New law provider UnitedLex on Monday asked a Virginia federal bankruptcy judge to throw out the core of a $128 million lawsuit filed by the trustee for LeClairRyan, asserting that the efforts it took to keep the firm out of insolvency do not qualify as breaches of duty.

The company, represented by Greenberg Traurig, defended its efforts before and after its 2018 deal with the firm that led to the creation of ULX Partners LLC, also a defendant in the trustee’s case. The entity was intended to allow LeClairRyan and other law firms to outsource back-office operations, but amid LeClairRyan’s bankruptcy, fresh questions arose about whether the partnership had any role in the firm’s demise.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]