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LeClairRyan Bankruptcy Highlights Pass-Through Tax Issue

Law 360

A Virginia bankruptcy court's recent ruling in the case of defunct law firm LeClairRyan shows there may be serious tax consequences for pass-through entity partners who give up their ownership interest without following operating agreement exit provisions and updating bankruptcy court filings, say Edward Schnitzer and Hannah Travaglini at Montgomery (..)

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Prohibiting trademarks using other people’s names — and hypothetical jurisdiction

SCOTUSBlog

Montgomery, McCracken, Walker & Rhoads, LLP. Stanley Waleski sued the law firm of Montgomery, McCracken, Walker & Rhoads, LLP in Pennsylvania state court for legal malpractice relating to its representation of him in a bankruptcy matter. The firm argues that Steel Co. Our second case is Waleski v.

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Justices take up cases on veterans’ education benefits and 16th Amendment

SCOTUSBlog

McDonough , the justices agreed to weigh in on a dispute over the interpretation of the Montgomery GI Bill and the Post-9/11 GI Bill, both of which provide educational benefits to veterans. After considering the case at two consecutive conferences, the court granted review. In the second case, Rudisill v. The justices dismissed Ardoin v.