October 27, 2022
Counsel for LeClairRyan's Chapter 7 trustee told a Virginia bankruptcy judge Thursday that the trustee is turning to focus on dealing with the claims against the defunct law firm, including malpractice suits seeking more than $626 million in damages.
August 12, 2022
An insurance business has urged a Kansas federal court to rule it has no obligation to defend or indemnify UnitedLex Corp. in an underlying lawsuit in which the legal services company is accused of conspiring to mismanage the joint venture of a law firm on the verge of bankruptcy.
August 10, 2022
The U.S. Trustee's Office has dropped a challenge to a $21 million settlement between legal services provider UnitedLex and a representative for the estate of the defunct LeClairRyan LLC.
August 05, 2022
The Boy Scouts of America got a court's nod for the linchpin of its $2.7 billion Chapter 11 plan, the defamation damages trial of conspiracy theorist Alex Jones and his bankrupt media enterprise resulted in nearly $50 million in damages, and customers of cryptocurrency platform Voyager Digital can withdraw their cash from custodial accounts. This is the week in bankruptcy.
August 04, 2022
The Chapter 7 trustee for defunct LeClairRyan PLLC is seeking more BigLaw firepower for an unusual dispute with the Office of the U.S. Trustee, which has pledged to fight a $21 million settlement with UnitedLex and a court order keeping many of its details under wraps.
July 21, 2022
Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.
July 19, 2022
The U.S. trustee for Virginia is planning another challenge to a federal judge's orders in the LeClairRyan LLC bankruptcy and a $21 million settlement with legal services provider UnitedLex, according to a Tuesday filing.
July 14, 2022
The Virginia federal judge leading the LeClairRyan LLC bankruptcy case questioned Thursday whether the U.S. trustee could challenge a $21 million settlement struck by a Chapter 7 trustee with legal services giant UnitedLex.
July 13, 2022
Liquidators were cleared to take discovery from the founders of foundering Three Arrows Capital, account holders of cryptocurrency broker Voyager Digital hold out hope for recovery, and mediation of sex abuse claims in the case of a New York youth club was approved. This is the week in bankruptcy.
July 12, 2022
The Office of the U.S. Trustee will challenge a $21 million settlement recently struck over the tangled relationship between LeClairRyan and UnitedLex, continuing the fight over a $3.15 million payment for Quinn Emanuel that came with the deal's approval, according to a Monday filing in Virginia federal bankruptcy court.