Settlement Sought in Howrey Case

March 25, 2013

Some former partners of Howrey LLP have agreed to spend the next several months in settlement talks to avoid litigation over the defunct law firm's 2011 collapse, the Wall Street Journal reported today. Under a deal filed in bankruptcy court on Wednesday, several attorneys—including Howrey's former chairman, Robert Ruyak—will not face any litigation until at least Sept. 30. The deal aims to permit the former Howrey partners time to amicably resolve any liability they may face as a result of the firm's March 2011 dissolution, which was followed by the firm's chapter 11 bankruptcy filing.