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Court Dismisses Church Group's Suit Against Weil Gotshal
A Texas bankruptcy judge has thrown out a suit against Weil, Gotshal & Manges by a former client who sought $40 million in damages and accused the firm of steering it into a "disastrous" Chapter 11 filing. The National Benevolent Association, the social services arm of the Christian Church (Disciples of Christ), filed for bankruptcy in 2004 -- one of the largest non-profit organizations to have ever done so. The group claimed in its suit that Weil Gotshal should have explored less disruptive alternatives.