The struggling Ruden McClosky law firm filed for bankruptcy protection Tuesday and announced an asset sale agreement with Greenspoon Marder to create a 140-lawyer firm based in Fort Lauderdale.

The law firm merger plan was announced an hour after Ruden filed for Chapter 11 bankruptcy protection, listing assets and liabilities of $10 million to $50 million. Wells Fargo is listed as its largest creditor at $4.6 million.

This content has been archived.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]