Thelen Trustee Nets $1.2M In Ex-Partner Settlements
By Maria Chutchian
Law360, New York (October 3, 2013, 7:08 PM ET) -- The trustee overseeing Thelen LLP’s liquidation on Thursday reached settlements with 45 of the firm’s former partners accused of improperly accepting certain amounts of compensation before they left the firm, raking in a combined $1.16 million for the estate.
Yann Geron of Fox Rothschild LLP says the deals are substantially similar to earlier settlements he has reached with other partners who ditched the firm before its collapse. Thursday’s settlements are split into three groups: one for eight partners who left the firm in 2007, 34 who...