Ex-Heller Ehrman Atty's Claim Denied Priority Status

Law360, New York (November 3, 2010, 3:39 PM EDT) -- A bankruptcy judge has denied priority status to the claim of ex-Heller Ehrman LLP chair Julian Stern, lumping the entirety of the attorney’s $356,000 claim against the shuttered law firm into the general unsecured category.

Judge Dennis Montali of the U.S. Bankruptcy Court for the Northern District of California issued the order Monday, sustaining the debtor’s objection relating to Stern’s $11,000 priority claim.

Heller Ehrman is looking to disallow the entirety of Stern’s claim and has requested a trial to determine its validity, according to court...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.