Thelen Clawback Properly Nixed, Seyfarth Tells 2nd Circ.

Law360, New York (May 30, 2013, 4:35 PM ET) -- Seyfarth Shaw LLP asked the Second Circuit on Wednesday to affirm the dismissal of a clawback suit by the trustee of Thelen LLP over partners poached from the collapsed firm, saying a lower court properly ruled that Thelen’s pending hourly fee matters were not recoverable assets under state law.

Seyfarth asked the court to affirm a September decision by U.S. District Judge William H. Pauley III, who granted Seyfarth's motion for judgment in the adversary case brought by Thelen trustee Yann Geron over attorneys' fees collected...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required