November 26, 2007
Partner Steven Caley is quoted in a New York Law Journal article titled "Free with Registration: Bankruptcy Trustee Suits Cause Increasing Concern."
The article discusses an increase in bankruptcy trustee suits against professional service groups. Such lawsuits are brought for the benefit of creditors who have grown more aggressive about recouping losses.
Mr. Caley comments on how in the past there was not a strong inclination on the part of trustees to sue lawyers and accountants in bankruptcy lawsuits, but how this trend is changing. Mr. Caley was similarly quoted in the Legal Intelligencer and the Fulton County Daily Report.