Seyfarth Shaw Shakes Thelen Trustee's Clawback Suit

Law360, New York (September 4, 2012, 4:30 PM EDT) -- A New York federal judge found Tuesday that a dissolved firm's pending hourly fee matters were not recoverable assets under state law, tossing a bid by Thelen LLP's bankruptcy trustee to recoup hourly fees from ex-partners who joined Seyfarth Shaw LLP.

U.S. District Judge William H. Pauley III granted Seyfarth's motion for judgment in an adversary case brought by Thelen trustee Yann Geron over attorneys' fees collected by 11 former partners who joined Seyfarth after Thelen dissolved in 2008.

Judge Pauley ruled Seyfarth's adversary case was...
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