Ronald Greenspan, the trustee of Brobeck, Phleger & Harrison's bankruptcy estate, didn't wait for former Brobeck partners to respond to a settlement offer he presented in November. Last week he began filing hefty individual suits against some 200 partners, asking them to cough up distributions, bonuses and a portion of Brobeck's debt to Citibank. Greenspan estimates the partners "are liable to the estate in the aggregate for approximately $275 million."
Brobeck Backlash: Trustee Sues Former Partners
January 21, 2005
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