Law Firms

Partners of WTC Law Firm Feud Over 9/11 Insurance Proceeds


Updated: A dispute among law firm partners over the division of compensation for the Sept. 11 attacks may proceed to trial as a result of a judge’s ruling.

Insurance defense firm Ohrenstein & Brown received about $10 million in insurance money after its offices in the World Trade Center were destroyed. At issue is whether five lawyers were entitled to keep $4 million of that amount because they were equity partners, the New York Law Journal reports.

The plaintiffs, three ex-partners, contend there was no two-tier partnership at the firm, the New York Law Journal reported when it broke the story last year.

Judge Richard Lowe ruled documents submitted by the defendants did not conclusively decide the issue.

Updated at 9:30 AM.

Previous:
Will Mukasey Fix Morale By Backing ‘Mr. Fix-it’ for No. 2 Job?

Next:
Dewey & LeBoeuf Nixes London Managing Partner


We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.