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Large Firms

Jul. 17, 2009

Heller Bankruptcy Hits Bumps as Creditors Raise Questions

In U.S. Bankruptcy Court for the Northern District of California on Thursday, a nagging question in Heller Ehrman's bankruptcy reared its head: Will the firm's limited liability partnership structure hold up under creditors' fire?

By Jill Redhage
Daily Journal Staff Writer

SAN FRANCISCO - A nagging question in Heller Ehrman's bankruptcy reared its head Thursday in U.S. Bankruptcy Court for the Northern District of California: Will the firm's limited liability partnership structure hold up under creditors' fire?

For the second time in the bankruptcy proceedings, major creditors - this time, Bank of America Corp. and Citibank - questioned whether the nature of Heller's partne...

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