Bankruptcy
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Bankruptcy, Biglaw, Billable Hours, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Money, Partner Issues, S.D.N.Y., Vicious Infighting
Dewey Have Some Pretty Expensive Bankruptcy Advisers? How Much Do They Charge?
How much are Dewey's bankruptcy lawyers and other advisers charging? And what else is going on in this epic law firm bankruptcy? -
American Bar Association / ABA, Bail, Bankruptcy, Biglaw, Dewey & LeBoeuf, Gay Marriage, Law Schools, LSAT, Morning Docket, S.D.N.Y.
Morning Docket: 06.19.12
* Dewey know how many professional services firms it takes to wind down a Biglaw firm? According to new D&L bankruptcy filings, there are at least eight of them — including Togut Segal & Segal, a leading law firm that reportedly charges $935 an hour. [WSJ Law Blog]
* Despite Barack Obama’s pledge of support, Brett McGurk has withdrawn his name from the White House pool of ambassadorial candidates amid much salacious controversy. Apparently this man knows a lost cause when he sees one. [Washington Post]
* So many DOMA lawsuits, so little time: what’s happening in the six major cases on this statute? The majority are in various stages of appeal, and the world at large is currently awaiting a cert filing to get a final take from the Supreme Court. [Poliglot / Metro Weekly]
* LSAC will now vet incoming law students’ GPAs and LSAT scores. The ABA won’t do it because they need the insurance policy of someone else to blame in case something happens to go wrong. [National Law Journal]
* Oh, my sweet little Mittens, you’re making it really hard for moderates like me to consider voting for you in November. Protip: you went to law school, so you should probably stop telling people that you didn’t. [Ology]
* Stephen McDaniel’s lawyers are expected to ask a judge to reconsider his $850K bond today. If he’s released, it seems like there’s a high probability that he’ll become an ATL commenter. [Macon Telegraph]
* Remember the legal fight over the Tyrannosaurus bataar? Well, now Preet Bharara, the U.S. Attorney for the S.D.N.Y., is on the case, and he wants to be seized for return to Jurassic Park Mongolia. [New York Observer]
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7th Circuit, Bankruptcy, Biglaw, Bloomberg, Dewey & LeBoeuf, Food, Law School Deans, Law Schools, Non-Sequiturs, Tax Law, Videos, YouTube
Non-Sequiturs: 06.14.12
* Some law schools are thinking about reducing class sizes, but others are not. Said one dean, “People want to go to our school, and why should we say no?” [The Faculty Lounge] * The fun coming out of the Seventh Circuit just doesn’t stop. Do you know what an “interrobang” is? [Volokh Conspiracy] * Speaking of the “What What (In the Butt)” opinion, here’s some analysis from Professor Ann Althouse. [Althouse] * Yeah, we know, we’re not supposed to give tax advice. So think of this as housing advice: if you earn $1 million or more, avoid living in a blue state. [TaxProf Blog] * Free Winona Eggs Benedict! A New York City Council bill seeks to remove “unnecessary obstacles” to getting Sunday brunch. [City Room / New York Times] * An Australian journalist’s thoughts on how to reform the Anglo-American legal system. [The Atlantic] * Hmm…. should I look into buying the domain name david.lat? [Legal Blog Watch] * How Dewey go through $43 million in six weeks? Is this like Brewster’s Millions or something? Discussion in this video....
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Bankruptcy, Biglaw, Brobeck Phleger & Harrison, Dewey & LeBoeuf, Dissolution, Howrey LLP, JPMorgan Chase, Kramer Levin, Litigators, Money, Partner Issues, Vicious Infighting
Dewey Spawn Ugly Litigation? And Battling in Bankruptcy Court? But Of Course!
