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Bankruptcy

Sep. 30, 2011

Bankrupt Heller estate settles with more firms

The Heller Ehrman LLP estate has reached a $2.26 million settlement with eight law firms that hired away its shareholders when it dissolved.

By Jill Redhage
Daily Journal Staff Writer

The Heller Ehrman LLP estate has reached a $2.26 million settlement with eight law firms that hired away its shareholders when it dissolved in 2008.

The settlement, pending approval by a bankruptcy judge, would resolve the estate's claims that the firms wrongly kept $32 million in fees generated from client matters begun at Heller. The estate has now settled 40 of the 50 lawsuits it filed against successor firms. In a court ...

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