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Expert Analysis

Can Bankrupt Law Firms Claw Back 'Unfinished Biz' Profits?

Law360, New York ( May 30, 2014, 12:29 PM EDT) -- On June 4, 2014, the New York Court of Appeals will hear arguments arising from the bankruptcies of two law firms — Thelen LLP and Coudert Brothers LLP — as to whether the former partners of the bankrupt law firms must turn over profits earned after the bankrupt firms' dissolution on billable-hour client matters they brought to their new firms....

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