Business of Law
Howrey Creditors Seek Involuntary Chapter 7 Bankruptcy for Law Firm
Three creditors to whom Howrey allegedly owes a total of less than $40,000 have filed a petition in the Northern District of California seeking an involuntary Chapter 7 bankruptcy for Howrey, reports the Am Law Daily.
The law firm dissolved last month following an attorney exodus.
Bankruptcy partner Peter Gilhuly of Latham & Watkins, who has been representing Howrey, declined to comment when contacted by the legal publication.
Earlier coverage:
ABAJournal.com: “As Howrey Closes, 32-Lawyer Team Heads to Baker Botts, Another 40 Go to Winston & Strawn”
ABAJournal.com: “Three Letters—LLP—Helped Spur Howrey’s Downfall, Columnist Says”
ABAJournal.com: “Former Howrey Staffer Files WARN Suit Over Law Firm’s Layoffs”
