Howrey Creditors Target Arent Fox, Others Over Unfinished Biz

Law360, Chicago (June 10, 2013, 1:48 PM EDT) -- Unsecured creditors of folded law firm Howrey LLP on Friday moved to investigate potential claims against Arent Fox LLP and two other firms over profits earned from “unfinished business” inherited when they hired defecting Howrey partners.

Howrey’s official committee of unsecured creditors wants Arent Fox, Arnold & Porter LLP and Snell & Wilmer LLP to turn over documents and provide each firm’s “custodian of records” for a deposition, according to motions filed in California bankruptcy court.

The committee said it hoped the information obtained in its...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.