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Dreier Firm Faces Eviction View Count: 111

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.”

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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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