Ronald Greenspan has a warning for some of the former employees of the now-defunct Brobeck, Phleger & Harrison: A lawyer offering an alternative to a settlement offer based on a contingency fee agreement may end up ripping them off. In a letter sent Friday, bankruptcy trustee Ronald Greenspan described the motivation of an ad hoc committee formed by some former Brobeck employees to seek options to a settlement offer as "suspect" and motivated by self-interest.
January 23, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Ronald Greenspan has a warning for some of the former employees of the now-defunct Brobeck, Phleger & Harrison: A lawyer offering an alternative to a settlement offer based on a contingency fee agreement may end up ripping them off.
In a three-page letter sent Friday, bankruptcy trustee Ronald Greenspan described the motivation of an ad hoc committee formed by some former Brobeck employees to seek options to a settlement offer as “suspect” and motivated by self interest.
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