Beginning in 2004, partners at Jenkens & Gilchrist who left the firm also left behind their capital contributions due to the firm's "contingent liabilities." Those attorneys may never see a penny of it, or they may recoup some of it, depending on what's left over after the firm covers its financial obligations since its closing last month. Roger Hayse, a former executive at Jenkens who returned to take the job of president as it liquidates, says "job one" is making sure all of the firm's creditors are paid.
Partners Who Left Jenkens Forfeited Capital Contributions
April 9, 2007
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