October 04, 2012
The highly anticipated fate of Dewey & LeBoeuf LLP's $71.5 million clawback deal with former partners, which has hung in the balance for two weeks, should be decided by Tuesday, the New York bankruptcy judge overseeing the case said Thursday.
October 03, 2012
Ending a battle before it began, bankrupt Dewey & LeBoeuf LLP quietly withdrew a plan Tuesday to pay its finance director a $165,000 bonus that had rankled former partners and the U.S. trustee and had promised to be a point of contention at a Thursday hearing.
September 28, 2012
The U.S. trustee and the official committee of former Dewey & LeBoeuf LLP partners objected Thursday to the bankrupt firm's plan to pay bonuses to certain key employees in its winding down, taking issue with a proposed $165,000 bonus for its director of finance.
September 21, 2012
A New York federal bankruptcy judge on Friday kept Dewey & LeBoeuf LLP, attorneys formerly with the firm and creditors in suspense after he held off approving or rejecting a proposed $71.5 million clawback deal with onetime partners.
September 20, 2012
Dewey & LeBoeuf LLP, its former partners and creditors will have to sweat it out for another day before gaining approval of the firm's proposed $70 million clawback deal with former partners, after a New York bankruptcy judge on Thursday pushed back a ruling on the deal.
September 19, 2012
Dewey & LeBoeuf LLP shot back Wednesday at a number of objections to its proposed $71 million clawback deal with former partners, saying only two of them are bona fide objections and that they don't stand up under scrutiny.
September 18, 2012
JPMorgan Chase Bank NA on Tuesday threw its support behind Dewey & LeBoeuf LLP's proposed $71 million clawback deal with ex-partners, saying certain former partners' objections were merely attempts to frustrate the Chapter 11 plan process and should be overruled.
September 14, 2012
Amid a flurry of filings ahead of next week's hearing over Dewey & LeBoeuf LLP's $71 million partner contribution plan, the bankrupt firm's former chairman and others on Thursday claimed elements of the proposed deal were "substantially and unjustifiably" prejudiced against them.
August 31, 2012
Dewey & LeBoeuf LLP on Wednesday asked a New York bankruptcy judge to grant it four more months to file a Chapter 11 plan, citing its work on its $70 million partner contribution plan and a retiree group's recent bid for a trustee.
August 29, 2012
Dewey & LeBoeuf LLP pressed a New York bankruptcy judge Wednesday to approve a settlement worth over $70 million that would shield former attorneys from potential clawback litigation, arguing that implementing the plan would avoid years of costly litigation and millions of dollars in administrative expenses.