The federal judge overseeing Heller Ehrman’s bankruptcy proceedings has allowed the unsecured creditors’ committee to sue the defunct law firm’s banks and its former partners to collect damages, according to an order filed on Tuesday.
“The complaint will probably be filed in the next couple of days,” said the committee’s lawyer, Thomas Willoughby, a partner at Felderstein Fitzgerald Willoughby & Pascuzzi, a bankruptcy boutique in Sacramento, Calif. The recent order reaffirmed a statement of decision issued earlier this month by U.S. Bankruptcy Judge Dennis Montali of the Northern District of California.
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