Heller's attorney blames bank intransigence and a landlord's "ridiculous" move for the firm's bankruptcy decision. Two banks are short $6 million, a San Francisco landlord is looking at $30 million less than a court said it was owed, and the finger-pointing has begun. Defunct Heller Ehrman filed for Chapter 11 bankruptcy protection on Sunday, putting a stay on at least five suits filed against the firm since it announced on Sept. 26 that it would dissolve.
Banks and Landlord Blamed in Heller Bankruptcy
December 30, 2008