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.

This content has been archived.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]