Partners in Beaumont’s Provost Umphrey Law Firm, embroiled in a legal battle with former partner Paul “Chip” Ferguson Jr. over financial terms of his departure, allege Ferguson betrayed them and the firm by negotiating a “secret side agreement” with Walter Umphrey that modified their partnership agreement.
The firm and its equity partners allege in an answer filed on Oct. 5 to a lawsuit Ferguson filed against them that Umphrey’s “mental capacity” started declining in 2014, and Ferguson “intentionally took advantage of Walter Umphrey’s diminished capacity to betray and defraud Walter Umphrey, his colleagues, and his other former partners.”
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