Howrey Seeking Bankruptcy Conversion
Posted on Jul 4, 2011 2:20pm PDT
Howrey Law Firm is reportedly seeking to convert their bankruptcy from
Chapter 7 to Chapter 11. According to reports, the company originally filed involuntary Chapter 7 liquidation. They believe that
Chapter 11 will allow them to satisfy creditors in a shorter amount of time. The company's biggest liability is reportedly at $49 million that is owed to Citibank.
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