Dissolution
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Dissolution, Heller Ehrman
So Much For 60 Days WARNing: Part II
Another week, another Heller Ehrman action that is out of step with their original dissolution plan. This time it looks like even “essential” Heller employees and associates are being terminated at the end of this week. After the jump, read the full Heller Dissolution Committee Letter. And notice how similar it is to the last […] -
Dissolution, Heller Ehrman, Layoffs, Musical Chairs
Anatomy of a Dissolution: So Much For 60 Days WARNing
“Non-essential” Heller Ehrman people, it’s time to pack it up: It is with a great deal of regret that we write to inform you that we will not be able to pay you for work performed after today, Friday October 10 and, as a result, that your employment with the firm will be terminated today. […] - Sponsored
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Dissolution, Heller Ehrman, Hot Document
Hot Document: The Official Heller Ehrman Dissolution Plan
When Heller Ehrman dissolved in late September, associates and employees were informed via a firm-wide email. Since then, Heller management has had email communication with employees, but (to our knowledge) they have not revealed their official dissolution plan. We got our hands on the 43-page operating document. In addition to a detailed discussion of the […]
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Bankruptcy, Dissolution, Heller Ehrman, Musical Chairs
Anatomy Of A Dissolution: Why Buy The Cow When You Can Get The Milk For Free?
If any Heller Ehrman attorneys were hoping that a major firm would sweep in and hire a whole bunch of Hellerites, the Dissolution Committee is warning you not to hold your breath. The Recorder reports: On Tuesday, Peter Benvenutti, the chairman of the dissolution committee now controlling the firm, confirmed whispers that Baker & McKenzie […] -
Dissolution, Heller Ehrman, Real Estate, Weirdness
Anatomy Of A Dissolution: Heller Fights Eviction In Seattle
Heller Ehrman continues to stave off involuntary bankruptcy, despite not being able to pay employees their accrued vacation time. But Heller’s breakup continues to take weird twists. The latest bizarre news comes from Seattle, where some associates have wondered whether they are about to be evicted from their offices. Tension was so high that Heller […] -
Dissolution, Heller Ehrman
Anatomy of a Dissolution: BoA & Citi Tell Heller Ehrman There's No Money For Vacation Time
This won’t come as a galloping shock to the pessimists out there, but Heller Ehrman is not going to pay out the accrued vacation time of their associates and staff. The disappointed employees were told today via a firm-wide email: On behalf of the Dissolution Committee: To Our Employees: The Dissolution Committee is sending this […] -
Dissolution, Heller Ehrman
Etiquette Of A Dissolution: Emails You Shouldn't Send
While law firms try to cherry pick Heller Ehrman’s departing attorneys, some companies are also trying to pick up Heller Ehrman’s business. But there is a way to be decent about these things. The people at VentureSource might need to brush up on their etiquette. The venture capital resource group sent out the following email […] -
Dissolution, Heller Ehrman, Layoffs
Anatomy of a Dissolution: Heller Ehrman's Long Goodbye
It’s been a few days since we checked in on the slow breakup of Heller Ehrman. But today brings news of a coveted partner picking his soft landing. The Daily Journal reports: Top antitrust litigator Robert G. Badal will be departing Heller Ehrman for Wilmer Cutler Pickering Hale and Dorr’s Los Angeles office, which he […] - Sponsored
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Dissolution, Heller Ehrman, Layoffs
Heller Ehrman: Anatomy of a Dissolution
It’s official: Heller Ehrman is dissolving. We have no desire to pile on, but major firms don’t close their doors everyday. So, how does the dissolution process work exactly? The first thing Heller is required to do by law is to give notice to all their employees under the Worker Adjustment and Retraining Notification Act […] -
Dissolution, Heller Ehrman, Layoffs
Heller Update: Dissolution Is In The Cards
At a firm-wide meeting held at 1 p.m. Pacific time, Heller associates were informed that there would be an “orderly dissolution” of the firm, starting on Monday. Associates have been given 60 days’ notice, with pay. But it’s not a severance payment. Associates are expected to show up and participate in the “orderly dissolution.” As […] -
Dissolution, Heller Ehrman, Layoffs
Update: Heller Still Has Credit, Will Talk To Associates Soon
At yesterday’s shareholder video conference, the leadership of Heller Ehrman assured the partnership that their line of credit was still open. That doesn’t mean that they can survive, just that they still have some time to make their next move. Meanwhile, after the meeting, Heller Chairman Matthew Larrabee finally communicated with associates and staff: To: […] -
Dissolution, Heller Ehrman, Layoffs
Breaking: Firm-Wide Shareholder Meeting Scheduled At Heller
It looks like the shareholders of Heller Ehrman will finally get the latest information about what’s going on at the firm. We just received this message: To: All Shareholders We are holding a FW SH VC today to provide you with as much information as we can. Although we will not have answers to all […]
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