Spansion, a Sunnyvale flash memory chip maker, filed (.pdf) for bankruptcy over the weekend and naturally some of its outside lawyers were left holding the bag.
The company owes King & Spaulding lawyers in Redwood Shores about $1.6 million, according to the March 1 filing. We’re guessing that’s for work the firm did on a patent infringement lawsuit Spansion filed against Samsung during better times, back about, oh, two months ago. The company also owes Sonnenschein Nath & Rosenthal a little less than $1.6 million — no doubt for the work the firm did defending Spansion (.pdf) in a patent suit brought by San Jose licensing outfit Tessera.
King and Sonnenschein can’t be too happy about the situation, but then again, at least they’re not ChipMOS Technologies, a vendor that’s owed $57 million. Yikes.
— Zusha Elinson