Two more firms that hired partners from Howrey amid its 2011 collapse have settled with the now-defunct firm's bankruptcy trustee, who has pushed aggressively to recover money for the Howrey estate under the so-called unfinished business doctrine, Am Law Daily reported on Friday. In the latest round of settlements, Cadwalader, Wickersham & Taft has agreed to pay the Howrey estate at least $600,000, and Washington, D.C.–area firm Ober Kaler has settled for an undisclosed amount. Both deals require the approval of Bankruptcy Judge Dennis Montali. The Cadwalader settlement is tied to seven litigation matters the firm took on when it hired former Howrey antitrust partners Peter Moll and Brian Wallach, according to a Thursday court filing. Relying on the unfinished business doctrine, trustee Allan Diamond claims the bankruptcy estate has an ownership right to those matters and deserves a portion of the money they generated.
