Sullivan & Cromwell's $12.5K Deal With Bankrupt Atty Upheld

By Vince Sullivan (March 24, 2023, 4:25 PM EDT) -- A New York federal judge refused to undo a $12,500 settlement between law firm Sullivan & Cromwell LLP and the Chapter 7 trustee in the bankruptcy case of an attorney, saying the deal was reasonable since the debtor himself had valued legal claims against the firm as worthless....

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