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eLAW.COM FILES FOR BANKRUPTCY AND CEASES OPERATIONS.


Online legal information provider eLaw.com (Austin, TX) has filed for bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most  and ceased operations. Company assets have already been auctioned.

eLaw.com's main product was its OneSource information service, an offering that was designed to supply access to work from a variety of law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 across practice areas. The company planned to offer material in more than 20 practice areas, including antitrust Antitrust

The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade.
, corporate and securities, e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. , employee benefits, environmental, healthcare, intellectual property, international trade and taxes. Each segment included briefs, memos, correspondence, agreements and related resources on both federal and state issues. The first segment of OutSource, covering labor and employment law, was launched in January.
COPYRIGHT 2001 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:eLAW.COM FILES FOR BANKRUPTCY AND CEASES OPERATIONS.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 17, 2001
Words:107
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