A federal appeals court has agreed to weigh in on whether the Coudert Brothers estate is entitled to profits earned from so-called unfinished business taken by former Coudert partners to new employers in the wake of the New York firm’s 2006 collapse.
The U.S. Court of Appeals for the Second Circuit granted petitions for interlocutory appellate review Tuesday filed by 10 law firms and three individuals being sued by Coudert, as well as cross-petitions filed by Coudert plan administrator Development Specialists Inc. All of the petitions took issue with aspects of a May decision issued by U.S. district court judge Colleen McMahon that was widely heralded as a win for the Coudert estate.
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