Ruden McClosky Reiterates Buyer's Ch. 7 Objections

Law360, Los Angeles (June 27, 2012, 9:15 PM EDT) -- Bankrupt law firm Ruden McClosky PA on Wednesday echoed concerns raised by its planned purchaser, Greenspoon Marder PA, over a possible conversion to Chapter 7 bankruptcy, saying the move would add unnecessary administrative costs and delay payments to creditors.

Ruden McClosky's protest of converting its bankruptcy from Chapter 11 rehashed many of the same concerns raised a day earlier by Greenspoon in a separate objection filed in Florida bankruptcy court, with both firms claim the appointment of a Chapter 7 trustee would not only add costs...
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

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.