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Reed Smith Gains McCabe and Smith
Reed Smith's San Francisco office has gained two firm leaders. Michael McCabe and Robert M. Smith, formerly of Preston, Gates and Ellis' San Francisco office and Dewey Ballantine's East Palo Alto, CA, office, respectively, are coming on board. In fact, McCabe, who was a managing partner at Preston Gates, will be reunited with Reed Managing Partner David Thompson, with whom he worked at Jackson, Tufts, Cole & Black. Several Reed Smith lawyers worked at Jackson Tufts, as well. McCabe is looking forward to being a part of a firm that has a large presence in California. Smith, who sat across the table during a public offering with Reed Smtih, was given a good impression. He had been with Dewey Ballentine since 1986. According to the head of the firm's East Palo Alto office, Smith departed for Reed Smith because it would minimize his commute. Both Dewey Ballentine and McCabe's former firm, Preston Gates, have plans for expansion.
Morgan Lewis Will Pay Up
In order to prevent litigation with Brobeck, Phleger and Harrison's bankruptcy trustee, Ronald Greenspan, Morgan, Lewis & Bockius will pay Brobeck's estate $10.2 million. Greenspan's lawyer announced the agreement early in September at a hearing before U.S. Bankruptcy Judge Dennis Montali. At press time, Greenspan was to file a motion for the court's approval.
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