A Philadelphia judge overruled most of Wolf Block’s preliminary objections to a suit by a former partner who sued the firm and its former chairman for failure to pay annual severance payments after the firm entered dissolution.
In Budin v. Wolf Block, the defunct firm argued former partner Michael Budin was bound by a 2003 partnership agreement that first, required any disputes be heard in arbitration and, second, equated Budin to a retired partner who had to wait in line behind third-party creditors once the firm entered dissolution.
