Law Firm News

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Law Firm News

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Jones, Skelton & Hochuli, P.L.C.

Appellate Attorneys Present at Phoenix International School of Law
Eileen GilBride, Randy Warner and Lori Voepel, all members of Jones, Skelton & Hochuli's Appellate Practice Group, will present at the Phoenix International School of Law's "Principles of Advocacy Workshops" on March 29 & 30, 2006. The two workshops, presented to first-year law students, will focus on brief writing, preserving the record for appeal and effective oral advocacy.

03-17-2006

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Frantz Ward LLP

Frantz Ward LLP Adds Lisa Kimmel To Employment and Business Counseling Practice
Cleveland, OH. The Cleveland law firm Frantz Ward LLP has added Lisa M. Kimmel to its business counseling and employment practice as of counsel. Ms. Kimmel counsels clients on employee benefits and compensation issues, and will focus on fiduciary, tax and compliance issues relating to qualified and nonqualified retirement plans, individual retirement accounts, plan mergers and transfers, and distribution planning.

Ms. Kimmel is a graduate of Case Western Reserve University School of Law, and received her undergraduate degree from Bucknell University.

03-17-2006

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Schnader Attorney At Law

Schnader Harrison Increases Associate Salaries
"Schnader Harrison Segal & Lewis is following suit with several other large Philadelphia firms in raising its first-year salary from $115,000 to $125,000.

The increase will be effective July 1, 2006, and will be given in each of the firm's seven offices. That does not mean, however, that all of the offices will start at the same level, according to firm managing partner Diana S. Donaldson. Some offices will be higher and others lower.

The $10,000 increase will be given at every associate level with the exception of those high-level associates that made a lateral move into the firm and are already under special salary arrangements, Donaldson said.

The firm chose July 1 as the starting date for increases because it recently came off paying out its bonuses at the end of January, she said.

The firm had a reserve in its budget for these types of contingencies, and Donaldson said that would pay for part of the cost of the increase. The remainder will be handled through cost management, which has been a focus for the firm in the past few years, she said. Billable-hour requirements will not change because of the increase, she said.

Donaldson said the increase was motivated by how much the firm values its associates, who she said work very closely with the partners on a regular basis.

""We are highly competitive in recruitment, and we want to make sure we maintain that competitive edge,"" she added.

Schnader Harrison bumped its pay most recently on the heels of Buchanan Ingersoll, which raised its starting salaries to $125,000 on Wednesday. "

03-17-2006

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Stutman, Treister & Glatt

ST&G Wins Bigger Payout for O\'Sullivan Industries Creditors
O'Sullivan Industries, Inc. and its affiliates (""O'Sullivan"") filed a pre-negotiated plan of reorganization that, if confirmed, would have wiped out all general unsecured creditors and handed the reorganized company over to O'Sullivan's senior secured creditors.

ST&G appeared at four days of first day hearings, arguing that the general unsecured creditors were not out of the money, were entitled to time and information to prove their case, and were entitled to a distribution. The Official Committee of Unsecured Creditors for O'Sullivan then decided to retain ST&G, which challenged the efforts of O'Sullivan and the secured creditors to ""fast track"" their plan to confirmation. Through its extensive analysis of O'Sullivan's financial affairs, and its development of novel and aggressive legal theories, ST&G demonstrated that, rather than being wiped out, general unsecured creditors were entitled to millions of dollars.

ST&G promptly commenced discovery efforts relating to O'Sullivan's proposed disclosure statement, and also filed a lawsuit against the senior secured creditors challenging the scope of their asserted liens and the value of their collateral. Ultimately, O'Sullivan and the senior secured creditors engaged in settlement negotiations that resulted in plan modifications providing for a recovery of 9% to 17% for general unsecured creditors, and a distribution to the subordinated bondholders of warrants for approximating 10% of the reorganized company. The modified plan, which was confirmed on March 16, 2006, validated ST&G's advocacy. Even though the senior secured creditors received less than payment in full, the confirmed plan, rather than wiping out general unsecured creditors as envisioned by the plan that was pre-negotiated by the debtor and its secured creditors, provided general unsecured creditors with a meaningful recovery on their claims.

03-16-2006

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Shumaker, Loop & Kendrick, LLP

Shumaker, Loop & Kendrick, LLP Welcomes New Tampa Attorney
Shumaker, Loop & Kendrick, LLP is pleased to announce that Seth P. Traub has joined the firm, practicing in the Tampa, Florida office.

Mr. Traub joins the firm as an Associate in the Litigation Practice Group. Seth received his J.D. from the University of Florida Levin College of Law as well as his Masters in Sports Management from the University of Florida College of Tourism, Recreation and Sport Management in 2005. He received his B.S. in Journalism and Communications from the University of Florida in 2002.

03-16-2006

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Boylan, Brown Attorneys At Law

Boylan Brown Attorneys Named to \"Best Lawyers in America\"
Boylan Brown is pleased to announce that 9 of its attorneys have been selected for inclusion in the 2006-07 edition of The Best Lawyers in America. Since 1983, The Best Lawyers in America has been the preeminent guide to legal expertise in the United States by using an extensive peer-review survey to identify the top attorneys in their respective practice areas.

The Boylan Brown attorneys honored among The Best Lawyers in America are:

Robert E. Brown - Partner; selected in Tax Law

Mary V. Fisher - Of Counsel; selected in Trusts & Estates

Warren H. Heilbronner - Of Counsel; selected in Trusts & Estates

C. Bruce Lawrence - Of Counsel; selected in Bankruptcy & Creditor-Debtor Rights Law

Sherman F. Levey - Of Counsel; selected in Tax Law

Patrick M. Malgieri - Managing Partner; selected in Banking Law

J. William Reeves - Partner; selected in Corporate, Mergers & Acquisitions, and Securities Law

Richard D. Rosenbloom – Of Counsel; selected in Alternative Dispute Resolution

Justin L. Vigdor - Partner; selected in Corporate, Mergers & Acquisitions, and Securities Law.

03-16-2006

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Stevens & Lee P.C.

Stevens & Lee\'s James C. Schwartzman Re-Elected as Vice Chairman of SEPTA Board of Directors
James C. Schwartzman has been unanimously re-elected as Vice Chairman of the Board of Directors of the Southeastern Pennsylvania Transportation Authority (SEPTA). A member of the SEPTA board since 1991, he has served as Vice Chairman since 1998.

Mr. Schwartzman, a Shareholder, represents and counsels lawyers and judges on ethics-related issues. He has an active federal white collar criminal defense practice and frequently argues cases before the Pennsylvania Supreme Court. He also has extensive trial experience in civil matters.

Mr. Schwartzman also is a member of the Board of Directors of Independence Blue Cross and a member of The Committee of Seventy. He is a former Chairman of the Supreme Court of Pennsylvania's Disciplinary Board and Continuing Legal Education Board. He received a J.D., cum laude, from Villanova University School of Law (1972) and an A.B. from
Washington University (1967).

ABOUT STEVENS & LEE
Stevens & Lee is a professional services firm of approximately 180 lawyers and more than 40 business and consulting professionals. The firm represents clients throughout the Mid-Atlantic region and across
the country from 14 offices in the following locations: Reading, Harrisburg, Lancaster, Philadelphia, Valley Forge, the Lehigh Valley, Scranton, Williamsport and Wilkes-Barre, Pennsylvania; Princeton and Cherry Hill, New Jersey; Wilmington, Delaware; and New York City.

03-16-2006

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