Heller Ehrman In The Hole By $71.9M

Law360, New York (October 9, 2008, 12:00 AM EDT) -- Heller Ehrman LLP's dissolution in late September was spurred by $71.9 million in liabilities, according to an unofficial copy of the firm's dissolution plan made public Thursday.

According to the plan's statement of estimated assets and liabilities, which was dated Sept. 26 but posted Thursday on the legal blog Above the Law, the San Francisco-based firm has assets of $257.8 million, liabilities of $71.9 million, and $66.7 million in capital.

Its total estimated potential collections are $124.3 million.

Those amounts include $56.5 million in fixed assets...
To view the full article, register now.