Demand

Public Demand for Transparent Government Rises as Citizens Face Uphill Battle in Enforcing Openness

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Phoenix, Arizona – A nationwide review conducted by The Associated Press and CNHI News has uncovered a complex web of systems for resolving open government disputes across the United States. The findings, released during Sunshine Week, indicate that less than a third of states possess offices capable of compelling agencies to release documents or comply with open meetings requirements in response to residents’ complaints. In most states, the only recourse for individuals seeking to resolve complaints regarding the wrongful withholding of public records is to file expensive lawsuits. Alabama, for instance, only offers the option … Read more

Otterbourg PC Establishes New Mass Tort Bankruptcy Practice Group Amidst Growing Demand in BigLaw

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New York, NY – In a move that reflects the ongoing trend within the legal industry, Otterbourg PC has announced the creation of a specialized mass tort bankruptcy practice group. The group will be led by a recently hired restructuring attorney, as the firm seeks to capitalize on the increasing demand for bankruptcy talent. The decision to formalize a dedicated cross-departmental practice group comes as many BigLaw firms continue to prioritize bolstering their expertise in the field of bankruptcy law. Otterbourg PC, a prominent law firm based in New York, is positioning itself to meet … Read more

Otterbourg PC Launches Innovative Cross-Departmental Mass Tort Bankruptcy Group Amid Rising Demand for Bankruptcy Talent

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New York, NY – In a move indicative of the legal industry’s current trend, Otterbourg PC has announced the establishment of a mass tort bankruptcy practice group. This comes as many major law firms continue to seek out talent specializing in bankruptcy law. Under the guidance of a newly hired restructuring attorney, this cross-departmental group aims to streamline handling of mass tort bankruptcy cases. The decision by Otterbourg PC to formalize their mass tort bankruptcy practice group underscores the increasing importance placed on this area of law. With the surge in high-profile bankruptcies and mass … Read more

Lawyers Demand $6 Billion Worth of Tesla Shares as Fees for Unlawful Pay Package Case Victory

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WILMINGTON, Del. (AP) — Lawyers in Delaware are seeking nearly $6 billion worth of Tesla stock as their fee for successfully arguing that CEO Elon Musk’s 2018 pay package was unlawful, according to court documents. The requested fee would surpass previous records for attorney compensation if approved by a judge. In 2008, lawyers working on Enron-related class actions were awarded $688 million in fees. The lawyers, who represented former heavy metal drummer Richard Tornetta and other Tesla investors, convinced the Delaware chancery court to invalidate Musk’s $56 billion pay package from 2018. The court ruled … Read more