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Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Patrick Smith | November 9, 2023
"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
7 minute read
By Justin Henry | November 2, 2023
After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
By Amanda O'Brien | November 1, 2023
Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
5 minute read
By Patrick Smith | October 31, 2023
Whether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
3 minute read
By Justin Henry | Patrick Smith | October 27, 2023
The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
5 minute read
By Amanda O'Brien | October 27, 2023
The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
2 minute read
By Dan Packel | October 26, 2023
The resolution grants Foley & Lardner $2.2 million in fees that have already been approved. But the firm had sought another $4.1 million.
4 minute read
By Dan Roe | October 23, 2023
The high-profile bankruptcy of Dewey & LeBoeuf didn't hamper the careers of former partners and associates in the long run, new research shows.
4 minute read
By Dan Packel | October 18, 2023
The firms are at odds because Quinn Emanuel partners Erika Morabito and Brittany Nelson began the contingency-based representation of LeClairRyan's bankruptcy trustee as partners at Foley & Lardner.
4 minute read
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