Ruden McClosky Says It Already Paid $4.6M Wells Fargo Debt

Law360, New York (May 15, 2012, 2:56 PM EDT) -- Bankrupt law firm Ruden McClosky PA on Monday asked a Florida federal judge to disallow a $4.6 million claim made by Wells Fargo Bank NA, asserting its debt to the bank was satisfied in full when the firm and most of its assets were sold in November.

Ruden McClosky sought Chapter 11 protection in November 2011, and its sale to fellow Florida firm Greenspoon Marder PA was approved by the court that month.

Ruden and the committee of unsecured creditors asked U.S. Bankruptcy Judge Raymond B....
To view the full article, register now.




Case Information

Case Title

Ruden McClosky P.A.

Case Number



Florida Southern

Nature of Suit

Date Filed

November 1, 2011

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.