Insights
Firm News

Heller Bankruptcy Ruling Puts 'Meat on the Bones' of Emerging Theory

January 30, 2014 Media Coverage

Daily Journal
January 30, 2014
“Heller Bankruptcy Ruling Puts 'Meat on the Bones' of Emerging Theory”

Farella Braun + Martel Bankruptcy Partner Gary Kaplan comments on a U.S. Bankruptcy Court ruling in the ongoing case of a defunct law firm.

According to Mr. Kaplan in the Daily Journal article, Montali strengthened and built upon a prior decision from the Coudert Brothers LLP bankruptcy case in New York, which in a 2012 ruling introduced the concept of using a hypothetical firm as the measuring stick for reasonable overhead and attorney compensation. Montali's ruling put "meat on the bones" of that ruling by accepting the New York court's view and providing additional detail on how it should be applied.

“This is one of the first times we're seeing where a court is going item by item and listing particular expenses and saying why they should or should not be included,” said Kaplan.

Firm Highlights

Publication

Securing Against Trade Secret Pitfalls and Dangers Arising From Employee Mobility Situations

Published on ACCDocket.com . By Walt Norfleet, Smiths Group plc and Eugene Y. Mar, Farella Braun + Martel LLP Picture this: Your company is in a highly competitive industry with several leading players heavily supported...

Read More
News

Jeff Fisher Named Among California’s 2019 Top Trade Secrets Lawyers by the Daily Journal

SAN FRANCISCO, October 9, 2019: Farella Braun + Martel is proud to announce that Jeffrey M. Fisher was named among the “Top Trade Secrets Lawyers” in California by the Daily Journal . Fisher has...

Read More
Event

PFAS Litigation Conference

Sarah Bell will be speaking at Law Seminars International's PFAS Litigation Conference program, "Lines of Defense" on December 10. Details: Assessing and choosing among the legal options for defending toxic tort, mass tort, and...

Read More
Publication

What Employers Should Know About the California Consumer Privacy Act Taking Effect January 1, 2020

On January 1, 2020, the California Consumer Privacy Act (CCPA), a consumer-friendly privacy law inspired by the European Union’s General Data Protection Regulation, is set to take effect. The CCPA is aimed towards bolstering...

Read More
Event

Litigating Civil and Criminal Trade Secret Cases: Trends, Best Practices, and Lessons Learned

Trade secret litigation is on the rise, both civil litigation and follow-on criminal prosecution for trade secret theft. Companies are grappling with how to protect their valuable information and minimize risk in their technological...

Read More
News

Farella Braun + Martel Deepens Environmental Practice With Partner Donald Sobelman

Read More
Publication

Reimbursement of Employment-Related Expenses Is Not a “Wage and Hour” Claim Within the Meaning of EPLI Exclusion

A recent California appellate court decision found that a wage and hour exclusion in an Employment Practices Liability Insurance (“EPLI”) policy did not bar coverage for claims under California Labor Code sections 2800 and...

Read More
News

Benchmark California 2020 Ranks Farella Among Top Litigation Firms

Doug Young named among Top 20 Trial Lawyers in California SAN FRANCISCO, October 16, 2019: Farella Braun + Martel continues to be ranked among the top litigation firms by Benchmark California 2020, a guide...

Read More
Publication

San Francisco Now Requires 100% Renewable Energy for Commercial Buildings

The San Francisco Board of Supervisors passed an ordinance this week requiring owners of all nonresidential buildings in San Francisco of at least 50,000 square feet to provide all on-site electricity demands from 100...

Read More
Event

WSJ Pro Cybersecurity Symposium

Tyler Gerking will be speaking at the WSJ Pro Cybersecurity Symposium session, "The Role of Cyber-Insurance." Details: How much should you buy, what does it cover and how does it fit with an overall...

Read More