Baker & McKenzie has agreed to pay $6.65 million to compensate the bankruptcy estate of Coudert Brothers for profits Baker earned from unfinished business that partners took with them when they left the defunct Coudert firm.
The settlement resolves a lawsuit brought in April 2009 by the liquidation plan administrator for Coudert’s estate seeking to recover fees that allegedly should have gone to Coudert, which dissolved nearly five years ago.
This content has been archived.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]