Bankruptcy
Jan. 31, 2014
Heller bankruptcy ruling puts 'meat on the bones' of emerging theory
The judge's order offers a clearer interpretation of how to calculate the profits that a bankrupt firm's estate can recoup from firms that hired departing partners who were working on active matters at the time.
Daily Journal Staff Writer
A ruling in the ongoing bankruptcy case of defunct law firm Heller Ehrman LLP offers a clearer interpretation of how to calculate the profits that a bankrupt firm's estate can recoup from firms that hired departing partners who were working on active matters at the time.
In his ruling Wednesday, U.S. Bankruptcy Court Judge Dennis Montali indicated that rather than looking at the financial inform...
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