ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Legal News Blogs -> Legal Pad | LA

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Legal News

: Legal Pad | LA

Heller claims am-Bush partly responsible for Chapter 11 filing

By Richard Binder

ADVERTISEMENTS

Defunct Heller Ehrman filed for Chapter 11 bankruptcy protection on Sunday, putting a stay on at least five suits filed against the firm since it announced on Sept. 26 that it would dissolve. According to a memo sent from the firm's dissolution committee to former Heller employees, the decision to file for bankruptcy protection was driven by its San Francisco landlord, 333 Bush Associates, which sought and received a writ of attachment on Dec. 19, making it a secured creditor to the tune of $48 million. A lack of cooperation from the firm's banks, Bank of America and Citibank, was also blamed.

Two banks are short $6 million, a San Francisco landlord is looking at $30 million less than a court said it was owed, and the finger pointing has begun.  Track it here.

Full post as published by Legal Pad | LA on December 30, 2008 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

How to Stop Home Foreclosure
Bankruptcy can Stop Foreclosure

Federal Transportation Equity Act of 2005
Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users

Paxil Lawsuit
Paxil Claims, Lawsuits, and Injuries

Transportation Equity Act for the 21st Century
TEA-21 - Plus Law 105-178

Lawsuits and Settlements

Lehman Brothers
Bankrupt, Files Chapter 11

Laurin Maritime et al
Class Action Launched Against Companies Responsible for Mississippi Oil Spill

Bush Administration
class action settlement ensures Medicaid beneficiaries can continue to purchase prescription drugs at minimum cost when they become eligible for Medicare.

False Claims
Attorney Robert Arledge ordered to pay $5.8 million after making false Fen Phen settlement claims.

LINA - Cigna Life Insurance Company of North America Disability Claims
LINA Insurance alleging violations of disability insurance claims.

Bayer to Pay $3.3 Million To Settle One A Day Vitamin Claims
Bayer to Pay $3.3 Million To Settle One A Day Vitamin Claims

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.014 secs (new cache)