Creditors Hoping To Force Jacoby & Meyers Into Bankruptcy

Law360, New York (March 18, 2014, 2:49 PM ET) -- A group of creditors led by LegalZoom.com Inc. have begun efforts to force law firm Jacoby & Meyers Bankruptcy LLP into Chapter 7 proceedings, claiming its recent collapse has left them and the firm's clients in danger of being shortchanged. 

In an involuntary bankruptcy petition filed Friday in Manhattan federal court, LegalZoom.com claims it is owed more than $1 million for leads it delivered to the consumer law giant between July and September of last year. According to its petition, Jacoby & Meyers' recently ceased operations...
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