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February 17, 2021By Michael Cader

McGuigan and Gendell Report “Significant Progress” On Managing Client Funds

February 17, 2021By Michael Cader

On Tuesday, an attorney for literary agent Yfat Reiss Gendell wrote to the judge overseeing former partner Peter McGuigan’s motion asking for a court appointed receiver for the bank accounts of their former agency, Foundry Literary, requesting an adjournment until mid-March. “The parties have made significant progress,” the attorney reports. “They have identified an independent accountant to potentially assist the parties in managing Foundry Media, and have tentatively selected a new bank for the company’s accounts.” Filed with the consent of the plaintiffs, “The parties seek additional time to formalize these arrangements.” Judge Joel Cohen quickly consented, and rescheduled the […]

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Filed Under: Agency News, Legal

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