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Bankruptcy

Oct. 20, 2011

Judge approves settlements in Heller bankruptcy

A federal bankruptcy judge on Wednesday approved settlement agreements between the Heller Ehrman LLP estate and 10 law firms that hired away its shareholders.

By Jill Redhage
Daily Journal Staff Writer

SAN FRANCISCO -- A federal bankruptcy judge in San Francisco on Wednesday approved settlement agreements between the Heller Ehrman LLP estate and 10 law firms that hired away its shareholders in 2008 when Heller dissolved. Together the agreements will provide the estate with nearly $3.5 million for payments to unsecured creditors.

The settlements resolve claims that the 10 firms wrongly kept the proceeds from business brough...

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