As a partner in the defunct firm, Mr. Kuhn is liable for $3.1 million of loans from banks, as well as other debts.
From its very title, "Algazy & Grummer" references a defunct firm of suitcase manufacturers.
The National Association of Securities Dealers announced yesterday that it had taken disciplinary action against Rooney, Pace Inc. and several individuals at the defunct firm.
Kennedy left the defunct firm of Meyer & Holler and secured a teaching position at the University of Southern California.
Midamerica will retain First Commodity's $500,000 guarantee deposit and the defunct firm waived all claim to those funds, according to the exchange.
Mr. Schulman was the only former executive of the defunct firm to plead not guilty.
That proposal imposed health care responsibility for retired miners and their families on companies that had bought out or taken over the properties of the defunct firms that had once employed the workers.
But far from considering his defunct firm a multimillion-dollar debacle, Mr. Myerson said he accomplished the impossible: He created a "superstar" firm of 170 lawyers almost overnight.
The now defunct British firm, Carbocraft Ltd, was building shells that sandwiched honeycomb between composite fibers.
Later he joined the now defunct firm of Borgfeldt & Company, importers, where he became a buyer and, later, merchandise manager.