Bankrupt Thelen Collects More Than $400,000 in Clawback Settlement with Four Law Firms

, The Am Law Daily


DLA Piper, Pillsbury Winthrop Shaw Pittman, and Holland & Knight are among the latest to agree to settle unfinished business claims with the defunct law firm's estate.

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What's being said

  • Lulaine

    Whenever a company goes bankrupt because of the amount it owes creditors, they can pursue claw back measures against executives to recover some of the money. This is better for the executives because they can be held responsible for the company's woes which to creditors may mean lawsuits.

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