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Large Firms

Jun. 23, 2011

Former Heller Shareholders Sell Claims in Bankruptcy

Like many bankruptcies, Heller Ehrman LLP's liquidation hasn't been snappy. But a small percent of its creditors - including a couple former shareholders - have found a way to get some money faster.


By Jill Redhage


Daily Journal Staff Writer


SAN FRANCISCO -Like many bankruptcies, Heller Ehrman LLP's liquidation has plodded along slowly. The estate logged its Chapter 11 filing in December 2008, but general unsecured creditors won't get their first partial claims payments until September 2011.


A small percent of those creditors, however, have found a way to get some money faster - by transferring their claims to finan...

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