A Portland, Ore.-based law firm has been able to pay its bills and emerge from Chapter 11 bankruptcy after settling a big case, the ABA Journal reported yesterday. The same prolonged legal battle with Pfizer Inc. that forced Williams Love O'Leary & Powers to file for bankruptcy in 2011 also resulted in a settlement sufficient to pay its bills, although exact terms of the settlement reached last year are confidential. The case against the pharmaceutical giant concerned 500 women who said that they developed cancer as a result of hormone replacement therapy. Pursuing Pfizer cost the law firm some $3 million.
