Though Responses Lag, Dewey Advisers See Settlement Proposal Succeeding

, The Am Law Daily


At a Wednesday meeting held to apprise unsecured creditors on the status of Dewey & LeBoeuf's Chapter 11 bankruptcy, counsel for the bankrupt law firm's estate expressed confidence that though only about one in four former partners had signed on to a proposed $90.4 million settlement so far, enough others would likely agree to participate by Thursday's deadline to ensure the plan's success.

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