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Howrey Reaches Key Settlements with Landlord Ex-Partners

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Howrey LLP 's bankruptcy trustee has reconciled with the defunct law firm's former Washington, D.C., landlord and a group of ex-partners, two of the final hurdles standing in the way of repaying Howrey's debts, Dow Jones Daily Bankruptcy Review reported today. The landlord deal, which caps Warner Investments LP's highest-priority claim at $4.5 million, "removes one of the largest impediments to the trustee's ability to work towards and propose a confirmable chapter 11 plan in this case," trustee Allan Diamond said in settlement papers filed in bankruptcy court on Wednesday.