Savage & Assocs. PC v. K&L Gates LLP (In re Teligent Inc.)
May
05
2011
Ruling
Law firm that was not a creditor lacked standing to contest settlement agreement between debtor and former CEO.
Procedural posture
The U.S. District Court for the Southern District of New York affirmed bankruptcy court orders denying appellee law firm's motion to lift protective orders prohibiting disclosure of mediation communications between appellant creditors' representative (CR) and the debtor's former officer, and denying the CR's motion to enjoin the firm from defending a malpractice action by the officer by questioning the validity of a settlement agreement.
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Court
:
Judge or Jurisdiction information not available