Failed mergers lead to suits; former partners at Arter & Hadden claim firm didn't keep its promises
Article Abstract:
The Cleveland OH law firm of Arter and Hadden faces two lawsuits due to failed mergers. These suits were filed by former partners in law firms that merged with Arter and Hadden and allege fraud, breach of a partnership agreement and misrepresentation. Counterclaims allege that these lawyers used Arter and Hadden staff for their own business interests and failed to bill for work performed for the firm. Most failed law firm mergers do not result in litigation, but sources state that attorneys have departed Arter and Hadden on unfriendly terms before.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1993
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If the claim doesn't fit; more courts police lawyers' opening, closing statements
Article Abstract:
A new study of argument abuses in civil suits performed on behalf of the Center for Civil Justice Studies contends that these are common enough that judges have become willing to draw the line. Statements unfairly inflammatory and prejudicial would be an example. The study finds Florida's judges especially vigilant, citing several instances where new trials were ordered due to abuses. Pretrial orders that lawyers not raise certain issues are another method of discipline.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1997
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Goodwill and free will; New York's highest court holds that goodwill can be a partnership asset - if the contract permits it
Article Abstract:
New York has become one of the group of states which regard the goodwill value of a law firm as a distributable asset when the firm is dissolved. The New York ruling in Dawson v. White & Case came in mid-October 1996, while the first ruling was by the Ohio Supreme Court in 1985. The New York court also made clear, however, that law firms which state or imply in their partnership agreement that goodwill has no value will not have to pay it.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1997
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