CORRECTED: Thelen Trustee Settles With Ex-Partners Over Unfinished Biz

Law360, San Francisco (July 1, 2013, 8:34 PM EDT) -- Thelen LLP trustee Yann Geron urged a New York bankruptcy court on Monday to greenlight two settlements with the firm's former equity partners named in his lawsuit seeking to recoup hourly fees collected by ex-partners who later joined other law firms.

The former partners involved in the proposed deals aren't named in Geron's tight-lipped filings. In one settlement, five ex-Thelen partners have agreed to pay $56,950, roughly 39 percent of Geron's $159,665 claims against them. In the other, a single former partner has agreed to pay...
To view the full article, register now.