Law Practice
Jun. 8, 2011
Howrey Converts Bankruptcy to Chapter 11
Howrey LLP successfully converted its bankruptcy from an involuntary Chapter 7 into a voluntary Chapter 11 proceeding.
Daily Journal Staff Writer
Now-defunct Howrey LLP succeeded Monday in taking control of its bankruptcy and converting it to a Chapter 11 proceeding. The firm faced an involuntary Chapter 7 petition - which would have put the estate in the hands of a trustee - filed by three creditors April 11 in U.S. Bankruptcy Court for the Northern District seeking roughly $36,600 in unpaid goods and services.
The venue of the bankruptcy is ...
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