Trustee Seeks Involuntary Bankruptcy For Dreier

Law360, New York (January 27, 2009, 12:00 AM EST) -- The bankruptcy trustee overseeing the liquidation of Dreier LLP is seeking an involuntary personal bankruptcy for Marc S. Dreier, the firm's sole equity partner, who stands accused of bilking investors out of millions.

On Monday, trustee Sheila Gowan filed the Chapter 7 involuntary bankruptcy petition for Dreier, who had been rumored to be considering bankruptcy but who has taken no steps yet towards that end.

The trustee was joined in her plea by Wachovia Bank National Association and the bankruptcy estate of 360networks Inc., with the...
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