Dewey & LeBoeuf LLP

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Case overview

Case Number:

1:12-bk-12321

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

August 22, 2012
Dewey Says $40M Collected From Clients Since Ch. 11

Dewey & LeBoeuf LLP has collected nearly $40 million in attorneys' fees from former clients since filing for bankruptcy almost three months ago, with more than $20.6 million raised in July alone, according to a report filed Tuesday.
August 17, 2012
Ex-Dewey Partners Commit $70M To Clawback Deal

Dewey & LeBoeuf LLP's bankruptcy restructuring team has secured more than $70 million from former partners in a proposed $90.4 million settlement deal that would shield attorneys from potential clawback litigation, according to an update sent to partners Friday.
August 16, 2012
Dewey Partners Scramble Over $50M Bar For Clawback Deal

Hours before a 5 p.m. deadline, more than 300 former partners of bankrupt Dewey & LeBoeuf LLP on Thursday agreed to pay more than $50 million of a proposed $90.4 million settlement deal that would shield attorneys from potential clawback litigation, meeting the threshold the firm said it needed to seek court approval.
August 15, 2012
Dewey Gets 6-Week Cash Extension To Aid Ex-Partner Deal

A New York bankruptcy judge on Wednesday granted Dewey & LeBoeuf LLP another extension on a cash lifeline used to sustain operations, giving the collapsed firm more than six weeks to assemble a critical settlement with former partners.
August 14, 2012
Deadline For Updated $90M Dewey Clawback Deal Extended

Bankrupt Dewey & LeBoeuf LLP will give partners until Thursday to approve an updated $90.4 million settlement deal that includes broader language shielding partners from potential clawback litigation, sources familiar with the matter said Tuesday.
August 09, 2012
Dewey Sweetens $90.4M Retiree Settlement Pitch

In an effort to obtain former partners' approval for a proposed $90.4 million settlement deal that would shield partners from potential clawback litigation, bankrupt Dewey & LeBoeuf LLP sweetened the deal Thursday, following a move by the firm's retirees to get an independent trustee appointed.
August 06, 2012
Deadline For $90M Dewey Clawback Deal Extended

The Dewey & LeBoeuf LLP trustee on Monday extended the deadline for partners to agree to a proposed $90.4 million settlement that would resolve potential clawback litigation, as the details of the deal continue to be debated.
July 31, 2012
Dewey Floated 2-Week Cash Lifeline To Aid Ex-Partner Deal

A New York bankruptcy judge on Tuesday granted Dewey & LeBoeuf LLP a cash lifeline to sustain the cratered law firm for two more weeks as it attempts to cobble together a critical settlement with former partners.
July 30, 2012
Bankruptcy Judge Approves Dewey's Employee Bonus Plan

A New York bankruptcy judge on Monday partially granted a request by collapsed law firm Dewey & LeBoeuf LLP to pay out bonuses to its remaining employees under key employee retention and incentive plans.
July 26, 2012
Dewey Offers New $90M Clawback Deal To Ex-Partners

Bankrupt Dewey & LeBoeuf LLP on Thursday reportedly lowered the clawback litigation settlement offer to former partners from $104 million to $90 million and increased the burden on top earners and former Dewey leaders.

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