SAN FRANCISCO The Howrey estate was by turns peaceable and litigious Friday, striking a multimillion-dollar settlement with one of its insurance carriers while rounding up more firms for clawback claims.
The bankrupt firm’s trustee targeted seven law firms in its second round of unfinished business suits seeking to recover revenue earned from work exiting Howrey partners took to their new firms. Trustee Allan Diamond vowed earlier this year to sue any of the 71 firms that hired former Howrey partners after its 2011 collapse if they did not settle. Haynes and Boone; Neal, Gerber & Eisenberg; Kasowitz Benson Torres & Friedman; Hunton & Williams; Venable; Sheppard Mullin Richter & Hampton; and Levenfeld Pearlstein were slapped with suits this time. Diamond could not be reached for comment.
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