Law Practice
Apr. 4, 2009
Heller's Creditors May Get to Claw Back $50 Million the Firm Paid Banks
Heller Ehrman's creditors may seek to recover more than $50 million paid out to the firm's banks sooner rather than later under a bankruptcy judge's ruling.
Daily Journal Staff Writer SAN FRANCISCO - Sooner rather than later, Heller Ehrman's creditors will get to make their play to claw back more than $50 million the firm paid to its banks since it dissolved in September, thanks to a bankruptcy judge's decision Thursday. If they succeed, there will be $50 million more in the pot for all the firm's creditors to divvy up. The creditors' committee may proceed with its challenge ...
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