Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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The mood was somber the morning of Dec. 9, as Ronald Greenspan worked his way through a two-hour PowerPoint presentation chronicling the history of Brobeck's demise for a tense audience of 100 lawyers. He also laid out the legal theories for the partners' liability and explained his formula for determining how much each owed the estate. But within three months, 208 of the former Brobeck partners had inked individual settlements with Greenspan. Together they agreed to pay about $24 million to the estate.
March 21, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
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