The question of who owns the business and continued revenues from matters a dissolved law firm handled hinges upon a balancing of partnership law against clients’ rights, lawyers told the California Supreme Court Dec. 7.
The arguments come down to a battle of the Heller Ehrman LLP estate, which relies on obligations under state partnership and contract law, against the law firms that took on ex-Heller attorneys, who argue a defunct firm shouldn’t get a payday for work it can’t do.
A skeptical California Supreme Court focused questions on just how far a bankrupt firm can reach into the ...
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