Former Dewey Partners Urged to Reach Quick Settlement

, The Am Law Daily

   | 1 Comments

A conference call held Tuesday afternoon by those winding down bankrupt Dewey & LeBoeuf outlined the basics of a so-called partner contribution plan, which would allow former partners to avoid future liability in exchange for a payment to the estate.

What's being said

  • Lulaine

    The harder the partners make the situation the worse it will be. Creditors who have lost money with the firm may bring charges against them individually to recover their funds. It would probably be the best situation if it settles as quickly as possible.

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