Heller Ehrman Renews Ch. 11 Liquidation Plan

Law360, New York (May 12, 2010, 7:22 PM EDT) -- Following criticism from major secured creditors, debtors and unsecured creditors for the defunct Heller Ehrman LLP filed a new Chapter 11 plan of liquidation and disclosure statement that spell out the money Heller has on hand to pay a host of fees.

The new plan and statement, filed Tuesday in the U.S. Bankruptcy Court for the Northern District of California, contain details of the financial elements of the plan, including the $13.1 million in cash that Heller Ehrman said it would use to make about $11.5...
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