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Wednesday, May 30, 2012

LATimes: Firm that represented Frank McCourt in bankruptcy goes bankrupt

Irony is one of our most overused words, but come on …

News has come from back east that the law firm of Dewey & LeBoeuf is filing for bankruptcy.

Besides the little detail that this is the largest law firm to go under in U.S. history, there is this one other notable fact:

The law firm going bankrupt is the same law firm that handled Frank McCourt’s bankruptcy of the Dodgers.

Tripon Posted: May 30, 2012 at 12:46 PM | 12 comment(s) Login to Bookmark
Tags: dodgers, franchise sale

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1. karlmagnus Posted: May 30, 2012 at 01:56 PM (#4143120)

Bet he hasn't paid their bill.

2. KT's Pot Arb Posted: May 30, 2012 at 02:12 PM (#4143138)

I'm pretty sure he listed a future settlement with Dewey as "security" for the last Fox loan. I'm guessing he's not going to get the settlement he touted.

3. Toolsy McClutch Posted: May 30, 2012 at 02:29 PM (#4143159)

Is Shia LaBeouf the douchiest B-grade talent ever?

4. Crispix Attacks 2: Swag Airlines Posted: May 30, 2012 at 02:51 PM (#4143183)

No.

5. Misirlou is bad, he's nationwide Posted: May 30, 2012 at 02:56 PM (#4143190)

Is Sleepy LaBeef the awesomest b-grade talent ever?

6. aleskel

Posted: May 30, 2012 at 02:58 PM (#4143194)

Those responsible for sacking the people who have just been sacked have been sacked.

7. phredbird

Posted: May 30, 2012 at 04:19 PM (#4143309)

is this even legal?

8. ColonelTom Posted: May 30, 2012 at 04:51 PM (#4143357)

How meta.

9. Liver of blaspheming 'zop Posted: May 30, 2012 at 05:22 PM (#4143377)

It's perhaps a bit more interesting that Bienenstock (sp?) landed at Proskauer, which supposedly has a sports practice (whatever that means). Anyone in the restructuring business knows there are more sports team bankruptcies coming down the pike.

10. Liver of blaspheming 'zop Posted: May 30, 2012 at 05:23 PM (#4143379)

I'm pretty sure he listed a future settlement with Dewey as "security" for the last Fox loan.

Wrong.

11. Walt Davis Posted: May 31, 2012 at 12:51 AM (#4143874)

Actually, who better to know when the right time to declare bankruptcy is than a bunch of bankruptcy experts?

12. KT's Pot Arb Posted: May 31, 2012 at 12:53 AM (#4143878)

http://articles.latimes.com/2011/aug/02/sports/la-sp-dodgers-malpractice-20110803

Bingham McCutchen damnit. I guess that hoping he loses out on $30M diesnt matter much now that he's a billionaire.

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Wednesday, May 30, 2012

LATimes: Firm that represented Frank McCourt in bankruptcy goes bankrupt

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