HOWREY, LLP

Case Highlights

• Analyze the post-petition financial and operational performance of Debtor
• Assist the Committee in evaluating any proposed disposition of assets
• Assist the Committee in formulating and evaluating a Chapter 11 Plan
• Advise the Trustee on collection of partner payments
• Prepare financial reports filed with the Court

Case Narrative

Howrey, LLP was a global law firm based in Washington, DC, that practiced antitrust, global litigation and intellectual property law. At its peak, Howrey had more than 700 attorneys in 17 locations throughout the United States and Europe.

DSI was retained as the Financial Advisor to the Official Creditors’ Committee of Howrey, LLP in the pending Chapter 11 bankruptcy filed in the Northern District of California Bankruptcy Court. As Financial Advisor, DSI has worked with the Creditors’ Committee on a number of issues including wind down, office relocation, employee termination and retention, sale of assets, receivable collections, as well as the transfer, management and destruction of files. DSI was retained as the Financial Advisor to the Chapter 11, and subsequently Chapter 7, Trustee.  As financial advisor to the Trustee, DSI has advised the Trustee and his counsel on numerous financial matters including solvency issues, the calculation of partner claw back amounts, the return of partner payments, tax preparation and issues, preparation of financial reports to be filed with the court including monthly operating reports, the sale or disposal of assets, and analysis of claims.