Bankrupt Firm Wants $471,000 in Settlement from Another Bankrupt Firm | BCGSearch.com

Need Help? Call 800-298-6440

BCG Attorney Search

BCG Attorney Search

The Standard in Attorney Search and Placement™

BCG Attorney Search is widely known to be the most selective recruiting firm in terms of who it represents in the United States. In addition, BCG Attorney Search is the most demanding of its recruiters and is widely considered to be the most rigorous recruiting firm in terms of screening our recruitment staff as you like.

BCG Attorney Search Law Firm News

Law Firm News

Bankrupt Firm Wants $471,000 in Settlement from Another Bankrupt Firm

09/07/11

Bankrupt Firm Wants $471,000 in Settlement From Another Bankrupt Firm

Bankrupt Firm Wants $471,000 in Settlement From Another Bankrupt Firm

The estate of Brobeck, Phleger & Harrison's, a law firm that went bankrupt in 2003, has proposed a settlement for a long running legal battle in which it will receive $470,988. But the losing party who is going to pay - Heller Ehrman, is a law firm that itself went bankrupt in 2008. The case is over who deserves to be paid for the work that six ex-Brobeck partners took with them when they left for Heller after Brobeck was dissolved in 2003.The sum that that has been proposed and now accepted by Heller's estate is actually a fraction of the original claim of $2.7 million. Heller itself has made similar claims against other law firms and this is considered to be one of the main reasons why it agreed to settle the case. One observer has said that if Heller had refused “law firm defendants would have howled.”

Want to read more law firm news?
For past editions of our weekly law firm news, click here.


Contact Our Recruiters Now!

Search Jobs

Locations:

Minimum Years of Experience:

Primary Area of Practice:

Firm Type:

Keyword:

 Partner Level Job(s):

Search Now