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Large Firms

Jul. 28, 2004

Brobeck Deal 'On the Cheap' Hurts Creditors, Panel Says

SAN FRANCISCO - Brobeck, Phleger & Harrison's trustee vastly underestimated the firm's claims against former chairman Tower Snow Jr. and Clifford Chance for the firm's 2003 downfall and settled the firm's case against them for "a pittance," members of the bankrupt firm's liquidation committee have charged.

By Erik Cummins
Daily Journal Staff Writer
        SAN FRANCISCO - Brobeck, Phleger & Harrison's trustee vastly underestimated the firm's claims against former chairman Tower Snow Jr. and Clifford Chance for the firm's 2003 downfall and settled the firm's case against them for "a pittance," members of the bankrupt firm's liquidation committee have charge...

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