Stroock Partnership, Seeking to Remove a 'Major Obstacle' to Merger, Authorizes Pension Buyout

Stroock & Stroock & Lavan, after the collapse of its merger talks with several law firms, said Thursday it is taking steps to remove a “major obstacle” to a deal combination, with the firm’s partnership authorizing a complete buyout of its pension. has reported that the firm’s pension raises challenges related to a combined law firm’s obligations post-merger.

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