Dissolution, Heller Ehrman

Anatomy Of A Dissolution: Heller Ehrman v. Citi and B of A

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It has been a while since we last checked in with the firm formerly known as Heller Ehrman. While many Heller partners have landed safely at firms like Orrick, Covington & Burling, and Winston & Strawn, some ex-Heller junior associates and staff are still twisting in the wind. The fact that markets everywhere are awash in legal resumes does not help.

Right now, former Heller people continue to fight with the firm and the firm’s banks over money they claim is owed to them. As Thomas MacEntee explains:

We’ve been hearing the same tired line of nonsense from Heller’s Dissolution Committee, Bank of America, and Citibank now since October. The Dissolution Committee passes the buck to the banks continuously and says “they won’t let us” when it comes to paying employees. The banks remain silent and play with not only the monies coming in but the day-to-day survival of ex-Hellerites.

When a bank is refusing to release the money you need for rent, things can get pretty heated. But you’d think that Citigroup at least would be a bit more willing to meet its obligations to regular people, since regular people just bailed them out:

How is it that these banks can be handed billions of dollars and yet be allowed to assist Heller in violating federal and state laws? My thinking is that authorizing the payment of what is due ex-Heller employees would put money back in the economy, allow people to make purchases, etc. Am I the only one seeing this? Or do I look “through a glass, darkly” as the saying goes, and my perception of reality is somewhat imperfect?

More bad news for Heller, and discussion of a “give us our money” email campaign, after the jump.


The bad news just keeps flowing for the dearly departed Heller Ehrman. The latest comes from the Daily Journal, which is reporting (subscription) that Heller’s former landlord is suing the dissolution committee for $85 million.

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Some speculate that the move could force the Heller Dissolution Committee into bankruptcy, which will put even more power in the hands of BoA and Citi.

Is there anything individual former employees can do against the combined strength of big banks? Begging is one option:

Some have stated that contacting the banks will not do much good since in their eyes you are “small fish” and you probably can’t contact those handling Heller’s credit lines directly. Or can you?

Heller Drone has come across the email addresses of those at BofA and Citibank involved with Heller’s lines of credit. I will post these and you can decide to do with them what you will.

Usually sending corporate middlemen unsolicited emails doesn’t get you anywhere. But if enough people do it, who knows? The bankers are outed over at Heller Highwater.

As always, we wish the recently displaced Biglaw denizens the best of luck weathering this economic storm.

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Earlier: Anatomy Of A Dissolution: Heller Ehrman’s ‘AIG Moment’

Heller Ehrman: A Time To Kill Sue

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