Category: Legal Services

After 36 years at Richards, Layton & Finger, Greg Varallo makes a move

It’s never too late for a second act. Gregory Varallo, an attorney with Richards, Layton & Finger for nearly four decades, has made a late-career leap into a new firm. His three-year term as president of RLF, which is Delaware’s largest law firm, ended June 30. Now he’s taking over the Wilmington office of investor-side…

By Ken Mammarella Citizens for a Pro-Business Delaware today announced its plan to tackle legal reforms outside of the TransPerfect case that sparked its creation in April 2016. Originally formed by TransPerfect employees to oppose the judge-ordered dissolution of the company, the group plans to spend $500,000 to $1 million in the next six months to…

Economic cycles, retail struggles drive bankruptcy case load

By Alex Vuocolo Digital Editor/Senior Reporter Delaware has long been a popular venue for bankruptcy litigation. Lately, though, the U.S. Bankruptcy Court District of Delaware appears to be getting even busier, and the causes are difficult to parse. Between 2017 and 2018, bankruptcy cases filed in the district increased from 2,830 to 3,199. That is…

Richards, Layton & Finger, the state’s largest law firm, has elected Doneene K. Damon as president. Lisa A. Schmidt will serve as executive vice president, and Paul M. Altman will serve as senior vice president. Damon is the first woman and the first African American to serve as president of the firm. Only a handful of…

The Delaware Court of Chancery on June 11 issued a consent judgement forcing four limited liability companies to relinquish their Delaware certificates of formation. Backpage, which pleaded guilty to crimes related to promoting human trafficking, has ceased operations and forfeited its assets to the U.S. government. The judgment means Backpage.com, LLC, Website Technologies, LLC, Posting…

Robinson+Cole (R+C) has announced the addition of Jamie L. Edmonson to the firm’s growing Bankruptcy + Reorganizations practice. She joins as partner in the Wilmington office from Venable LLP, where she was partner-in-charge of the office. “The continued growth of our Bankruptcy + Reorganization Practice Group is one of our firm’s key strategic objectives, as…

The Family Court of Delaware has certified 40 attorneys as Family Law Mediators in an effort to create resolutions that work for both sides and lighten its docket. A certified Delaware family law mediator is a neutral third party who is charged with preserving confidentiality while helping couples resolve issues such as custody, visitation, child…

Wilmington-based Richards, Layton & Finger has ranked in a leading directory U.S. law firms. The Legal 500 United States named Richards, Layton & Finger as a leading law firm in three categories: M&A litigation, M&A middle-market transactions, and M&A/corporate Delaware counsel. Firm directors Gregory Varallo and Gregory Williams earned the Leading Lawyer ranking in M&A litigation.…

Attorney General Kathy Jennings has joined 42 states and Puerto Rico in a lawsuit against Teva Pharmaceuticals and 19 of the nation’s largest generic drug manufacturers alleging a broad conspiracy to artificially inflate and manipulate prices, reduce competition, and unreasonably restrain trade for more than 100 different generic drugs. The lawsuit, filed  by Connecticut Attorney…