Thelen Can't Claw Back Hourly Fees, NYC Bar Tells 2nd Circ.

Law360, Los Angeles (June 13, 2013, 4:50 PM ET) -- A New York bar association told the Second Circuit on Wednesday that dissolved law firm Thelen LLP's pending hourly fee matters aren't recoverable assets under state law and that reviving a clawback suit over partners poached by Seyfarth Shaw LLP could decimate client-attorney relationships.

The 23,000-member Association of the Bar of the City of New York urged the appellate court to affirm the dismissal of the suit in which Thelen LLP's bankruptcy trustee wants to recoup hourly fees collected by 11 ex-partners who later joined Seyfarth...
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