Highland Capital Management Settles Schulte Suit

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Mon Nov 2, 2009 12:21pm EST 

DALLAS, Nov. 2 /PRNewswire/ -- Highland Capital Management, L.P. ("Highland")
announced today that it has reached a settlement agreement with Schulte, Roth
& Zabel pertaining to a lawsuit filed by the firm due to a billing dispute.

About Highland Capital Management

Highland Capital Management, L.P. ("Highland") is an SEC-registered investment
adviser with over $27 billion of assets under management. Highland is one of
the largest global alternative fixed income managers, specializing in bank
loans, high yield credits and structured products.  Its credit team remains
one of largest and most experienced in the industry.  The firm's in-house
restructuring and private equity staff provides their clients with strategy,
M&A and operations capabilities.  Highland Capital is headquartered in Dallas,
Texas and maintains offices in New York, London and Singapore.

    Media Contacts:
    Nina Devlin
    Edelman
    212.704.8145
    nina.devlin@edelman.com

    Christopher Mittendorf
    Edelman
    212.704.8134
    christopher.mittendorf@edelman.com




SOURCE  Highland Capital Management, L.P.

Nina Devlin,, +1-212-704-8145, nina.devlin@edelman.com, or Christopher
Mittendorf, +1-212-704-8134, christopher.mittendorf@edelman.com, both of
Edelman
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