Ex-Howrey Partners, Trustee Forge Deal On Clawback Claims

Law360, Los Angeles (February 20, 2014, 11:02 PM EST) -- The trustee for folded law firm Howrey LLP reached a settlement with several former partners over more than $500,000 that was paid to them after the firm was insolvent, according to a deal filed in California federal court Thursday.

U.S. Bankruptcy Judge Dennis Montali signed off on the agreement Wednesday, finding the parties had come to equitable terms that seemed fair to both the estate and the attorneys involved, according to the order.

“The settlement set forth in the motion is fair, equitable and in the...
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