the last remaining objections faded away. Under the plan, Dewey's secured creditors are to receive roughly 47 to 77 cents for each $1 they are owed, while unsecured creditors are to get roughly 5 to 14 cents.Product-By-Process Claim Construction
Construing claims that use the process by which a product is created to define the invention -- that is, product-by-process claims -- was not made any easier by the Federal Circuit�s recent decision in SmithKline Beecham Corp. v. Apotex Corp.The 100 most influential lawyers in America
For the first time in six years, we offer our take on the country's most influential lawyers.In this webinar you will learn about:* Using BP's overwhelming legal battles as a reminder, are legal departments doing enough to ensure readiness in the event of their own major eDiscovery undertaking?* What are the best practices for multi-faceted requirements, and who should be in charge?* How will investigations by multiple jurisdictions affect eDiscovery efforts, including those that cross international borders?
The Proposed and Enacted 'Cheeseburger Bills' Limiting Obesity Lawsuits
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