Which former Dewey & LeBoeuf partner is now suing ex-leaders of the firm? And what's the latest news in the firm's bankruptcy battle? -
Bankruptcy, Basketball, Biglaw, Department of Justice, Dewey & LeBoeuf, Football, Job Searches, Law Schools, Money, Morning Docket, Women's Issues
Morning Docket: 06.12.12
* Dewey know how insolvency laws work in Dubai? The failed firm’s partners in the United Arab Emirates have filed for creditor protection in the hopes of receiving end-of-service payments. [The National]
* “This is your fault.” “Uh, no, this is all your fault.” “I’m going to sue you.” “Not if I sue you first.” Florida and the DOJ got into a good old fashioned slap fight yesterday over the purging of the state’s voter rolls. [Reuters]
* And now for your morning dose of nasty ass sexual abuse allegations. The testimony in the Jerry Sandusky case will continue today, with more lurid accounts from the former football coach’s accusers. [Bloomberg]
* Is this what it’s come to in the legal profession? Are people really so desperate for work that they’re willing to apply in droves for a job that pays less than minimum wage? By all accounts, it sure looks like it. [ABA Journal]
* Tips for parents of law school applicants? Screw that, ours are better: 1) tell your kid to read ATL; 2) smack your kid in the face if he still wants to apply; 3) repeat if necessary. [Law Admissions Lowdown / U.S. News]
* A female security official for the NBA who happens to be a law school graduate is suing for employment discrimination. And no one cares about women’s basketball any more than they did before. [New York Times]
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Bankruptcy, Biglaw, Brown Rudnick, Dewey & LeBoeuf, Dissolution, Kasowitz Benson, Lawyerly Lairs, Money, Partner Issues, Real Estate
Dewey Have Stephen DiCarmine as a Bankruptcy Creditor?(Plus pictures of his former office.)
Can you say 'chutzpah'? Stephen DiCarmine, the former executive director of Dewey & LeBoeuf who some blame for driving the firm into the ground, wants money out of the failed firm's bankruptcy estate. -
9th Circuit, Bankruptcy, Baseball, Biglaw, Billable Hours, Brown Rudnick, California, Copyright, Dewey & LeBoeuf, Football, Gay Marriage, Health Care / Medicine, Insider Trading, Kasowitz Benson, Kathleen Sullivan, Morning Docket
Morning Docket: 06.05.12
* Dewey know the firms that have been tapped to represent the groups that this failed firm owes money to? Yes, we do! Brown Rudnick for the unsecured creditors’ committee, and Kasowitz Benson for the former D&L partners. [Am Law Daily (sub. req.)]
* The Ninth Circuit is supposed to be issuing an order today regarding an en banc reconsideration request on the Prop 8 case. They really ought to slap a big fat denial on that motherf’er and call it a day so we get some SCOTUS action. [Poliglot / Metro Weekly]
* Matthew Kluger, most recently of Fried Frank, has been sentenced to 12 years in prison, which is the longest sentence that anyone’s ever received in an insider trading case. Uh yeah, he’ll definitely be appealing. [Wall Street Journal (sub. req.)]
* Hughes Hubbard & Reed has billed more than $17M in the first four months of its work on MF Global’s unwinding. Will the firm will be handing out spring “special” bonuses like they did last year? [Reuters]
* Mattel is appealing MGA’s $310M copyright award, claiming that the judgment was based on “erroneous billing invoices.” Don’t you call my billable hours into question, Kathleen Sullivan. [National Law Journal]
* Jerry Sandusky’s accusers will be named in court thanks to this judge’s ruling. But don’t worry — there’s no tweeting, texting, or emailing allowed in his courtroom. Like that’ll make a difference. [Legal Intelligencer]
* Trust me, I’m a lawyer: a disbarred Colorado attorney somehow managed to scam a convicted con artist out of more than $1 million. Now that’s some pretty sweet karmic intervention for you. [Missouri Lawyers Media]
* A bus driver is suing a hospital because he claims that instead of treating his painful erection, the staff watched a baseball game on TV. Whatever, that was a really great Yankees game. [Associated Press]
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Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Heller Ehrman, Howrey LLP, In-House Counsel, Lateral Moves, Money, Partner Issues, Partner Profits, Thelen Reid & Priest, Thelen Reid Brown Raysman & Steiner
Inside Straight: Dewey Know Who's Next?
Mark Herrmann believes it’s a near certainty that another firm will collapse within the next year or two. Who will it be? - Sponsored
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Bankruptcy, Barack Obama, Biglaw, California, Dewey & LeBoeuf, Dissolution, Election 2012, Federal Judges, Gender, Gloria Allred, Harvard Law Review, John Marshall Law School, Law Reviews, Law Schools, Marijuana, Money, Morning Docket, United Kingdom / Great Britain, Women's Issues
Morning Docket: 06.04.12
* Dewey know how deep in the red D&L’s international operations were? Enough to make you shout bloody hell and sacré bleu: the U.K. and Paris offices had liabilities of at least $175M. [Financial Times (reg. req.)]
* “To the extent that we the estate have claims, we would like to settle those claims sooner rather than later.” The joke’s on you if you thought you’d be able to keep your Dewey defector money. [Wall Street Journal (sub. req.)]
