Let's Talk Tom Lauria!
The WSJ gives the love to Miami White & Case bankruptcy attorney Tom Lauria, who fought in vain to derail the Chrysler-Fiat sale:
According to the article, Tom received $900 an hour for his work in the Mirant bankruptcy.Judge D. Michael Lynn of the Northern District of Texas, who presided over the Mirant case, says Mr. Lauria "is, if anything, overly tenacious." He sometimes focuses "on the justice of his client's position to the exclusion of the merit of the opposition's arguments," the judge adds.
It is a widely shared view among lawyers who have worked with Mr. Lauria or battled against him. "I don't know many lawyers in the bankruptcy practice who take the idea of zealous representation of their client as seriously as he does," says Richard Chesley, a Chicago bankruptcy lawyer who has worked with Mr. Lauria on a couple of cases.
And, according to the DBR, the Indiana pension funds have paid White & Case over $2 million for Tom's efforts, which proved unsuccessful as the Supreme Court ultimately cleared the sale.
Now we know White & Case is struggling, and was profiled in the NYT on Sunday as a poster case for the woes of BigLaw. Indeed, they recently fired over 200 lawyers, nearly 1 in 10, including partners.
So, bankruptcy lawyers, was the $2+ million well-spent?
This entry was posted on at 6:48 AM and is filed under Thomas E. Lauria, White and Case. You can follow any responses to this entry through the RSS 2.0. You can leave a response.
VIP Followers
Popular entries
-
Several in-the-know readers have passed along an incendiary anonymous memo making the rounds among administrators and trustees regarding fin...
-
UPDATE: There is pending legislation for major changes to the alimony statute in Massachusetts. The Alimony Reform Act of 2011 was filed on...
-
500 Coke employees lost their health insurance the day after they went on strike. The union has sued under ERISA , claiming the action wa...
-
Two weeks ago, a Florida man was arrested for logging on to his Facebook account and requesting that his estranged wife list him as a "...
-
Medical marijuana legal in some states, is creating some employment law problems . Seems employees with prescriptions for medicinal use of ...
-
Today marks day 100 of the Mott's strike . The pro-union writer, Michael Winship, does a pretty good job of outlining the economics of ...
-
This business owner's letter to the editor makes a strong case for preservation of the secret ballot for determining a union's maj...
-
Here is another example (the leather goods industry) of the absolute collapse of domestic manufacturing causing the elimination of high pa...
-
Responding to a request from Congressman Darrell Issa (R. CA), David Berry, the Inspector General for the NLRB has determined Craig Becke...
-
Boy it's slow out there, huh? I was going to point out that anybody with a law license is now apparently under consideration to be the n...
# by Smith Colin - May 6, 2021 at 10:35 AM
I really liked your Information. Keep up the and keep sharing this type of information Personal Injury Lawyer Sherman Oaks