Former Dewey Partners File Claims Against Bankrupt Estate
If the judge overseeing the Dewey & LeBoeuf bankruptcy approves a proposed settlement under which former partners would return a total of $71.5 million to the defunct firm's estate, the lawyers who have agreed to participate in the deal know it will be virtually impossible for them to later claim Dewey owes them any money.
If, on the other hand, the settlement proposal fails to win the judge's consent, court filings show that those partners are ready to join the rest of the firm's unsecured creditors in pressing the Dewey estate to pay them what they believe they are owed.
This article has been archived, and is no longer available on this website.
Not a LexisNexis® Subscriber?
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
For questions call 1-877-256-2472 or contact us at email@example.com