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May 18th, 2022
Last of LeClairRyan’s Partners Battle Opaque Tax Threat
Ethics & Professional Responsibility Litigation Partner Ronald C. Minkoff is quoted in the article, “Last of LeClairRyan's Partners Battle Opaque Tax Threat” published by Law360. The article discusses LeClairRyan’s failed conversion strategy deal with UnitedLex and the outstanding tax liability of the last standing shareholders. Ron called the tax scuffle an unusual but striking illustration of the problems waiting for the last shareholders of a bankrupt law firm. He is quoted saying, “The logistical mess of being the last ones at a firm when it's shutting down, it's extraordinary. They're the ones who have to deal with the angry clients, figure out where all the files go, and they're going to be the first ones that the banks or creditors go after, just because they're still around" and "Let's just say, no one is going to show you any consideration for being there at the very end."
Read the full article here. (Behind paywall)
Other Quoted
Wary of Rising Plastic Concerns, More Brands Are Turning to Compostable Disposables
AdWeek quotes Jeffrey A. Greenbaum on the ever-mounting plastic pollution problem and the infrastructure challenges associated with recycling bio-based plastics. Read more.
September 5 2023
Did the SEC Just Declare War on NFTs?
Decrypt and Cryptosaurus quote Jeremy S. Goldman on the SEC’s first-ever enforcement action over the sale of NFTs. Read more.
August 29 2023
#FromTheFrontLines: These Entertainment Lawyers Break Down What Black Creatives Are Striking For
Essence spoke with Marcie Cleary on the WGA and SAG-AFTRA strikes over ongoing labor disputes with the Alliance of Motion Picture and Television Producers. View Article
August 18 2023