Howrey Creditor Defends Bid To Bring Alter Ego Claims

Law360, New York (January 8, 2013, 7:02 PM EST) -- An attorney for a Howrey LLP unsecured creditor on Monday blasted the Chapter 11 trustee's bid to stop a proposed class action targeting hundreds of equity security holders of the defunct law firm, saying the creditor has the right to file alter ego claims.

Trustee Allan B. Diamond had argued that the suit would violate the bankruptcy's automatic stay, but William McGrane, counsel for Howrey Claims LLC, said the creditor's adversary proceeding would not breach the automatic stay because Howrey and the bankruptcy estate never had...
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