Howrey

Howrey Settles With Dickstein, Novak Druce, Wilson SonsiniLaw360 (subscription)Law360, Los Angeles (June 18, 2013, 9:30 PM ET) -- The Chapter 11 trustee in Howrey LLP's bankruptcy has reached settlements with three law firms that hired former Howrey partners — Dickstein Shapiro LLP, Novak Druce & Quigg LLP and Wilson Sonsini …

Howrey bankruptcy could trouble Alliance for Municipal Power communitiesWatertownDailyTimes.comThe bankruptcy of a large law firm, Howrey, could ensnare the 24 member communities in St. Lawrence and Franklin counties of the Alliance for Municipal Power, which was billed but never has paid $3.2 million for services toward establishing a public …

Howrey's art collection: Not so valuable after allWashington Business Journal (blog)Bankrupt law firm Howrey LLP endured another indignity this week: We learned that even its office wall hangings aren't worth what the partners thought. Not even close. When the firm disbanded in March 2011, its books listed a fair-market value in …

Howrey Creditors Target Arent Fox, Others Over Unfinished BizLaw360 (subscription)Law360, Chicago (June 10, 2013, 1:48 PM ET) -- Unsecured creditors of folded law firm Howrey LLP on Friday moved to investigate potential claims against Arent Fox LLP and two other firms over profits earned from “unfinished business” inherited when …

Howrey Creditors May Subpoena Arent Fox, Arnold & PorterLaw360 (subscription)Over the past few months, Diamond has launched a slew of lawsuits alleging firms that hired former Howrey partners improperly cashed in on matters inherited from the bankrupt law firm. The trustee has investigated claims against 70 firms that hired 220 …

Howrey Art Collection Goes Under the HammerThe BLT: Blog of Legal Times (blog)Allan Diamond, managing partner of Diamond McCarthy and trustee of the Howrey estate, said the artwork was collateral for Citi Bank, which was the firm's major security lender. The money earned … Photo by The National Law Journal's Diego M. Radzinschi.

Howrey trustee hired to recover money in Dewey & LeBoeuf bankruptcyWashington PostDiamond McCarthy, the Houston law firm representing creditors in the bankruptcy of defunct Washington law firm Howrey, has been retained to help resolve another major law firm bankruptcy: Dewey & LeBoeuf. In an effort to repay Howrey creditors, trustee …

Howrey Trustee Files 33 Lawsuits to Recover FundsJDJournal.comDiamond, a founding partner of Texas law firm Diamond McCarthy, was appointed trustee of the now defunct Howrey six months after bankruptcy was declared. In that time, he has sought to determine if funds paid to creditors prior to the firm's collapse …

Not A Popular Policy: Withholding 20 Percent of Partner PayAbove the LawWe've learned, for example, that it's dangerous to have a law firm name that's highly susceptible to puns. (Dewey know why that is? Howrey going to find out? Heller if I know.) Another lesson: avoid excessive dependence upon bank financing. When a firm …and more »

DC Artists Among Former Howrey Pieces up for SaleWall Street JournalHowrey LLP stuck close to its Washington, D.C., headquarters when shopping for art to decorate its walls. Several years after the law firm's demise, those works are now being sold in—where else?—the nation's capital. More than 50 pieces of art that …