Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Amanda O'Brien | September 12, 2023
Virage Capital asserts that the two partners at the bankrupt Philadelphia firm have been misusing collateral pledged to a 2017 loan that's now in arrears.
5 minute read
By Amanda O'Brien | September 6, 2023
Ten lawyers have landed as shareholders at Segal McCambridge. Additionally, the firm's Pittsburgh-based higher education chair joined Ogletree Deakins, while several New York partners have moved to Pryor Cashman and Gordon Rees.
5 minute read
By Amanda O'Brien | August 31, 2023
The firm is set to dissolve at the end of the day Thursday.
1 minute read
By Amanda O'Brien | August 29, 2023
The largest of the firm's liabilities is attributed to Virage SPV, which sued Sacks Weston earlier this year for allegedly breaching a nearly $6 million loan agreement and defaulting on the loan.
2 minute read
By Dan Packel | August 29, 2023
"While the meteoric rise and fall of LeClairRyan PLLC may have been extraordinary, LeClair's personal avarice does not translate into a circumstance worthy of vacating this court's opinion," the judge wrote.
3 minute read
By Amanda O'Brien | August 22, 2023
The group is composed of attorneys who'd previously belonged to Schnader's trusts and estates, litigation, real estate, and transactional practice groups.
3 minute read
By Amanda O'Brien | August 18, 2023
Philadelphia's Schnader Harrison is the latest example of a firm that would have been better off acting sooner rather than later.
5 minute read
By Amanda O'Brien | August 16, 2023
The soon-to-be defunct Philadelphia institution and the venerable New York shop have faced a similar set of obstacles in recent months.
8 minute read
By Amanda O'Brien | August 14, 2023
The firm had engaged in unsuccessful merger discussions with Dilworth Paxson, according to multiple sources.
2 minute read
By Dan Packel | August 10, 2023
Schnader Harrison Segal & Lewis is looking to steer clear of bankruptcy court as it winds down. Meanwhile, LeClairRyan remains the subject of litigation, four years after it announced plans to dissolve.
4 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
