SAN FRANCISCO Another settlement domino has fallen in the Heller Ehrman bankruptcy litigation.
Greenberg Traurig has agreed to pay $4.9 million to settle the Heller estate’s malpractice, conflict of interest and preference payment claims. "If approved, the settlement will resolve entirely a vigorously contested adversary action and result in an infusion of $4.9 million in cash to provide the major funding for an anticipated upcoming distribution to creditors," Christopher Sullivan, special counsel to Heller’s estate, wrote in a Thursday bankruptcy filing.
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