Howrey LLP Moves to Convert Involuntary Bankruptcy Case to a Voluntary Chapter 11
Effort to transfer the case from San Francisco to Washington, DC to proceed
WASHINGTON, June 6, 2011 /PRNewswire-USNewswire/ -- Howrey LLP ("Howrey") has filed a motion to convert the involuntary bankruptcy petition that was filed by three of the firm's small creditors from a Chapter 7 involuntary proceeding into a Chapter 11 voluntary proceeding. This will not affect Howrey's motion to change the venue of the proceedings from San Francisco to the District of Columbia. The Bankruptcy Court in San Francisco is scheduled to hear the venue motion on June 29, 2011.
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.
Howrey has retained the Washington, DC-based law firm Wiley Rein LLP as its lead counsel and Richmond, VA-based Protiviti Inc. as its financial advisor in the Chapter 11 case.
Founded in 1983, Wiley Rein LLP counsels leaders in numerous industries nationwide and around the world. Recognized for excellence, integrity and efficiency, we have over 275 attorneys practicing in more than two dozen specialties of law. To find out more about our capabilities, please visit the firm's website at www.wileyrein.com.
Contact: H. Jason Gold
703-905-2825 | [email protected]
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
H. Jason Gold
http://www.profnetconnect.com/h._jason_gold
SOURCE Wiley Rein LLP
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