Thelen Trustee Settles with Ex-Partner over Unfinished Biz

July 1, 2013 – In The News

Yann Geron was featured in the Law360 article "Thelen Trustee Settles with Ex-Partner over Unfinished Biz." While the full text can be found in the July 1, 2013, issue of Law360, a synopsis is noted below.

Yann Geron has urged a New York bankruptcy court to approve two proposed settlements with Thelen LLP’s former equity partners named in his lawsuit, which seeks to recover hourly fees collected by ex-partners who later joined a different firm.

Thelen, who once employed over 600 attorneys, filed for Chapter 7 protection in September 2009. Geron asserts that a waiver adding language to the firm’s partner plan allowed a fraudulent transfer, depriving the partnership of its right to recover earnings.

Geron is representing himself. Also representing Geron are Daniel A. Schnapp and Nicole Santucci.