Unsecured creditors of our favorite “brain” dead law firm, Heller Ehrman are alledging the firm distributed $9 million to “shareholders” in excess of the firm’s 2007 profits. The nine million was alledgedly used to induce rainmaking partners to remain with the firm. See: Ex-Heller Chair Denies That Partners Were Paid $9M in Phony Profits. Matt Larabee, Heller’s former Chairman of course denies these acqusations but apparently didn’t elucidate as to who the firm will attempt to pin this on.
The accountants perhaps? They’re alawys a good target.
