June 08, 2016
The estate of dissolved law firm Thelen LLP on Wednesday got approval from a New York bankruptcy judge for a cut of a $200 million settlement for work that the failed firm's attorneys performed representing California's insurance regulator in a fraud case against Artemis SA.
January 27, 2016
A New York bankruptcy judge on Wednesday signed off on a $4 million settlement that would resolve a class action lawsuit brought by former Thelen LLP employees who claim that the San Francisco-based firm violated state and federal laws when they were abruptly terminated months before the law firm collapsed in 2008.
August 13, 2015
The Chapter 7 trustee for Thelen LLP asked a Manhattan bankruptcy judge Wednesday to have the Shartsis Friese LLP law firm divulge details about whether the bankrupt law firm's estate is entitled to a cut from an announced $200 million settlement between Artemis SA and California's insurance regulator in a long-running fraud case.
June 10, 2015
A New York bankruptcy judge declined Tuesday to overturn a decision from last year that required a group of former Thelen LLP equity partners to return cash advances they received in the months before the firm's 2008 collapse.
March 09, 2015
A group of former Thelen LLP equity partners that had held out on striking a deal with the bankruptcy trustee agreed on Friday to settle, with each partner paying an undisclosed amount to end their obligations in the firm's collapse, according to a proposed deal filed in New York bankruptcy court.
November 24, 2014
A New York bankruptcy judge ordered a group of former Thelen LLP equity partners on Thursday to return cash advances they received in the months before the firm's 2008 collapse based on revenues that were never realized.
September 15, 2014
A group of former Thelen LLP equity partners urged a New York bankruptcy court Friday to dismiss attempts by the defunct firm's trustee to claw back money paid out before its dissolution, saying they had no contractual obligation to repay the firm.
July 30, 2014
A recent ruling limiting clawback claims against former Thelen LLP equity partners has prompted the defunct firm's bankruptcy trustee to consider extending better terms to a group of holdouts compared to those who have already settled, the trustee's attorney said Wednesday.
May 27, 2014
A bankruptcy judge on Friday rejected a key aspect of the Thelen LLP’s trustee’s case for four former equity partners to return payments they received while the firm was allegedly insolvent, which he says they did not earn.
May 05, 2014
A New York bankruptcy judge on Monday signed off on two settlement agreements brought by the trustee overseeing Thelen LLP's wind-down, one with two former dissolution partners and another with two ex-partners who left in 2008, prior to the firm's shutdown.