* According to the allegations in former Cravath associate Ellen Pao’s sex discrimination suit against venture capital firm Kleiner Perkins, the “Mad Men” culture seems to be alive and well in Silicon Valley. [New York Times]
* Who will be the first to puff, puff, pass the vote — Obama or Romney? It looks like the path to the White House in Election 2012 might depend upon the legalization of marijuana in key states like Colorado. [Reuters]
* Apparently you can’t take the “duh” out of “Flori-duh” when it comes to voting laws without a fight in the courts. A federal judge has blocked portions of the Sunshine State’s “onerous” voter registration law. [Bloomberg]
* “People want to go to our school, and why should we say no?” Because they can’t get jobs? Northwestern Law is considering shrinking its class sizes; John Marshall Law, not so much. [Crain’s Chicago Business]
* Stop crying about coming in second in the U.S. News rankings, Harvard, because you can still brag about beating Yale in having the most-cited law review articles of all time… for now. [National Law Journal (reg. req.)]
* Gloria Allred is representing one of the Miami “zombie’s” girlfriends for reasons unknown. Maybe the zombie apocalypse is truly upon is and she saw an opportunity to stand up for undead women’s rights. [CBS Miami]
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Bankruptcy, Biglaw, Comment of the Day, Contests, Dewey & LeBoeuf, Howrey LLP
Comment of the Week: Much Ado About Punning
Dewey have a Comment of the Week winner? Yes, we sure do… -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Headhunters / Recruiters, Lateral Moves, Money, Musical Chairs, Partner Issues
Dewey Plan To Give Retired Partners a Seat at the Bankruptcy Table?
What's the latest news in the Dewey & LeBoeuf bankruptcy? -
1st Circuit, Attorney Misconduct, Bankruptcy, Biglaw, Copyright, Defamation, Dewey & LeBoeuf, Facebook, Gay, Google / Search Engines, Job Searches, Law Schools, Legal Ethics, Masturbation, Milberg Weiss, Morning Docket, Partner Issues, Video games
Morning Docket: 06.01.12
* Dewey retired partners with unfunded pensions get a seat at the table for this bankruptcy circus? Yeah, but only because the U.S. Trustee did something unheard of and appointed a committee of former partners as creditors. [WSJ Law Blog]
* Yesterday was definitely a great day to be gay on the east coast. In addition to the First Circuit’s DOMA decision, a New York appellate court ruled that being called gay is no longer defamatory per se. [New York Law Journal]
* Milberg is the latest firm to dump Paul Ceglia of Facebook lawsuit fame, but Dean Boland, his other lawyer, says the Biglaw firm just “serve[d] as a distraction.” Somebody please give this man a dislike button. [Buffalo News]
* Humblebrag of the day by Judge Alsup of Oracle v. Google fame: he’s written lines of code “a hundred times before.” He also squashed Oracle’s API copyright infringement claims like bugs. [Courthouse News Service]
* Remember Kimberly Ireland, the Kansas attorney who falsely accused Judge Kevin Moriarty of waxing his gavel beneath the bench? She got a retroactive two-year suspension. [ABA Journal via Legal Profession Blog]
* Elizabeth Warren has confirmed that she told Harvard Law and Penn Law that she was a Native American, but only after she had been hired. She didn’t get any action of the affirmative variety, no sir. [Associated Press]
* Recent law school graduates are a little more desperate than we thought they were. At least 32 people have already applied for that BC Law job advertising a salary below minimum wage. [Boston Business Journal]
* Activision settled a lawsuit with two Call of Duty developers, but isn’t worried about an effect on its financials due to a strong third quarter performance. And you can thank your damn Elite packages for that. [PCMag]
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Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Money, Partner Issues
Dewey Know What Led to the Collapse? And What Lessons Can Be Learned?
Some updates on the Dewey bankruptcy case, plus a post-mortem on the firm from an industry expert.
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Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Rank Stupidity
How Dewey Prove That Everybody Hates Lawyers?
Being uninformed doesn't stop anybody from hating lawyers... -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Money, Partner Issues, S.D.N.Y., Severance, Sexism, Sexual Harassment, Thompson & Knight
Why Dewey Owe More Than $400K to a Former Associate?(And a report on Dewey's day in bankruptcy court.)
What happened at yesterday's bankruptcy court hearing for Dewey & LeBoeuf? And why does the firm owe more than $400,000 in "severance" to a former associate? -
9th Circuit, Bankruptcy, Biglaw, Canada, Dewey & LeBoeuf, Dissolution, Football, John Edwards, JPMorgan Chase, Kids, Morning Docket, Police, Politics, Pregnancy / Paternity, SCOTUS, Supreme Court, Trials
Morning Docket: 05.30.12
* Dewey have any cash to pay the people helping to wind down our firm’s business? Nope! Even though JPMorgan backed D&L’s $8.6M motion to fund the firm’s ongoing operations, Judge Glenn insisted that the bank “[r]oll [its] truck up and start collecting accounts receivable.” [Am Law Daily (reg. req.)]
