The Lionel Sawyer & Collins law firm, which went out of business at the beginning of the year, filed for chapter 7 bankruptcy liquidation at the end of January, owing creditors more than $3.37 million, the Las Vegas Review Journal reported today. The law firm, once considered the Nevada’s largest legal house, said in a voluntary filing with the U.S. Bankruptcy Court in Las Vegas that it had assets of $931,626 in personal property. The only secured creditor, according to the filing, was Western Alliance Bank, which is owed $2.86 million. Lionel Sawyer & Collins was founded 48 years ago by attorney Sam Lionel and former Nevada Gov. Grant Sawyer.
