Heller Ehrman Distributions Update

[Received today via e-mail from Blum Collins]

We are class counsel for the certified class of former Heller Ehrman employees seeking unpaid wages from the bankruptcy estate. This is an update on the upcoming additional distribution of money to former Heller Ehrman employees.

On September 12, 2011, the Court granted Heller’s motion asking the Court to approve paying out over $20 million to creditors (which includes employees). Heller’s motion included some general information about the claim percentages to be paid (i.e., 24 to 33 percent), but Heller now says the distribution will be 30 percent. Heller has filed the list of employees (and how much money each will get) under seal. This is to protect employee privacy. Heller has sent every employee a letter stating how much money that individual employee can expect to receive.

Heller had previously stated that it hoped to make the payments by September 15, 2011. We are trying to get updated information on the status of the payments.


Craig M. Collins
Blum Collins LLP


11 Responses to “Heller Ehrman Distributions Update”

  1. 1 Sue 19 September 2011 at 4:32 pm

    Would someone explain why it wasn’t clear that not all employees would be receiving money? Did I overlook something? That’s all I’m looking for.

  2. 2 Sue 19 September 2011 at 4:52 pm

    After reading the documents again, it just states filing a list of employees and the amount they will receive. I think we all assumed that each of us would be receiving some payment.

  3. 3 Entrepot 23 September 2011 at 6:59 pm

    I assumed as well, but, for example, if your only claim was for vacation, and you had less vacation time accrued than the 6-month limit for priority claims, then you may have nothing left (other than waiting time penalties that I do not believe would be paid out under this).

  4. 4 Former SF Heller employee 24 September 2011 at 7:54 pm

    So does this payment constitute the end of the class action lawsuit against Heller Ehrman and no further payments are due to us?

  5. 5 Tired of Feet Dragging 26 September 2011 at 5:54 pm

    Any updates on payment timing?

  6. 6 John Heller 28 September 2011 at 12:50 pm

    This says that we were supposed to have received a letter indicating what we could expect to receive. I haven’t received it yet. Has anyeone?

  7. 7 KW 28 September 2011 at 6:33 pm

    Response to John Heller:

    Yes, I received mine sometime in August. I also work with 3 former Heller emp’s and they received theirs the same day that I did.

  8. 8 3 Years Later 29 September 2011 at 11:15 pm

    Yes, when are we supposed to receive the exact amount that we are owed via correspondence? 30% doesn’t mean anything.

  9. 9 matty larraabbee 1 October 2011 at 3:59 pm

    Got my check today!

  10. 10 Me 2 October 2011 at 12:01 pm

    I got one of the letters in, August I think, but have not gotten a second letter. Should I? Has anyone else gotten their checks?

  11. 11 Me2 3 October 2011 at 9:05 am

    I got my check on Friday, 10/1/2011.

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