Bankruptcy Judge Blesses Thelen Partner Settlements

Law360, New York (March 1, 2013, 4:45 PM EST) -- A New York federal judge on Friday approved settlements between the trustee for bankrupt Thelen LLP and three former partners who agreed to repay compensation from business completed after the law firm dissolved in 2008.

U.S. Bankruptcy Judge Allan L. Gropper signed off on the clawback deal between Yann Geron, the Chapter 7 trustee for Thelen, and former partners Christopher D. Baker, Brian R. Gallagher and Darlene H. Smith. The partners each agreed to pay 68 percent of the claims asserted against them. In exchange, they will...
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Case Information

Case Title

Thelen LLP, a California limited liability partnership


Case Number

1:09-bk-15631

Court

New York Southern

Nature of Suit

Date Filed

September 18, 2009

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