Sedgwick LLP

  1. March 27, 2024

    Sedgwick Trustee's Valuation Of Firm Flawed, Judge Told

    An accounting expert hired by two ex-partners fighting the Sedgwick LLP trustee's bid to claw back $1.1 million testified at the close of a three-day California bench trial Wednesday that the trustee expert's valuation analysis is "materially flawed" and took a "sledgehammer" to the law firm's book value.

  2. March 26, 2024

    Sedgwick Judge Rips Attys 'Playing Games' In Clawback Trial

    A California federal judge presiding over the Sedgwick LLP trustee's bid to claw back $1.1 million from two ex-partners overruled defense objections to Sedgwick's financial statements, asking, "How am I supposed to do this without numbers?" and telling counsel, "You're playing games with me on this, because I need to see numbers."

  3. March 25, 2024

    Backstabbing 'Just How Law Firms Work': Sedgwick Judge

    A California federal judge told counsel during bench trial openings Monday that the Sedgwick LLP trustee's bid to claw back $1.1 million from two ex-partners isn't a "blame game," and "partners stab each other in the back every day and move on to the next one" — "it's just how law firms work."

  4. June 30, 2020

    Sedgwick Trustee Files Suit Over Unpaid Legal Fees

    Defunct law firm Sedgwick LLP has accused the Los Angeles Unified School District, two California companies, and a private individual of failing to pay up a combined $675,000 for legal services the firm provided, plus interest.

  5. January 31, 2020

    Sedgwick's Ch. 11 Plan Approved Over Ex-Partner's Objection

    A California bankruptcy judge on Thursday approved defunct law firm Sedgwick LLP's Chapter 11 plan — which includes a settlement clawing back $1.9 million from 47 former partners — over one attorney's arguments that the deal unfairly bars nonsettling partners like himself from suing their ex-colleagues who settled.

  6. December 13, 2019

    Sedgwick's Ch. 11 Plan Disclosure Statement Gets Approval

    A California bankruptcy judge on Friday approved the disclosure statement for defunct law firm Sedgwick LLP's liquidation plan, setting the firm up to settle with a group of ex-partners and start winding down its business by the end of January.

  7. November 08, 2019

    Sedgwick Floats New Bankruptcy Settlement With Ex-Partners

    Defunct firm Sedgwick LLP is inching closer to wrapping up its Chapter 11 bankruptcy proceeding, with the firm and creditors filing a joint liquidation plan Thursday that would also conclude its efforts to claw back funds from 47 former equity partners.

  8. June 07, 2019

    Sedgwick Strikes Clawback Deal With Former Equity Partners

    The defunct law firm Sedgwick LLP has asked a California bankruptcy court to approve a deal with 45 of its former equity partners that would allow it to claw back almost $1.6 million in payments it made in the year leading up to its dissolution.

  9. October 04, 2018

    Sedgwick's Ch. 11 Filing 'A Success Story,' Judge Told

    A California bankruptcy judge on Thursday noted the "astonishing amount" of work Sedgwick LLP did prior to its Chapter 11 filing, after an attorney for the now-defunct firm touted it as a bankruptcy "success story" — all its employees have been paid and found new jobs since the firm shuttered in January. 

  10. October 02, 2018

    Sedgwick Files For Ch. 11 Bankruptcy

    Sedgwick LLP, the shuttered San Francisco-based firm that closed its doors at the beginning of the year, filed for Chapter 11 bankruptcy in Northern California federal court on Tuesday.