Heller, Covington Strike $5M Deal Over Atty Transfers

Law360, New York (July 21, 2011, 8:35 PM EDT) -- Heller Ehrman LLP on Tuesday reached a nearly $5 million settlement in California with Covington & Burling LLP and a group of former Heller intellectual property lawyers accused of breaching their employment contracts when they transferred to Covington after Heller filed for bankruptcy.

As part of the settlement, Heller agreed to drop the breach of contract claims and all allegations of wrongdoing against Covington, while Covington agreed to pay $4 million for claims arising from unfinished business the attorneys brought with them from Heller.

The 17...
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