The Howrey Bankruptcy to be Overseen by the Trustees
San Francisco federal bankruptcy judge Dennis Montali declared that The Howrey bankruptcy will be put under the control of a government-appointed trustee inspite of being a Chapter 11 proceeding. Montali's ruling was a response to the proposal filed by Citibank last week which required having the bankruptcy assigned either to a Chapter 11 trustee or transformed to an involuntary Chapter 7 case. The investigation also saw the motion of a battle between the Howrey estate and Cigna. Cigna is the health insurance provider of The Howrey. The battle was over more than 4,000 unpaid medical claims brought by former employees.