The judge overseeing the Dewey & LeBoeuf bankruptcy ruled Thursday that the defunct firm’s unsecured creditors can try to recoup some of the millions they are owed by suing a trio of former Dewey leaders.
How much such litigation might ultimately yield remains an open question, though, because it is unclear whether a $50 million management policy taken out by Dewey will cover claims brought against former chairman Steven Davis, former executive director Stephen DiCarmine, and former chief executive officer Joel Sanders.
