Bankruptcy
Nov. 17, 2023
Last Girardi Keese law firm creditor settles for $1.2M
“That will free up money for professional fees and for the estate to continue to function. It won’t have to reserve such a large amount,” said attorney Ronald N. Richards of Beverly Hills, who represents trustee Elissa D. Miller.
The bankruptcy trustee for the Girardi Keese law firm reached a million-dollar settlement agreement with the remaining litigation creditor in the long-running proceedings.
The settlement will free up some $9.8 million in estate funds that previously were earmarked to pay creditor Stillwell Madison LLC, which agreed in Tuesday's deal to take a reduced figure of $1.2 million, according to the trustee.
"That will fr...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In