A group of former Heller Ehrman employees have sued at least 179 of the firm's ex-partners, including chairman Matthew Larrabee, demanding they hand over $32m (£22m) for the largest group of creditors in the defunct firm's bankruptcy. The suit targets all partners who were at the firm on 11 August 2008, when 60 days' notice should have been given to the first employees laid off on 10 October, said Craig Collins of Los Angeles litigation boutique Blum Collins. Heller's former shareholders prefer not to be called partners. They were technically shareholder employees of the professional corporations that composed the limited liability partnership (LLP), a factor which could lead to difficulties in proving liability for the LLP's employee wages. Blum Collins' name partner Steven Blum called that an "overly nuanced legalism" that would not hold up in court.
April 27, 2009 at 05:49 AM
1 minute read
The original version of this story was published on Legalweek
A group of former Heller Ehrman employees have sued at least 179 of the firm’s ex-partners, including chairman Matthew Larrabee, demanding they hand over $32m (£22m) for the largest group of creditors in the defunct firm’s bankruptcy.
The suit targets all partners who were at the firm on 11 August 2008, when 60 days’ notice should have been given to the first employees laid off on 10 October, said Craig Collins of Los Angeles litigation boutique Blum Collins.
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