Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Dan Packel | May 19, 2022
Even without a revealing trial, the contours of the dispute between UnitedLex and a bankruptcy trustee for LeClairRyan give law firms and new law providers guideposts for do's and don'ts when collaborating.
5 minute read
By Amanda Bronstad | January 27, 2022
"There are still plaintiffs who are out of money," U.S. District Judge Thomas Durkin told lawyers for former Girardi Keese partners David Lira and Keith Griffin, as well as attorneys at Edelson.
5 minute read
By Dan Roe | December 22, 2021
Merge or die was the reality for several Florida boutiques, while midsize and Big Law firms found opportunities in adding regional practices.
4 minute read
December 6, 2021
The court sought affirmance by the Superior Court for its decision to deny the motion to compel filed by plaintiff because he incorrectly interpreted the special master report that was intended to guide the dissolution of the former law firm of plaintiff. Motion to compel denied. Court sought affirmance of its order by the Superior Court.
1 minute read
By Justin Henry | November 22, 2021
Ruben Honik alleges that his former firm's bank unlawfully locked him out of the firm's commercial accounts.
4 minute read
By Dan Packel | November 22, 2021
The settlement, if approved, will free the former officials at the firm from conspiracy, breach of fiduciary responsibility and trade secrets claims. But other claims are still pending.
2 minute read
By Dan Packel | November 15, 2021
Gary LeClair wants out of a $120 million lawsuit over the firm's failure. He said he personally lost $2 million that he'd invested in the firm to keep it afloat.
4 minute read
By Dan Packel | November 4, 2021
A Virginia bankruptcy judge declined to wipe claims touching on conspiracy, breach of fiduciary responsibility and misappropriation from an August amended complaint.
2 minute read
By Dan Packel | October 19, 2021
The Chapter 7 trustee for LeClairRyan sued the defunct firm's former directors and officers for $41.5 million in 13 separate actions in September.
4 minute read
By Dan Packel | August 20, 2021
A bankruptcy judge Thursday let the Chapter 7 trustee amend her complaint to include an individual who allegedly helped UnitedLex "loot" the firm of its assets. He's expected to be revealed as founder Gary LeClair.
3 minute read
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