Sullivan & Cromwell Settles Fee Fight With Ex-Partner

Law360, New York (May 20, 2011, 6:42 PM EDT) -- Sullivan & Cromwell LLP has settled with an ex-partner in its suit in New York alleging he attempted to walk away with contingency fees from the bankruptcy component of a recent settlement between BDO USA LLP and Portugal-based Banco Espirito Santo International Ltd.

According to Steven W. Thomas, a partner with Thomas Alexander & Forrester LLP and a former partner at Sullivan & Cromwell, his ex-firm filed a complaint in New York state court after the settlement had been reached. He added that Sullivan & Cromwell...
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