Howrey Strikes $41M Deal With BakerHostetler

Law360, New York (August 16, 2013, 10:06 PM EDT) -- The Chapter 11 trustee for Howrey LLP on Friday asked a California federal judge to approve a settlement with BakerHostetler, as well as former Howrey partners Baker hired, that will immediately provide $41 million to pay off the Howrey bankruptcy estate's debt.

The money will come from about $100 million in attorneys' fees that were awarded in three antitrust class actions filed by dairy farmers against Dean Foods, dairy industry groups and others. The cases were originated at Howrey by attorneys who later joined Baker....
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