Thelen Trustee Strikes Latest Clawback Deal With Ex-Partner

Law360, New York (August 7, 2012, 8:10 PM EDT) -- A New York bankruptcy judge on Tuesday signed off on the latest settlement between Thelen LLP's Chapter 7 trustee and a former partner, resolving claims surrounding the attorney's compensation in the years the firm was nearing its end.

U.S. Bankruptcy Judge Allan L. Gropper approved the proposed deal between trustee Yann Geron and former partner Frank A. Pugliese, saying the compromises and releases laid out in the settlement “accomplish a sound business purpose, are fair and equitable, [and] are in the best interests of creditors and...
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