Deadline For $90M Dewey Clawback Deal Extended

Law360, New York (August 6, 2012, 8:41 PM EDT) -- 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.

The Dewey estate pushed the deadline — which had already been extended from July 24 to Aug. 7 — to Aug. 13, according to sources familiar with the matter.

The Dewey estate has offered more than 700 partners, including almost 400 who left before January 2011, an opportunity to...
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