The LeClairRyan bankruptcy liquidation trustee is seeking to claw back distributions from the defunct law firm, alleging “improper distributions of substantial sums of money.”
LeClairRyan attorneys want to recover funds from firm shareholders, employees and third parties, trustee Lynn Tavenner says in over 40 court filings Thursday. The filings in the U.S. Bankruptcy Court for the Eastern District of Virginia also allege that former officers and directors breached their fiduciary duties.
The filings are the latest in the saga for LeClairRyan, a firm that went bankrupt in 2019 but continues as a target of ever-more mountainous amounts of court filings ...
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