Greenspan v. Orrick, Herrington & Sutcliffe LLP (In Re Brobeck, Phleger & Harrison LLP)

MEMORANDUM DECISION REGARDING JEWEL V. BOXER CLAIMS AND FRAUDULENT TRANSFERS

DENNIS MONTALI, Bankruptcy Judge.

I. INTRODUCTION

This case presents the court with a matter of apparent first impression: a dramatic intersection of well-established and necessary rules appropriate for the winding up and dissolution of a law firm with the equally well-established principles recognizing rights of third-party creditors that protect them from the adverse financial consequences of an otherwise valid transaction. In a time when the financial collapse of legacy institutions can occur quickly, a last minute…