The bankruptcy trustee for defunct law firm Coudert Brothers may still have claims against law firms that took in lawyers and clients from Coudert, the Second Circuit said Sept. 2 (Dev. Specialists, Inc. v. Akin Gump Strauss Hauer & Feld LLP (In re Coudert Bros. LLP), 2014 BL 242576, 2d Cir., 12-4916-bk (L), 9/2/14).
The court made clear that the trustee’s claim for profits the other firms made on cases former Coudert partners took with them is no longer tenable after New York’s highest court disavowed the “unfinished business” rule in Geron v. Seyfarth Shaw LLP (In ...
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