Recently, two New York federal district courts reached conflicting decisions in the Coudert Brothers LLP (Coudert) and Thelen LLP (Thelen) bankruptcy cases with respect to a law firm's purported ownership
The 'Unfinished Business' of Failed Law Firms
Recently, two New York federal district courts reached conflicting decisions in the Coudert and Thelen bankruptcy cases with respect to a law firm's purported ownership interest in future profits from its former clients' matters pending on the date of the law firm's dissolution, or "unfinished business."
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