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Consultant: Crisis of Confidence in Leadership Sunk Dewey & LeBoeufMay 31 (Bloomberg Law) — Kent Zimmermann, consultant at the Zeughauser Group, and Bill Rochelle from Bloomberg News talk with Bloomberg Law’s Lee Pacchia about law firm Dewey & LeBoeuf’s bankruptcy filing in the Southern District of New York. Kent believes Dewey’s bankruptcy case will be prolonged and messy. Bill says that former Dewey partners [...]
June 1, 2012 -
Will Facebook's IPO Fiasco Force Regulatory Reforms?May 24 (Bloomberg Law) — Amid allegations of selective disclosure of information and technical problems on the NASDAQ, Facebook’s initial public offering has led to a flurry of litigation. According to Roben Farzad and Josh Brown, however, the missteps are unlikely to lead to any meaningful regulatory reform. Roben is a senior writer at Bloomberg [...]
May 24, 2012 -
How to Tell if Your Law Firm Is the Next DeweyMay 24 (Bloomberg Law) — Paul Lippe, founder and CEO of the lawyer collaboration website Legal OnRamp, published a checklist on ABAJournal.com to help big firm lawyers determine if their firm is the next Dewey & LeBoeuf. (http://bit.ly/Jtl5hh) Among the items are whether the firm’s mergers are really strategic, and whether the spread of compensation [...]
May 24, 2012 -
Whalen: Go Back To The Future To Fight Fraud With Equity ReceiversMay 23 (Bloomberg Law) — Chris Whalen, senior managing director at Tangent Capital Partners, and Bill Rochelle from Bloomberg News talk with Bloomberg Law’s Lee Pacchia about how the so-called in pari delicto defense stops trustees from suing for fraud in cases such as MF Global and Bernie Madoff. Whalen argues that appointing equity receivers, [...]
May 24, 2012 -
IP Law: Beastie Boys Sued for SamplingMay 18 (Bloomberg Law) — On May 4, Adam Yauch – better known as MCA of the Beastie Boys – died at 47 after a battle with cancer, but his legal legacy lives on. The day before his death, the group was sued in federal court by the publisher for Trouble Funk, which claims the [...]
May 18, 2012 -
MF Global Bankruptcy Claim Trading Jumps In Recent WeeksMay 17 (Bloomberg Law) — Andrew Gottesman, head of bankruptcy claims trading at Secondmarket, Inc., and Bill Rochelle from Bloomberg News talk with Bloomberg Law’s Lee Pacchia about claims trading in major cases such as MF Global, Bernard Madoff and Lehman Brothers.
May 18, 2012 -
Whalen: Too Much Regulation Caused JP Morgan $2 Billion LossMay 17 (Bloomberg Law) — Last week JP Morgan Chase acknowledged a trading loss of at least $2 billion, fueling calls by some observers for more regulation of financial institutions. Chris Whalen, a Senior Managing Director at Tangent Capital Partner, tells Bloomberg Law’s Lee Pacchia that it was actually too much regulation that led to [...]
May 18, 2012 -
Author Cain Says Over 50% of Lawyers are Introverts: VideoMay 16 (Bloomberg) — Former Wall Street attorney and author Susan Cain talks about her book, “Quiet: The Power of Introverts in a World That Can’t Stop Talking,” and what it means to be an introvert or extrovert in the legal profession. Cain, speaking with Spencer Mazyck on a Bloomberg Law video, also discusses her [...]
