The fight over the validity of so-called unfinished business claims in law firm bankruptcies is heating up in courts on both coasts this week.
As the Howrey estate rakes in settlements with law firms that hired fleeing Howrey partners, a handful of holdouts are trying to tear down a controversial bankruptcy doctrine that has vexed the legal industry for years.
Pending court approval, Howrey trustee Allan Diamond can count on adding another $2.02 million to the defunct law firm's coffers after reaching settlements this week with Covington & Burling, Kirkland & Ellis, Shearman & Sterling, and 11 former Howrey partners.
After three decades at the London office of Bird & Bird, European intellectual property powerhouse Trevor Cook is relocating to New York to join Wilmer Cutler Pickering Hale and Dorr.
Clients from Intellectual Ventures to LinkedIn want their outside counsel singing from the same hymnal.
Two weeks after a Manhattan federal judge criticized Robbins Geller for bringing a securities complaint that "borders on the absurd," a federal judge in Brooklyn took a dig at the firm when she dismissed a lawsuit filed against Cablevision.
Latham & Watkins can proceed as lead trial counsel for a defendant in a massive antitrust class action, a Washington federal district trial judge ruled on Tuesday, denying a motion to disqualify the firm.
Mark Cahn and Dan Berkovitz, formerly general counsel with the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission, respectively, start this week with Wilmer.
Plaintiff-side law firms will probably never be truly global—at least not the ones specializing in securities litigation. But that hasn't stopped Labaton Sucharow from having a more international focus.