11/7/12

Dewey Owe Money to Lexis?? And How!

Image [cc] smohundro
The bankruptcy of Dewey and Leboeuf just keeps on giving us more and more information on how much they owe legal information providers like LexisNexis and Westlaw. This week, it's Lexis' turn. In three documents* (I get a "The document is not available." when I try to get to the actual filing), Lexis seems to be on the hook for a cool $3,806,301.97, covering LexisNexis, Matthew Bender, and Portfolio Media (owner of Law360.)

Ouch! Once again, this shows that legal information isn't cheap. We'll have to keep an eye out for the Thomson Reuters' portion of the tab.






11/05/2012611Transfer Agreement FRBP Transfer Agreement 3001 (e) 2 Transferors:LexisNexis, a division of Reed Elsevier Inc.(Claim No.904, Amount 3,520,328.30). To Banc of America Credit Products, Inc.. filed by Thomas T. Janover on behalf of Banc of America Credit Products, Inc..(Janover, Thomas) (Entered: 11/05/2012)
11/05/2012612Transfer Agreement FRBP Transfer Agreement 3001 (e) 2 Transferors:Matthew Bender & Company, Inc.(Claim No.905, Amount 146,748.67). To Banc of America Credit Products, Inc.. filed by Thomas T. Janover on behalf of Banc of America Credit Products, Inc..(Janover, Thomas) (Entered: 11/05/2012)
11/05/2012613Transfer Agreement FRBP Transfer Agreement 3001 (e) 2 Transferors:Portfolio Media, Inc.(Claim No.906, Amount 139,225.00). To Banc of America Credit Products. Inc.. filed by Thomas T. Janover on behalf of Banc of America Credit Products, Inc..(Janover, Thomas) (Entered: 11/05/2012)

[emphasis added.]

*Thanks to the 'little birdy' that pointed these out to me!!

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