The defunct Wolf Block law firm and its former chairman, Mark Alderman, said in court filings this week that a former partner suing over not receiving his severance payments is considered a retired partner and has to wait in line behind third party creditors for any payouts.
The firm also said the partnership agreement requires the dispute be heard in confidential arbitration and that former partner Michael A. Budin’s claims for breach of contract and violations of the state Wage Payment and Collection Law, or WPCL, aren’t legally sufficient to withstand preliminary objections. In Budin v. Wolf Block, filed in Philadelphia Common Pleas Court in March, Budin sued Wolf Block and Alderman individually.
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