The Importance Of Being Earnest About Bankruptcy

Law360, New York (November 8, 2011, 11:55 AM EST) -- A defense attorney who reached what she believed was an especially favorable settlement with an employment discrimination plaintiff may have paid out a “gift” to an individual who had no standing to litigate the suit from the outset, and no authority to enter into a settlement agreement. She learned this upon receiving a call from the trustee responsible for administering a Chapter 7 bankruptcy petition filed by the plaintiff, an action of which she was completely unaware.

She also learned from the trustee that the employment...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.