We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Oneida Prevails In $6.3M Spat With Investment Firm

Law360 (February 9, 2009, 12:00 AM EST) -- A bankruptcy court has rebuffed Peter J. Solomon Co. LP's efforts to collect more than $6 million in fees the firm claimed it was owed because Oneida Ltd. didn't send a written notice of termination before using another financial adviser just prior to the flatware maker's 2006 Chapter 11 filing.

The decision, which follows a two-day trial on PJSC's claim in November, came down on Friday in the U.S. Bankruptcy Court for the Southern District of New York. The parties tried to negotiate a resolution, but...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.