Howrey Trustee Slaps Reed Smith With Clawback Suit

Law360, Los Angeles (February 25, 2014, 9:22 PM EST) -- The trustee for folded law firm Howrey LLP launched an adversary complaint in a California federal court against Reed Smith LLP on Tuesday, seeking to recover money made by former Howrey lawyers when they took their unfinished business to Reed Smith.

Howrey liquidation trustee Allan B. Diamond claims Reed Smith owes money earned by four former, unnamed Howrey partners who completed work started while at Howrey. Diamond said he is entitled to that “valuable asset,” but the complaint does not specify the amount of money at issue....
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