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Facing Dozens Of Suits, Coudert Files For Bankruptcy

Law360 (September 22, 2006, 12:00 AM EDT) -- One year after Coudert Brothers LLP announced its plans to dissolve, the fallen international law firm has run for cover under a Chapter 11 bankruptcy filing after losing two lawsuits, including a $2.5 million malpractice suit filed by a former client.

Coudert voluntarily filed for Chapter 11 bankruptcy in the U.S. District Court for the Southern District of New York on Friday, effectively barring creditors from seizing the firm's assets in payment of the judgments related to the two lawsuits.

In its bankruptcy petition, Coudert listed...
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