* “Don’t tase my baby, bro!” SCOTUS has declined to review a case where the Ninth Circuit ruled that the use of a Taser on a seven-month pregnant woman constituted excessive force. [Thomson Reuters News & Insight]
* “The jury has sent a note that they’ve reached… [dramatic pause] … a good stopping point.” Judicial humor lightened the mood after the seventh day of deliberations without a verdict in the John Edwards trial. [ABC News]
* Dharun Ravi finally issued an apology for his “stupid and childish” behavior, and he’ll be heading off to serve his 30-day jail sentence on Thursday. And you know, that jail sentence is joke enough for this blurb. [CNN]
* “Dumb Blonde” isn’t a name that Elizabeth Warren takes too kindly to being called. She much prefers the name that her Native American ancestors bestowed upon her: “Running Joke.” [San Francisco Chronicle]
* Four of the alleged victims in the Jerry Sandusky case have asked the court to protect their identities. It’s kind of like the Michael Jackson case, but everyone cares more because this one involves football. [Bloomberg]
* Hundreds of lawyers, notaries, and other legal professionals took to the streets in Montreal earlier this week to publicly protest Bill 78, a law that limits public protests. That’s so meta, eh Canadians? [Montreal Gazette]
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Bankruptcy, Holidays and Seasons, Nina Totenberg, SCOTUS, Supreme Court
Summer Comes to One First Street
The day after Memorial Day was a slow day at the Supreme Court... -
Bankruptcy, Biglaw, Cars, Cellphones, Department of Justice, Dewey & LeBoeuf, Drugs, Facebook, Health Care / Medicine, Immigration, Law Schools, Morning Docket, New Jersey, Pets, Plaintiffs Firms, Politics, Prostitution, SCOTUS, Securities Law, Sentencing Law, Supreme Court
Morning Docket: 05.29.12
* Dewey have some novel issues for our bankruptcy lawyers, or what? As we noted last night, now that D&L has filed for Chapter 11, they’ll have to deal with bank debt, and bondholders, and possible criminal proceedings, oh my! [New York Law Journal]
* And did we mention that Dewey’s defectors and their new firms might get screwed out of millions thanks to the recent Coudert decision? You really should’ve tried to finish up your business before the firm flopped. [WSJ Law Blog]
* Our SCOTUS justices’ summer plans don’t include debating the results of their landmark health care and immigration cases. They’ll be off to fabulous destinations to teach by the first week of July. [Associated Press]
* A federal judge in Brooklyn doesn’t like what seems to be happening in the “game of grams” when it comes to mandatory minimum drug sentencing. Perhaps the DOJ will heed his call for reform. [New York Times]
* Facebook’s IPO was an epic fail, but it’s been great business for plaintiffs lawyers. Twelve securities class action firms are gathering leads and getting ready to sue, and two have already sued. [National Law Journal]
* This wasn’t exactly well planned: if you’re involved in state politics, it’s probably not a good idea to fake a legal internship with a state representative so that you can graduate from law school. [Concord Monitor]
* In happier news, a New York Law School graduate walked across the stage to receive her diploma with the help of her seeing-eye dog. The pooch hasn’t lifted a leg on her law degree… yet. [New York Daily News]
* “Brothels are never going to be a vote winner.” But even so, if you’re looking to get it in down under, a plan to build Australia’s largest cathouse may soon gain approval if lawyers are able to do their work quick and dirty. [Bloomberg]
* Thanks to this case, stupid teenagers in New Jersey who send texts to others that they know are driving can now revel in the fact that they can’t be held liable for injuries that may occur thanks to careless driving. [New Jersey Law Journal]
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Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Partner Issues, S.D.N.Y.
Dewey File for Bankruptcy? Yes -- It's About That Time
It was only a matter of time: Dewey & LeBoeuf has filed for bankruptcy. -
Bankruptcy, Biglaw, Contests, Dewey & LeBoeuf, Dissolution, Duane Morris, Lateral Moves, Musical Chairs, Pictures, Reader Polls
Dewey Have A Meme Contest Winner? Oh Yes We Do!(Plus some news updates.)
Which entry won our Dewey & LeBoeuf Meme Contest? And what other news do we have to report about the firm?