Some former partners of Howrey LLP have agreed to spend the next several months in settlement talks to avoid litigation over the defunct law firm’s 2011 collapse. Read the Daily Bankruptcy Review article via The Wall Street Journal.
A handful of Howrey’s former partners can breathe easily, at least for the next few months: they’ve struck a deal that gives them time to work on settling potential lawsuits related to their roles in winding down the 55-year-old law firm.