May 16, 2012 -
Tech Start-Up Legal Issues 7: A Founder's Advice: VideoMay 14 (Bloomberg) — Avner Ronen, co-founder and chief executive officer of Boxee Inc., talks with Bloomberg Law’s Spencer Mazyck about the company’s business model, strategy and legal challenges. Ronen shares his insights as part of a Bloomberg Law series, “Technology Start-Up Legal Issues.” (Source: Bloomberg)
May 14, 2012 -
Tech Start-Up Legal Issues 6: A VC's Advice: VideoMay 7 (Bloomberg) — Ian Sigalow, a partner at Greycroft Partners LLC, talks with Bloomberg Law’s Spencer Mazyck about legal challenges confronting technology start-ups and model venture capital financing documents. Sigalow shares his insights as part of a Bloomberg Law series, “Technology Start-Up Legal Issues.” (Source: Bloomberg)
May 7, 2012 -
Oracle v. Google: Inside the Courtroom [audio] May 4, 2012 -
Asteroid Mining in Space: Is it Legal?May 3 (Bloomberg Law) — Frans von der Dunk, professor of Space Law at University of Nebraska-Lincoln, College of Law, talks with Bloomberg Law’s Lee Pacchia about the legal implications of a new company’s plans to mine near Earth asteroids for precious metals and water. The company, Planetary Resources, is a startup backed by Google [...]
May 3, 2012 -
Rochelle: Customer Appeals Preventing Madoff Trustee DistributionsMay 2 (Bloomberg Law) — Bloomberg Law’s Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about a recent decision from U.S. District Judge Jed Rakoff in the Madoff bankruptcy case. Bill also addresses recent controversy over claims that trustee Irving Picard has been paid more than he has distributed to customers.
May 3, 2012 -
Judge: New Rules Help Fix Foreclosure Accounting DisputesMay 2 (Bloomberg Law) — The Hon. Raymond T. Lyons, bankruptcy judge for the District of New Jersey talks about how a new set of rules from the Mortgage Liaison Committee has helped alleviate some of the foreclosure accounting issues plaguing many bankruptcy courts around the country. The committee is composed of representatives from the [...]
May 3, 2012 -
The Rise (and Fall?) of Big Law FirmsBig law firms may be headed into a down cycle they haven’t seen since the 1930s, according to Atlanta lawyer Michael Trotter, who has written the forthcoming book “Declining Prospects” about the economic cycles of the nation’s largest law firms. He tells Bloomberg Law’s Josh Block that the Great Depression lasted 30 years for the [...]
April 30, 2012 -
Tech Start-Up Legal Issues 5: Hiring a Lawyer: VideoApr. 30 (Bloomberg) — Caine Moss, a partner at Goodwin Procter LLP, talks with Bloomberg Law’s Spencer Mazyck about hiring legal counsel for technology start-ups and attorney’s fee arrangements. Moss shares his insights as part of a Bloomberg Law series, “Technology Start-Up Legal Issues.” (Source: Bloomberg)
April 30, 2012 -
SDNY Chief Bankruptcy Judge: Federal Mortgage Assistance Starting to Help DebtorsApril 30 (Bloomberg Law) — Richard Pachulski, partner at Pachulski, Stang, Ziehl & Jones LLP, talks with Bloomberg Law’s Lee Pacchia at the American Bankruptcy Institute Annual Spring Meeting in Washington DC about what clients need from their restructuring professionals in the current market and whether the relative dearth of chapter 11 work in the [...]
April 30, 2012 -
Pachulski: Lack of Bankruptcy Cases is a Cyclical IssueApril 30 (Bloomberg Law) — Richard Pachulski, partner at Pachulski, Stang, Ziehl & Jones LLP, talks with Bloomberg Law’s Lee Pacchia at the American Bankruptcy Institute Annual Spring Meeting in Washington DC about what clients need from their restructuring professionals in the current market and whether the relative dearth of chapter 11 work in the [...]
April 30, 2012 -
Rochelle: SCOTUS Leaning Toward Lenders' Rights in Credit Bidding CaseApril 27 (Bloomberg Law) — Bloomberg Law’s Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about his impressions after attending the Supreme Court oral argument in RadLAX Gateway Hotel, LLC v. Amalgamated Bank. The case examines whether secured lenders have inalienable rights to credit bid in single asset real estate bankruptcies.
April 30, 2012 -
Attorney: NFL Concussion Lawsuits Represent "Tip of the Iceberg"April 26 (Bloomberg Law) — In the wake of the New Orleans Saints bounty scandal in which players, coaches and staffers paid players bonuses for injuring their opponents, some are wondering if the National Football League and its franchises are doing enough to protect its players. Attorney Steve Olenick from SNR Denton represents professional athletes [...]
April 30, 2012