Ralph Wellington Quoted in New York Times Article
On July 11, 2012 by Schnader in AppellateRalph G. Wellington, former Chairman and partner in the Firm’s Philadelphia office, was noted in the article “Former Head of Barnes Foundation Says Its Move Was Not Forced by Bankruptcy” on July 3, 2012 in The New York Times. The article discussed the recent comments made by the former director of the Barnes Foundation which in turn prompted opponents of the Barnes Foundation relocation to ask a Pennsylvania court to reopen the case. Mr. Wellington, counsel to the Barnes Foundation, told The Philadelphia Inquirer that everything the former director and Barnes officials said in court at the time of the original decision was “completely true and accurate.” The Barnes had no debt only because of bridge financing provided by several charitable foundations to keep it solvent, Mr. Wellington said, and the cash surplus it had could not be used for operations. “All of the financials were completely public and in the record,” he added.