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More Financial Trouble for Brobeck Partners
Partners of the now-defunct Brobeck, Phleger & Harrison are facing the prospect of not only not getting paid, but also being liable for the firm's demise. First, Brobeck's bank balked at paying for the preparation of partners' earnings statements for tax purposes, a service for which partners had contributed money out of their own pockets. Second, some lawyers and staffers may be owed money by the firm in the form of deferred salary (one claim is for $80,000), and the head of Brobeck's liquidation committee has asked several former Brobeckers to sue the firm's former Chairman. Several Brobeck refugees that landed at Clifford Chance filed a $10 million suit for breach of contract and defamation. Brobeck countersued for $10 million, but both claims have been put on hold.
Gary Joins Hildebrandt
After 11 years as chairman of Thelen Reid & Priest, Richard Gary has commenced work as a consultant at Hildebrandt International, based in Somerset, NJ. Gary, who recently turned 60, has a previous relationship with the firm's founder, Bradford Hildebrandt, and with some of its consultants. In 1998, Hildebrant assisted in financing a merger between Thelen, Marrin, Johnson & Bridges, based in San Francisco, and New York's Reid & Priest.
Jones Day Opens in San Fran
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