Bankruptcy
Aug. 10, 2011
Judge approves settlements in Heller bankruptcy
A federal bankruptcy judge on Monday approved nearly $9 million in settlements that will provide a cash infusion to the bankrupt estate of Heller Ehrman LLP.
By Jill Redhage
Daily Journal Staff Writer
A federal bankruptcy judge on Monday approved nearly $9 million in settlements that will provide a cash infusion to the bankrupt estate of Heller Ehrman LLP just before it makes its first round of payments to unsecured creditors.
Last month the estate agreed to settle two kinds of claims against Covington & Burling LLP and the 17 shareholders who joined that firm from Heller amid its dissolution: that they wrongly transferr...
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