Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
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
By Amanda O'Brien | October 5, 2023
When Philadelphia-based Sacks Weston declared bankruptcy in August, it became the latest firm to do business with Virage Capital and then hit the skids.
11 minute read
By ALM Regional Brand Editors | September 22, 2023
Welcome to Mid-Market Roundup, where our team of regional editors shares the trends, challenges, opportunities and observations emerging in their markets.
6 minute read
By Amanda O'Brien | September 13, 2023
Dennis Suplee led the now defunct firm from 1992 to 1998.
4 minute read
By Amanda O'Brien | September 13, 2023
A bankruptcy judge found the firm could continue to use the approximately $98,000 left in its operating and payroll accounts for now. Litigation funder Virage Capital, owed $14 million, wants the funds to be categorized as cash collateral.
3 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
