Tag: priority payments

Business Law & Regulations, Finance

LeClairRyan gave joint venture ‘unprecedented control’ and priority payments, bankruptcy trustee says

October 28, 2020

Via: ABA Journal

The joint venture between LeClairRyan and alternative services provider UnitedLex was intended to help keep the law firm afloat, but the combination “only served to plunge LeClairRyan further into insolvency,” according to the Chapter 7 trustee for the bankrupt law […]