Covington, Kirkland, Shearman Settle With Howrey Estate

, The Am Law Daily

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UPDATE, 10/23/13, 11:00 A.M. EDT: Two other law firms, Ropes & Gray and Venable have agreed to settle unfinished business claims brought by Howrey trustee Allan Diamond, according to court documents filed Tuesday. Ropes will pay the Howrey estate $240,000, while Venable has agreed to contribute $17,000. That brings the total Diamond has collected this week to repay the defunct firm's creditors to $2.28 million, pending the court's approval.

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