October 29, 2024
A Fourth Circuit panel appeared confused and noncommittal Tuesday as it wrestled with a narrow question of contract interpretation that could determine whether Gary LeClair of defunct LeClairRyan PLLC is on the hook for massive tax bills tied to the firm's collapse.
July 30, 2024
A Virginia bankruptcy judge Tuesday approved a settlement of more than $1.4 million of claims against the estate of the defunct LeClairRyan law firm by two former firm attorneys.
July 09, 2024
The liquidating trustee of shuttered law firm LeClairRyan PLLC on Tuesday proposed two settlements with former attorneys to resolve their roughly $2.1 million in claims for $1.4 million by granting them unsecured interests as part of the bankruptcy case in Virginia federal court.
February 02, 2024
Quinn Emanuel is seeking approval for more than $13 million in final fees and expenses for its role as special counsel in the LeClairRyan PLLC bankruptcy case.
December 19, 2023
The Chapter 7 trustee of defunct law firm LeClairRyan PLC received bankruptcy court permission Tuesday to continue funding the operation of the firm's information infrastructure as she works toward final resolution of claims against the estate and winding down the bankruptcy.
November 28, 2023
A Virginia bankruptcy judge has approved just under $2.1 million in fees for Foley & Lardner LLP for its work on defunct law firm LeClairRyan's bankruptcy after Foley agreed to drop its fee dispute with Quinn Emanuel Urquhart & Sullivan LLP, which succeeded it as counsel to the Chapter 7 trustee in the case.
September 28, 2023
A Virginia bankruptcy judge on Thursday unsealed Foley & Lardner LLP's application for about $2.2 million in fees for work performed on behalf of the Chapter 7 trustee of bankrupt law firm LeClairRyan PLLC and set a hearing date to determine whether Foley & Lardner can actually be paid those fees.
August 29, 2023
A Virginia federal judge who recently shot down an "offensive" settlement between a trustee and a LeClairRyan founder with tax headaches related to the bankrupt firm on Tuesday was set to approve a stripped-down version of the deal, the trustee's counsel has said.
August 23, 2023
A Virginia bankruptcy judge let counsel for a LeClairRyan founder off with a warning for failing to appear at a hearing last month at which he and the LeClairRyan bankruptcy trustee were criticized for submitting an "unseemly" settlement motion.
August 08, 2023
Vigorous resistance from two Virginia federal judges about a settlement proposal with a BigLaw founder was both legal and personal, experts tell Law360 Pulse, and should act as a warning about how to get courts to toss previous decisions as part of a settlement.