BY DEBRA CASSENS WEISS–ABA JOURNAL
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Lawyers at the law firm say they haven’t heard from Kossoff since April 1, and they are not receiving paychecks, Law360 reports. An involuntary bankruptcy petition filed against the Kossoff firm alleges more than $8 million in misappropriated escrow funds, while the Manhattan district attorney has opened an investigation, according to Law360 and the Real Deal.
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Walter Mack, a lawyer for Kossoff, told Law360 that his client has not fled and is not seeking to evade prosecutors. He said he is representing Kossoff “solely should there be any criminal law consequences of his conduct.”
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