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April 25, 2024 | The Legal Intelligencer

Skeptical of Sacks Weston's Survival, Judge Dismisses Firm's Chapter 11 Petition

"The debtor is not a going concern, and its proposed plan will not maximize the value of the estate," U.S. Bankruptcy Judge Patricia Mayer said in an opinion.
4 minute read
April 25, 2024 | The Legal Intelligencer

A Tight Economy Increased Costs and Hindered Productivity for Pennsylvania's Am Law 100

An analysis by The Legal looked at Am Law 100 revenue and net income figures and determined that eight of Pennsylvania's firms saw their total costs outpace revenue growth by anywhere between 0.5% and 4.6%
5 minute read
April 25, 2024 | The Legal Intelligencer

Switching Practice Areas: A Challenge or a Treasure?

Change is inevitable, especially for young lawyers who seek growth and opportunity within their current career paths. In fact, it is very common for young lawyers to consider a change in practice areas for a variety of reasons. As true with any minor or major change, there are associated risks and rewards.
9 minute read
April 25, 2024 | The Legal Intelligencer

People in the News—April 25, 2024—Panitch Schwarze, Barley Snyder

Intellectual property law firm Panitch Schwarze Belisario & Nadel announced that Fang Liu has joined the firm as a partner.
3 minute read
April 25, 2024 | The Legal Intelligencer

Long-Awaited SEC Final Rules on Climate-Related Disclosures Face Legal Scrutiny

While the status of the final rules remains uncertain, the SEC's 2010 climate guidance continues to apply. Companies should continue to consider providing more robust disclosure on climate-related risks and their impact on the company's business, results of operations and financial condition in response to demands from investors and to comply with rules and guidance set forth by the SEC, states, other regulatory agencies and other advisory bodies.
9 minute read
April 25, 2024 | The Legal Intelligencer

The Weirdness of Appeals Under Section 308 of Act 2

Section 308 of Act 2 makes all "decisions by the Department of Environmental Protection involving the reports and evaluations required under Act 2 to be considered appealable actions under" the Environmental Hearing Board Act. That stands out from the rest of Pennsylvania environmental law. It has not been litigated very often, but it may pose risks for practitioners.
7 minute read
April 24, 2024 | The Legal Intelligencer

Under Pressure From Lit Funding Creditor, Sacks Weston Agrees to Drop Chapter 11 Bid

The firm acknowledged expected difficulties in convincing creditors to confirm its bankruptcy plan.
3 minute read
April 24, 2024 | The Legal Intelligencer

Fox Rothschild Trademark Leader Heads to Shutts & Bowen

Patricia Flanagan is the second lateral partner to leave Fox Rothschild's West Palm Beach office this month.
3 minute read
April 24, 2024 | The Legal Intelligencer

Ozempic Plaintiffs Get Leadership Team, but Not Quite the One They Asked For

Walsh said that, during an extensive hearing on leadership structure last week, Pratter "had some concerns about the size of the committee that we put in the application."
4 minute read
April 24, 2024 | The Legal Intelligencer

Through Merger Talks, Troutman and Locke Lord Seek Market-Leading Position in Several Practices

The combined firm would have more than 90 lawyers in energy practices, 120 lawyers in life sciences practices, and 100 in real estate, according to an analysis of the firms' head count in these practices.
5 minute read

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