Dissolution Plan Leaked

It appears, according to Above The Law, that a copy of the Heller Ehrman Dissolution Plan has made its way around.

You can download it here: http://abovethelaw.com/_Plan%20of%20Dissolution.pdf

Your Cruise Director is still reading through all the pages (43 of them) and will report back with his take in a few.

Over and out.

Heller Drone
Cruise Director


11 Responses to “Dissolution Plan Leaked”

  1. 1 Observer 9 October 2008 at 11:36 am

    p. 7: Dissolution Committee intends that all amounts owed to employees, including accrued vacation time, will be paid.

  2. 2 2006LaidoffHellerite 9 October 2008 at 3:23 pm


    Well, we all know that the road to Hell is paved with good intentions.

  3. 3 Yet another ex-Hellerite 9 October 2008 at 3:41 pm

    Also doesn’t specify when they “intend” to pay all amounts owed to employees… could be tomorrow, could be two years from now.

  4. 4 Heller Associate 9 October 2008 at 6:44 pm

    Why are there a substantial number of shareholders (Larrabee, etc.) listed as unsecured creditors/vendors to which sums are due in Exhibit D to the dissolution plan?

  5. 5 Anon 9 October 2008 at 6:52 pm

    Probably unreimbursed expenses – like travel.

  6. 6 Heller Associate 9 October 2008 at 8:31 pm

    Although not out of the realm of possibility, over 12k (Larrabee) seems like a lot of unreimbursed expenses, particularly as Heller directly pays for airfare…

  7. 7 News Elf 9 October 2008 at 9:39 pm

    The link’s no longer working. I’m getting the error message “Page not found – /_Plan%20of%20Dissolution.pdf” am I doing something wrong?

  8. 8 Observer 9 October 2008 at 10:21 pm

    Huh. You appear to be correct: the link above is not working anymore, and the link directly on the ATL site is no longer working either. I wonder if somebody got ATL to withdraw the document?

    But I saved a copy earlier today, and will email it to HD. (Who probably saved it himself already)

  9. 9 Observer 10 October 2008 at 1:38 am

    I think it is just an ATL site flaw. Sometimes I can pull it up there, and sometimes I can’t.

  10. 10 Merger Observer 10 October 2008 at 12:40 pm

    I have direct knowledge that the banks have approved the plan. If you’re told something else, surprise, they are lying. There was a call this morning to discuss it amoungst the stay team overlords.

  11. 11 Sympathetic 10 October 2008 at 1:30 pm

    URL linked in this post is broken.. actual link from the site works fine..


    hope that helps

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