LeClairRyan co-founder Gary LeClair. Courtesy photo After Ripping 'Unseemly' Deal Between LeClairRyan Founder and Trustee, Judge OKs Updated Settlement
"While the meteoric rise and fall of LeClairRyan PLLC may have been extraordinary, LeClair's personal avarice does not translate into a circumstance worthy of vacating this court's opinion," the judge wrote.
August 29, 2023 at 02:18 PM
3 minute read
Law Firm Bankruptcy and Dissolution
A Virginia federal judge on Tuesday approved a settlement agreement that gives LeClairRyan co-founder Gary LeClair a $1.6 million unsecured claim in the defunct firm's ongoing bankruptcy proceedings. The settlement comes after the federal judge and a bankruptcy judge slammed LeClair and a trustee for asking permission to undo prior rulings that had implications for LeClair's tax debts.
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