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Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Scott Flaherty | December 17, 2018
The D.C. appeals court is looking at the "unfinished business" doctrine at the request of the U.S. Court of Appeals for the Ninth Circuit. Howrey's bankruptcy trustee sued several law firms, saying the defunct firm is entitled to fees from matters that departed partners brought with them to their new firms.
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By Hugh A. Simons | October 31, 2018
The IP market's pricing crash and competitor churn offer an instructive tale
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By Meredith Hobbs | October 12, 2018
Federal jurors convicted the Atlanta lawyer on Friday of one count of conspiracy to commit wire fraud, 21 counts of wire fraud and one count of making false statements to federally insured banks.
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By Meredith Hobbs | October 11, 2018
In closings, the government cast Hardwick as liar and a thief who knowingly stole money from Morris Hardwick Schneider's escrow accounts, while his lawyers said he was duped by the firm's former controller.
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By Meredith Hobbs | October 11, 2018
With closing arguments set for Thursday, Mark Wittstadt returned to the stand as the final witness in Nathan Hardwick's embezzlement trial.
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By Meredith Hobbs | October 9, 2018
Atlanta lawyer Nathan Hardwick IV testified on his own behalf on Tuesday, telling jurors that the millions he took from now-defunct Morris Hardwick Schneider were distributions that former controller Asha Maurya told him the firm could afford.
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By Meredith Hobbs | October 9, 2018
Two former employers of former Morris Hardwick Schneider controller Asha Maurya testified she took money and faked financial records.
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By Meredith Hobbs | October 8, 2018
Forensic accountant J.P. Gingras testifed for the defense that the $26 million Hardwick took from now-defunct Morris Hardwick Schneider was his fair share—and that there were no escrow shortfalls.
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By Brian Baxter | October 4, 2018
Mark Stopa, the subject of a criminal investigation in Florida, saw his firm Stay In My Home file for bankruptcy.
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By Phillip Bantz | October 4, 2018
“It's in the best case somewhat disruptive and in the worst case extraordinarily disruptive to the lawyers and their clients,” said one consultant.
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