K&L Gates' $24M Malpractice Deal OK'd In Le-Nature's Case

Law360, Philadelphia (February 27, 2014, 5:31 PM EST) -- A Pennsylvania bankruptcy judge on Thursday approved a $23.75 million settlement between K&L Gates LLP and the liquidation trustee of defunct drink maker Le-Nature’s Inc. in a legal malpractice case, a day after the accounting firm serving as co-defendant dropped its opposition.

In an afternoon hearing, U.S. Bankruptcy Judge Thomas Agresti signed off on the deal that the firm reached in January with trustee Marc S. Kirschner, settling claims that the firm’s negligence led to the company’s bankruptcy, according to a source close to the matter....
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