Covington, Shearman, Kirkland End Howrey Rows For $2M

Law360, Los Angeles (October 22, 2013, 7:23 PM EDT) -- Covington & Burling LLP, Kirkland & Ellis LLP, Shearman & Sterling LLP and former Howrey LLP attorneys who joined the firms have agreed to pay Howrey's Chapter 11 trustee roughly $2 million to settle unfinished-business litigation, according to filings in California bankruptcy court on Monday and Tuesday.

The trustee, Allan B. Diamond of Diamond McCarthy LLP, asked the bankruptcy judge to approve the agreements, which would resolve claims that the firms and Howrey's former partners owed Howrey profits from competing client matters that originated at its...
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