In the course of its nearly decade-old bankruptcy, the $470,988 settlement that Brobeck, Phleger & Harrison’s estate proposed late last month won’t change the course of its Chapter 7 proceedings. But when the party handing over the money is Heller Ehrman, another bankrupt law firm, the settlement turns a few heads.
The agreement, which must be approved by U.S. bankruptcy judge Dennis Montali, settles a long-running dispute over who deserves to get paid for work six Brobeck partners took with them to Heller after Brobeck dissolved in 2003.
