Hertz Wins Approval to Offer Potentially Worthless Stock (2)
Hertz Global Holdings Inc. can go ahead with its plan to raise cash by selling new shares that the bankrupt car-rental company readily concedes could end up worthless. Judge Mary Walrath ruled during a bankruptcy court hearing Friday [...]
White House’s top lawyer at the Supreme Court to resign
(Reuters) - The U.S. government’s top advocate before the Supreme Court, Noel Francisco, who defended President Donald Trump’s policies, including the travel ban on people from mainly Muslim countries, is expected to resign, according to [...]
In an Uncertain Era for Law Firm Real Estate, Landlords Face New Pressures on Rent
Firms want short-term rent relief during the COVID-19 crisis as they rethink their future real estate needs. But a recent lawsuit involving Jenner & Block shows those conversations don't always work out. Forced out of [...]
Eversheds Sutherland Rolls Out Konexo Legal Services Subsidiary in the US
The firm set a $127 million annual revenue target for the international side of the venture when it launched last year, but it's taking a wait-and-see approach stateside. Eversheds Sutherland is formally rolling out subsidiary [...]
Star Litigators Karen Dunn, Bill Isaacson Leave Boies Schiller for Paul Weiss
Karen Dunn and Bill Isaacson, two partners on Boies Schiller Flexner’s executive committee known for representing an array of blue-chip technology companies and other prominent clients, are joining Paul, Weiss, Rifkind, Wharton & Garrison. The [...]
Legal Professionals Want to Keep Working From Home, but Will That Last?
Lawyers and law firm staff enjoy working remotely so much that 67% want to continue that arrangement once offices fully reopen following the coronavirus pandemic, according to a new survey by a company that does [...]