Morgan & Finnegan LLP

Intellectual property law firm Morgan & Finnegan LLP which dissolved last month, filed for bankruptcy on Tuesday, listing liabilities that include nearly $3.8 million in capital owed to former partners at the firm.

A judge on Friday issued an injunction barring defunct intellectual property boutique Morgan & Finnegan LLP from selling or transferring its assets, after a lawsuit by JPMorgan Chase & Co. claimed the firm defaulted on a loan and owed more than $4 million.