A former partner at Omaha, Neb.-based Kutak Rock has sued the firm, alleging that its decision to keep a portion of his capital account by imposing a clawback provision contained in the firm’s partnership agreement amounts to an anti-competitive effort to punish him for joining another firm.
Paul Donsbach, who was based in Kutak Rock’s Los Angeles office, filed his lawsuit last week in Los Angeles Superior Court. In the complaint, Donsbach asks the court to void the partnership agreement provision (pdf) that would force him to arbitrate his dispute with the firm in Nebraska and to order Kutak Rock to return a $30,000 penalty the firm seeks to impose on him.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]