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Bankruptcy

Nov. 25, 2013

Howrey estate settles with two more firms

The Howrey LLP estate filed proposed settlements Thursday with a bankruptcy judge that would resolve its claims against two law firms that took on former partners after the firm collapsed.

By Joshua Sebold
Daily Journal Staff Writer

The Howrey LLP estate filed proposed settlements Thursday with a bankruptcy judge that would resolve its claims against two law firms that took on former partners after the firm collapsed.

Bankruptcy law allows a dissolved firm's estate to recoup fees from work that began at the firm and was completed elsewhere.

Allan B. Diamond, trustee for the estate, reached a $600,000 settlement with Cadwalader, Wickersham & Taft...

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