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Dreier Firm Faces Eviction

Marc Dreier and friends.Save for a skeleton staff authorized to wind up the affairs of the now-bankrupt Dreier LLP, attorneys remaining at the firm’s midtown Manhattan offices must leave the premises by March 4th.

If the offices are not vacated by the agreed-upon date, the landlord, Hines 499 Park LLC, may “with the assistance of the United States Marshal” evict “all persons located within said premises.”

The agreement comes in the wake of an earlier motion by the landlord to compel the bankruptcy trustee to pay $2.1 million of “post-petition rent and other additional obligations under the Lease.”

Meanwhile, the firm’s founder and sole equity partner, Marc S. Dreier, who stands accused of defrauding investors of $400 million, remains under house arrest at his Lexington Avenue apartment, where he is being watched by private, armed security guards.

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Posted by on February 23, 2009. Filed under Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 


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