Law Firms Can't Dodge Coudert Unfinished Business Claims

Law360, New York (May 25, 2012, 3:36 PM EDT) -- A federal judge said Thursday that unfinished client matters were the property of defunct law firm Coudert Brothers LLP on the day it was dissolved, moving the estate administrator closer to recouping money from firms to which former Coudert attorneys moved.

U.S. District Judge Colleen McMahon granted Coudert bankruptcy estate administrator Development Specialists Inc.’s motion to declare the business the dissolved firm’s property, but also partially granted a motion for summary judgment filed by 10 law firms being sued by DSI over the funds.

The defendant...
To view the full article, register now.