Brad Barrios and David Hayes obtained a dismissal with prejudice in a $429,527 collections case filed by Collectarius Financial, LLC against Statebridge Company, LLC involving the assignment of accounts from law firms. Their argument was based on the ethical rules preserving client confidences after an assignment of an account and the circumvention of those rules by the assignment.
A copy of the Court’s order granting the Motion to Dismiss can be found here. Collectarius Financial, LLC asked the Court for a rehearing on the dismissal, and the Court denied the motion. Bloomberg Law’s analysis of the decision can be read here.