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The law firm will have a claim on the assets during backruptcy. They usually get paid before other creditors, but not sure where they rank vs the govt
by philipodonnell 9y ago
The law firm will have a claim on the assets during backruptcy. They usually get paid before other creditors, but not sure where they rank vs the govt
- Scaevolus 9y agoMaybe they'll auction off the assets (grsecurity) to some company that will make it open source? :-)
- shaki-dora 9y agoThat’s only true for the law firms working on the bankruptcy itself. The justification is obvious: otherwise, it would be impossible to have bankruptcy lawyers. Standard claims from a lawyer you once hired go into the same pot as your gardener’s.