Four years after the fall of Howrey LLP, another batch of the law firm’s former partners have agreed to settle with its bankruptcy estate.
That this time, 47 ex-partners are chipping in $75,000—an average of just $1,595 each—but are also agreeing to drop $6.1 million in claims that they were pursuing in the case, according to court filings. Removing those claims means more money will be available for other creditors. The settlement frees the ex-partners from future Howrey-related liability.
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