Under an agreement announced at a status conference Friday before U.S. Bankruptcy Judge Dennis Montali, the Howrey estate will make a one-time payment of $200,000 to SAP in connection with the software behemoth's development of a customized billing and accounts payable system that the firm continued to use even after dissolving in 2011.
November 18, 2012 at 12:00 AM
1 minute read
The Howrey estate announced a settlement with software behemoth SAP at a status conference Friday before U.S. Bankruptcy Judge Dennis Montali.
The estate will make a one-time payment of $200,000 to SAP, said Stephen Loden, a partner with Diamond McCarthy. The firm’s Allan Diamond is the Howrey bankruptcy trustee.
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