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Fish & Neave Wins Dispute Over Partners' Contract

Law360 (May 16, 2007, 12:00 AM EDT) -- An appeals court has dismissed a breach of contract suit brought by two lawyers of former IP firm Fish & Neave, finding the firm’s partnership agreement “unambiguously” allowed for amendments without a unanimous vote.

The New York Court of Appeals ruled that the former equity partners of the firm, which merged with Ropes & Gray LLP in January 2005, were bound by the contract’s amendments covering compensation to withdrawing partners.

The court ruled that a majority vote, as stipulated in the 1970 agreement, was sufficient to...
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