Bankruptcy
Aug. 18, 2011
Heller Estate asks to make payments to unsecured creditors
The Heller Ehrman LLP estate asked a federal bankruptcy judge in a filing late Monday to allow it to pay general unsecured creditors up to 33 percent of the money the estate owes them by year's end.
Daily Journal Staff Writer
The Heller Ehrman LLP estate asked a federal bankruptcy judge in a filing late Monday to allow it to pay general unsecured creditors up to 33 percent of the money the estate owes them by year's end.
Lawyers said the payments rival those gathered by creditors to other major bankrupt law firms, but in better time. Less than three years after Heller dissolved, the estate plans to pay 24 cents on each...
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