Law Firm News
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The law firm of the trustee liquidating the Lehman Brothers Inc. brokerage asked a judge to approve fees and expenses of $37.5 million for the period from July 1 through February 28.
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Seyfarth Shaw LLP hired Steven R. Meier for its corporate department in Chicago. Meier joins Seyfarth from Jenner & Block LLP, where he was the co-chairman of the real-estate securities practice and a member of its tax department, the firm said in a statement.
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Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.
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Virginia Governor Robert McDonnell and Attorney General Ken Cuccinelli are being investigated by a Richmond prosecutor over the omission of gifts from their financial disclosure forms, according to statements from Cuccinelli’s office.
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A court ruling that cast doubt on the authority of its director has hampered the U.S. Consumer Financial Protection Bureau, slowing some enforcement, impeding recruitment of a second-in-command and delaying joint ventures with the states, people briefed on the agency’s work said.
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As a North Carolina congressman, Mel Watt has tried to arm struggling homeowners with a legal “sledgehammer” against lenders and expand the ranks of people eligible to cut their mortgage principal.
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Kasowitz, Benson, Torres & Friedman LLP hired insurance recovery litigators Jerold Oshinsky and Linda Kornfeld from Jenner & Block LLP as partners to open the firm’s Los Angeles office.
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Law firm leaders are failing to make the changes necessary to effectively manage their enterprises under today’s conditions, according to a new survey by consultant Altman Weil.
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Great Portland Estates Plc, the real estate developer focused on London’s West End, said full-year profit rose 16 percent as the value of its properties increased.
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Deutsche Bank AG, continental Europe’s biggest bank, is asking investors to replace three non- bankers supervising its executives with finance and legal experts after litigation-related costs eroded profit last year.
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