March 13, 2014
The trustee overseeing the liquidation of Thelen LLP's estate on Thursday urged a New York bankruptcy court to rule on matters concerning when four former Thelen partners being sued in clawback litigation received allegedly fraudulent payments and to what extent their partnership agreements allowed for the payments.
January 23, 2014
A New York bankruptcy judge on Thursday signed off on a settlement between the trustee overseeing Thelen LLP's wind-down and three former equity partners, resolving claims surrounding their compensation and capital requirements.
October 03, 2013
The trustee overseeing Thelen LLP's liquidation on Thursday reached settlements with 45 of the firm's former partners accused of improperly accepting certain amounts of compensation before they left the firm, raking in a combined $1.16 million for the estate.
August 30, 2013
Thelen LLP Chapter 7 trustee Yann Geron hit six more former partners with clawback suits Friday in an effort to bring about $351,310 to the estate, saying they should have known the now-defunct firm was insolvent in 2007.
August 26, 2013
Thelen LLP's trustee on Thursday hit six former equity partners with lawsuits alleging that they were overpaid before the firm dissolved, possibly signaling a wind-down of clawback actions filed in New York bankruptcy court that have already led to settlements with more than 130 attorneys.
July 01, 2013
Thelen LLP trustee Yann Geron urged a New York bankruptcy court on Monday to greenlight two settlements with the firm's former equity partners named in his lawsuit seeking to recoup hourly fees collected by ex-partners who later joined other law firms. Correction: An earlier story incorrectly stated that Seyfarth Shaw LLP is involved in the most recent settlements. The error has been corrected.
March 20, 2013
Thelen LLP's Chapter 7 trustee on Tuesday sued former equity partner James R. Bridges, saying he was overpaid in 2008, while the firm was insolvent, and has failed to return the funds to the fallen firm's estate.
March 01, 2013
A New York federal judge on Friday approved settlements between the trustee for bankrupt Thelen LLP and three former partners who agreed to repay compensation from business completed after the law firm dissolved in 2008.
February 08, 2013
The trustee for bankrupt Thelen LLP has reached undisclosed settlements with three more former partners who agreed to repay compensation they earned before the law firm dissolved in 2008, according to a Wednesday court filing.
January 16, 2013
A New York bankruptcy judge on Wednesday approved a $475,000 clawback settlement with eight former partners of bankrupt law firm Thelen LLP, an agreement that paves the way for further settlements with highly compensated partners who left before the firm's dissolution in 2008.