Simms Construction
Jul 08, 2004OUTCOME: Case settled after adverse decision was reversed .
Bankruptcy Appellate Panel held that the law firm had not received a preferential payment where it held a valid attorney charging lien on the proceeds of litigation involving the client who subsequentl ... y filed bankruptcy. The case stands as a helpful guideline for attorneys who wish to establish their lien rights in funds generated by their efforts. The case is reported at 311 BR 479., decided in 2004.
