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Diamond McCarthy Sues Ex-Partner over Dreier Fees

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Diamond McCarthy is suing ex-partner Sheila Gowan, seeking some of the $1.4 million that is likely to be paid to her for work in the Dreier law firm bankruptcy, The Global Legal Post reported today. She is expected to receive $1.4 million for her work as a chapter 11 trustee in the Dreier bankruptcy. However, Diamond McCarthy claims that she should be bound by a partnership agreement regarding the fees. It alleges breach of the partnership agreement and of fiduciary duty, as well as making some equitable claims, seeking punitive damages and lawyer’s fees. Gowan, a non-equity partner who worked in the firm’s New York office until a year ago, claims that she did not sign the partnership agreement.