June 29, 2022
The U.S. Supreme Court took up a lease fight between Sears Holdings and the Mall of America, Gulf Coast Health Care got its Chapter 11 plan confirmed, and contractors owed money by the owner of the Carolina Panthers want a bankruptcy venue transfer. This is the week in bankruptcy.
June 28, 2022
A Virginia bankruptcy judge approved a $21 million settlement between the Chapter 7 trustee for defunct law firm LeClairRyan PLLC and the legal services provider she accused of bleeding the firm of millions and driving it into liquidation.
June 01, 2022
The bankrupt Diocese of Camden received approval for its Chapter 11 plan disclosures with warnings from the court, Sidley Austin was found not to be conflicted when it represented the Boy Scouts of America, and Arizona law doomed a $16 million lien claim asserted by the Dutch government in the MD Helicopters bankruptcy. This is the week in bankruptcy.
May 31, 2022
The Chapter 7 trustee for LeClairRyan PLLC asked a Virginia bankruptcy judge on Tuesday to approve an approximately $21 million settlement with legal services provider UnitedLex for the part it allegedly played in driving the law firm into liquidation.
March 29, 2022
A Virginia bankruptcy judge denied on Tuesday requests by attorney Gary LeClair and other former members of LeClairRyan to be struck from a list of the bankrupt law firm's shareholders, finding that they retained their shares and the tax liabilities that came with them.
November 30, 2021
The trustee for the bankrupt LeClairRyan has received the go-ahead from a Virginia federal judge for a nearly $9.5 million settlement with the firm's insurer and former leaders of allegations of a conspiracy with legal services provider UnitedLex that helped sink the firm.
November 22, 2021
The trustee for the now-defunct LeClairRyan has called on a Virginia judge to greenlight a nearly $9.5 million settlement with its insurer over certain claims related to a purported conspiracy with legal services provider UnitedLex and other entities that plunged the law firm into bankruptcy.
September 28, 2021
A founding partner of now-defunct LeClairRyan PLLC is firing back at new claims by the firm's Chapter 7 trustee that he played a part in a conspiracy with legal services provider UnitedLex and other entities that resulted in the law firm's bankruptcy.
April 15, 2021
The court-appointed trustee overseeing the Chapter 7 case of shuttered law firm LeClairRyan told a Virginia judge Wednesday that she had reached a settlement with the firm's former general counsel, who has admitted to embezzling $2.5 million from a LeClairRyan trust account.
January 26, 2021
The trustee for bankrupt law firm LeClairRyan is pushing back at a bid by legal services giant UnitedLex to move the trustee's $128 million conspiracy and breach of duty suit out of a Virginia bankruptcy court, saying the claims are "inextricably" part of the bankruptcy case.