Trustee sues former officials of payroll firm
The trustee handling the Chapter 7 bankruptcy of Axium International Inc. on Monday sued two former top officials of the defunct Burbank entertainment industry payroll firm, alleging years of mismanagement and misappropriation of corporate assets after the company changed hands in 2002.
A bankruptcy trustee for Saint Vincent's Catholic Medical Centers of New York has sued McDermott, Will & Emery for legal malpractice, charging that partners at the Chicago-based law firm ``put their personal relationships and selfish economic concerns above the interests of the charitable institution they were entrusted to protect.''