Heller Ehrman’s creditors have reached a tentative settlement for $1.6 million with 62 former shareholders, most of them junior partners, according to briefs filed in bankruptcy court late Wednesday.
Creditors are targeting 180 partners altogether and have carved out policy committee members and senior management for separate negotiations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]