Clawback Suits May Be On The Way Out
The recent court actions have involved law firms hit with so-called unfinished business claims in bankruptcy court. The law firms, Coudert Brothers, Heller Ehrman, and Thelen estates argue that these claims should take legal action in federal district court. The U.S. district court judge Colleen McMahon in Manhattan ruled this on November 2. This was considered a response to Akin Gump Strauss Hauer & Feld, Duane Morris, Jones Day
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Clawback Suits May Be on the Way Out
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