A bankruptcy trustee contends that the Atlanta law firm of Smith, Gambrell & Russell failed to prevent the founder of a now-defunct Atlanta investment firm from embezzling from his clients. Trustee William Perkins is
Law firm news by topic » Bankruptcy
Martin Bienenstock, the lawyer who led the Enron Corp. bankruptcy case, left Weil, Gotshal & Manges late last year. The restructuring business he helped build may be exiting right behind him. After topping the list of
Greenberg Traurig, the main law firm handling First Magnus Financial Corp.'s bankruptcy case, has submitted a payment request totaling $1.36 million.
A bankruptcy trustee for Saint Vincent's Catholic Medical Centers of New York has sued McDermott, Will & Emery for $1.2 billion in damages for legal malpractice, fraud and breach of fiduciary duty, charging that partners
Despite mixed economic reports, nearly half (45 percent) of law firms and corporate legal departments expect to hire additional lawyers in the next 12 months, a new survey shows. Just 3 percent of attorneys said their
The new bankruptcy laws are helping drive foreclosures to a record as homeowners default on mortgages and struggle to pay credit card debts that might have been wiped out under the old code, said Jay Westbrook, a