Proposed Dissolution of Cellino & Barnes Filed

"This is a significant milestone"

Tom Puckett
January 23, 2020 - 4:00 am
Ross Cellino

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Buffalo, NY (WBEN) The public split between Cellino and Barnes is a prime example that breaking up is hard to do. 

Calling it a monumental moment for his client, attorney Terry Connors says he's filed a proposed dissolution of Cellino and Barnes. State Supreme Court Justice Deborah Chimes must still approve the matter and may offer some finality in the case before the end of the month.

Connors tellsWBEN if the parties agree to certain terms, that will form a confidential settlement to begin the process of winding down the firm, if not, "then she will decide them herself or refer them to a referee for a decision." The agreement must be reached by Friday or Chimes will bring both sides to court next week.

"This is a significant milestone for Ross Cellino," says Connors. "He's escited and anxious to begin the next phase of his professional career. The wait has now turned into a very positive development."

Connors adds current clients will not be affected by the winding down process.

Steve Barnes' attorney Chris Berloth says he would not go into specifics, but "we are still negotiating the terms of what the winding up process will be, as well as particulars of the dissolution." Berloth says dissolution is a term of art, and that happens after the winding down is done. He says that may not happen for a couple of years.

Berloth says Barnes too is looking forward to the next chapter. "He has an opportunity to merge his California law firm and New York practice," says Berloth. "He's going to have an opportunity to create a national law firm with a presence is some of the largest markets in the country."

 

 

 

 

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