Two lenders calling the shots for the dissolution committee of a large firm (NOT a Connecticut firm)

According to the e-mails from the dissolution committee, the firm’s banks — Bank of America and Citibank — forced the layoffs of “many employees.”

“Generally, they have refused to pay employees who we cannot convince them are necessary (as they define it) for the wind down efforts,” the e-mails read.

source:  Mass Layoffs at Heller Ehrman by Niraj Chokshi The Recorder October 13, 2008 available at Law.com