Howrey announced in a press release Monday that it has moved to convert its involuntary Chapter 7 case in San Francisco to a voluntary Chapter 11 filing.
“Howrey has concluded that Chapter 11 will give better order to the wind-down process and provide the clearest and quickest path to satisfying all of the firm’s creditors,” said H. Jason Gold, bankruptcy and restructuring chair at Wiley Rein in Washington, D.C., in the statement.
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