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Litigation

Feb. 28, 2014

Howrey estate files another clawback claim

Reed Smith LLP this week became the latest firm to be dragged into the ongoing Howrey LLP bankruptcy case after the defunct firm's estate filed an unfinished business claim involving two California attorneys.


By Joshua Sebold


Daily Journal Staff Writer


Reed Smith LLP this week became the latest firm to be dragged into the ongoing Howrey LLP bankruptcy case after the defunct firm's estate filed an unfinished business claim against Reed Smith alleging that four partners brought active matters with them when they left Howrey.


Bankruptcy law allows the estate of a failed firm to reclaim profits from work that began there before moving to and being ...

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