Two Firms Settle Unfinished Business Claims with Howrey Trustee

Two firms that took in partners following Howrey's 2011 collapse have agreed to make payments to the bankrupt firm's estate based on the legal theory that dissolving firms have a stake in work brought by their former lawyers to their new employers. The agreements with Holland & Knight and Fenwick & West are among the first to emerge from talks between the Howrey trustee and more than 70 firms that brought on former Howrey partners.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.americanlawyer.com/PubArticleALD.jsp?id=1202593483846&rss=newswire

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