Hogan Lovells, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also a secured creditor, gaining rights to the firm’s largest liability: a loan made by Chase Bank.
December 11, 2023 at 12:53 PM
4 minute read
Reporter
Former partners of Stroock & Stroock & Lavan will be paid back capital contributions with whatever funds are left after the dissolving firm pays off creditors, including Hogan Lovells.
The global firm, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also in the holder of the firm’s largest liability, a loan made by Chase Bank, publicly filed UCC records and people familiar with the matter confirmed.
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Stroock offices. Photo: Diego M. Radzinschi/ALM
