The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
New Jersey firm Lowenstein Sandler has beaten US heavyweights Reed Smith, Sonnenschein Nath & Rosenthal and Winston & Strawn to advise the unsecured creditors committee in a Chapter 11 bankruptcy matter.
The firm, ranked 173 in the AmLaw 200, won a beauty parade to represent the unsecured creditors committee - which represents 500 plaintiffs who were caught up in a discotheque fire in Rhode Island in February 2003 - in the bankruptcy proceedings of Foamex International.
Lowenstein partners Kenneth Rosen and Sharon Levine are leading the team.
Foamex suffered financially after one of the company's insulation products was found to have helped spread the fire.
The case, filed in Delaware, involves $90m (£50.7m) in trade debt and $700m (£394.6m) in bondholder debt.