Jackson Walker LLP settled with formerly bankrupt oil driller Seadrill related to the law firm’s failure to disclose the romance between a onetime partner and a prominent judge.
The firm agreed to pay $485,000 to resolve potential claims from reorganized Seadrill Ltd. and affiliate Seadrill Partners LLC related to the once-secret romance, according to a motion filed on July 25 in the US District Court for the Southern District of Texas. The settlement requires court approval.
In exchange, Jackson Walker would receive liability releases from the Seadrill entities, according to the motion. Because Seadrill’s unsecured creditors already received what they ...
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