By Antony Collins
December 09, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) is currently “evaluating” a dramatic twist in the Brobeck Phleger & Harrison bankruptcy case, after its offer to settle claims over its liability was rejected yesterday.
On Thursday (9 December), bankruptcy Judge Dennis Montali rejected the UK firm’s offer to settle claims, which is believed to have stood at around $4.5m (£2.3m), that its hire of 17 partners led to Brobeck’s collapse.
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