Heller Ehrman Chapter 11 Bankruptcy Documents

Here are the documents which I have access to so far.  Also, there is a hearing today as I type this – at 2:30 pm Pacific Standard Time – for which I hope to have more info later today.






5 Responses to “Heller Ehrman Chapter 11 Bankruptcy Documents”

  1. 1 Anon2 29 December 2008 at 10:27 pm

    Well, this really sucks. I naively thought it was referring to the lost wages for ALL employees, but it only applies to the remaining 54 at the firm, but more specifically, Brad Scott, Shelly Salerno and Kay Shultz. Ok, I can understand Kay Schultz- she’s in IT, etc. But this is just really hard to read because the gist of it is, the poor, worried employees that are still there may not get their bonuses, vacation pay or their full benefits. What about the rest of us 500 or so employees? Reading this just pissed me off after I thought I had already dealt with this emotionally. Let’s see, I didn’t get my vacation pay, bonus pay, profit sharing, or full time benefits. Just a lousy email in October and a lousy one yesterday from the Dissolution Committee wishing me a better 2009. Seriously – this is a joke, right? I’m not laughing……

  2. 2 Thomas MacEntee 29 December 2008 at 11:30 pm


    I feel your frustration but I don’t think I’m ready to blame anyone on the “stay team” – those asked to stay on to wind down the firm’s business – right yet. They took quite a risk by staying on and many of them have put off looking for other positions or even turned down other opportunities. And having a core set of competent people to help collect the outstanding receivables, to make sure that computers etc. are inventoried for liquidation, etc. are essential functions that need to be done. The alternative would have been to hire outside vendors to perform this function (and, given Heller’s track record with Williams Lea non-payment who would seriously do this) and to do so with much less efficiency than Heller employees who were closest to these processes.

  3. 3 Yeah, I stayed 30 December 2008 at 11:08 am

    Anon2: Insofar as I can speak for anyone but myself, the folks who stayed think the way that our illegally-terminated-coworkers have been treated *sucks*. But we’ve just hunkered down & kept on working. If the DC is to be credited (I’ll leave that one as an exercise for the student), it’ll eventually result in everyone getting the money they’re owed, albeit way too late. And in the meantime, I haven’t been able to find work anywhere else, and I’m not nearly noble enough to turn down in a paycheck in this economy. No pity required — you got a *much* rawer deal. But please don’t think that we’re just strolling along, whistling a happy tune.

  4. 4 d 30 December 2008 at 3:28 pm


    Where did you get the bankruptcy documents that you linked to and do you have, or can you get, the complete list of creditors that Sugarman refers to in his email of today? The list that you posted is just the top 20 creditors. Thanks for all of your hard work in this.

    PS Email of 12.29.08 at 3:03 pm

    1. The List of Creditors was a document filed with the Bankruptcy Court.

    2. You don’t need to check it to see if your name was omitted. We will compare the List against our employment records and supplement it as necessary in a later court filing.

    3. I don’t have a link to the Bankruptcy Court filings. We do not intend to post them or circulate them. They are all matters of public record.

    4. Please don’t send me an email telling me your name was omitted from the List of Creditors. We are aware of the issue and will correct the inadvertent oversight.

    5. If your email or mailing address has changed, please inform Carol Budinger (carol.budinger@hellerehrman.com) directly. Please do not inform me.

  5. 5 Thomas MacEntee 30 December 2008 at 3:31 pm

    Thanks. I am going to post and explain how the bankruptcy court documents are accessed but several ex-Hellerites who have PACER accounts (the electronic docket for federal cases) sent me the documents. I am not in a position right now to set up my own PACER account and pay on a per page basis to download and print these documents.

    I will try to get the entire set of documents.


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