Former Partners Oppose Coudert’s Ch. 11 Plan

Law360, New York (May 30, 2008, 12:00 AM EDT) -- Coudert Brothers LLP’s controversial liquidation plan that proposes releasing partners from future litigation if they help finance the law firm’s exit from Chapter 11 has come under attack by another group of former Coudert partners.

The Joint Defense Group — a group of former Coudert partners — asked the U.S. Bankruptcy Court for the Southern District of New York on Thursday to reject the debtor’s disclosure statement and parts of its plan, just a week after a group of retired partners submitted their own objection....
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