Heller Ehrman’s creditors have reached a tentative settlement for $1.6 million with 62 former shareholders, most of them junior partners, according to briefs filed in bankruptcy court late Wednesday.

Heller Ehrman’s creditors have reached a tentative settlement for $1.6 million with 62 former shareholders, most of them junior partners, according to briefs filed in bankruptcy court late Wednesday. Creditors are targeting 180 partners altogether and have carved out policy committee members and senior management for separate negotiations. At least 56 partners who made less […]

Heller Ehrman’s creditors have reached a tentative settlement for $1.6 million with 62 former shareholders, most of them junior partners, according to briefs filed in bankruptcy court late Wednesday. Read More »

Cardoni & Associates, of Kingston, Pa., will close its doors by the end of the year, sources familiar with the Pennsylvania insurance defense bar say, following federal charges that a Luzerne County Common Pleas judge allegedly accepted the use of a New Jersey beach house owned by the firm’s managing member and improperly ruled in that attorney’s favor in a civil litigation case.

Gavel

Cardoni & Associates, of Kingston, Pa., will close its doors by the end of the year, sources familiar with the Pennsylvania insurance defense bar say, following federal charges that a Luzerne County Common Pleas judge allegedly accepted the use of a New Jersey beach house owned by the firm’s managing member and improperly ruled in

Cardoni & Associates, of Kingston, Pa., will close its doors by the end of the year, sources familiar with the Pennsylvania insurance defense bar say, following federal charges that a Luzerne County Common Pleas judge allegedly accepted the use of a New Jersey beach house owned by the firm’s managing member and improperly ruled in that attorney’s favor in a civil litigation case. Read More »

Recovery bull company Releases Unformat NTFS Partition software version 4.0.1.6 at affordable priced only in $69 (US dollar).

Lost data from NTFS partition? Don’t panic use NTFS data recovery software to easily recover your lost data files and folders…. Saturday, 12th December, 2009 Today’s computers are much more reliable in general than the older generations. Your computer is very important part of your life. Hard disk drive is the most essential storage medium

Recovery bull company Releases Unformat NTFS Partition software version 4.0.1.6 at affordable priced only in $69 (US dollar). Read More »

UK Law – UK Pre-budget report: Darling launches ‘Payroll Bank Raid’

10 December 2009 – In a highly political PBR, Alistair Darling had to concede that the recession in the UK had been worse than anticipated. Nevertheless, he avoided giving details of where the cuts in public spending which everyone knows are inevitable post the General Election are likely to be made. ‘No material changes in

UK Law – UK Pre-budget report: Darling launches ‘Payroll Bank Raid’ Read More »

Cano Petroleum Prevails in Lawsuit over Disclosure Statement – Skadden Arps

LawFuel.com – December 2009 Skadden secured a victory for client Cano Petroleum Inc. in a putative securities class action that alleged the company made misleading claims in a 2008 share offering’s disclosure statement. Judge John McBryde of the U.S. District Court for the Northern District of Texas dismissed the lawsuit on December 3, finding that

Cano Petroleum Prevails in Lawsuit over Disclosure Statement – Skadden Arps Read More »

Law firms, which have spent the last year getting beaten up like never before, are planning to raise billable rates in ‘10. Clients, meanwhile, many of whom have also struggled through a lackluster ‘09, are at last playing hard ball. In other words, conflict looms.

Moneygrab2

Last month, Susan Blount, the general counsel of Prudential Financial, sent a letter to the 60 law firms the insurance giant uses regularly. The letter addressed the general economy and the need to cut costs, but one announcement stuck out: Prudential informed the firms that in calendar year 2010, the company expected to pay for

Law firms, which have spent the last year getting beaten up like never before, are planning to raise billable rates in ‘10. Clients, meanwhile, many of whom have also struggled through a lackluster ‘09, are at last playing hard ball. In other words, conflict looms. Read More »

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