Dewey Says $40M Collected From Clients Since Ch. 11

Law360, New York (August 22, 2012, 1:45 PM ET) -- 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. 

In an operating report filed in Dewey’s bankruptcy, the firm said that it had an operating income of $16.3 million for the month of July, adding that in addition to settling client bills, it sold some equipment and furniture in conjunction with vacating its Frankfurt office.

But Dewey...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required