Thelen Judge Approves Trustee's Deals With 3 Ex-Partners

Law360, New York (January 23, 2014, 2:43 PM EST) -- A New York bankruptcy judge on Thursday signed off on a settlement between the trustee overseeing Thelen LLP’s wind-down and three former equity partners, resolving claims surrounding their compensation and capital requirements.

U.S. Bankruptcy Judge Allan L. Gropper signed off on Chapter 7 Trustee Yann Geron’s deals with former Thelen partners Robert T. Hall III, Paul C. Lacourciere and Jonathan E. Polonsky during a court hearing Thursday, where no objections were raised.

The amounts of the settlements are being withheld from the public “in order to preserve...
To view the full article, register now.