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Financial woes are certain to dog Brobeck, Phleger & Harrison partners long after their firm has shuttered its doors. Partners may not only lose their capital contributions -- typically worth hundreds of thousands of dollars -- but could be forced to fork over additional money to pay off the firm's current debt of approximately $55 million. In addition, partners also may face potential liability for claims made against the firm following its dissolution.
February 12, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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