Howrey Hits 3 More Ex-Partners With Clawback Claims

Law360, Los Angeles (September 9, 2013, 9:20 PM EDT) -- The trustee for folded law firm Howrey LLP launched a lawsuit against three former partners Monday, seeking to claw back $596,183 in distributions made to the lawyers while Howrey was insolvent, allegedly in violation of Howrey’s partnership agreement.

The new suit comes less than two weeks after a California bankruptcy judge approved a settlement resolving approximately $515,000 in unfinished business claims between Howrey, McDermott Will & Emery LLP and a former Howrey partner who left to join McDermott in 2010. Monday’s suit is the latest blitz...
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.