Dechert Seeks To Enforce Agreement With Coudert

Law360, New York (March 03, 2008, 12:00 AM ET) -- Dechert LLP asked a bankruptcy court on Friday for permission to remove money from an escrow account set up with bankrupt law firm Coudert Brothers LLP to cover the cost of restructuring Dechert's Paris office, which it largely acquired from Coudert in 2005.

Coudert had agreed as part of that transaction to fund several escrow accounts, including one in the amount of $500,000 to cover restructuring costs arising from the deal.

In a motion filed in the U.S. District Court for the Southern District of New...
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