A Mayer Brown partner said Monday that Chairman James Holzhauer announced the end of the talks in an e-mail to the partnership on Monday morning, in which he praised Heller as a firm. Partners met in Heller’s offices on Monday morning to discuss the firm’s options going forward, according to sources within the firm.
News of the 15 partners leaving Heller had come in over the weekend and into Monday, according to one source who would not elaborate on whether the announcements precipitated the end of the merger talks or vice versa. Intellectual property is among Heller’s core practices, a list that includes antitrust, securities and insurance coverage, in addition to other areas.
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