Unsecured Dewey Creditors Want Ex-Partners Committee Gone

Law360, New York (October 31, 2012, 5:00 PM EDT) -- The official committee of unsecured creditors on Tuesday joined Dewey & LeBoeuf LLP in asking a New York bankruptcy judge to dissolve the official committee of former partners in the case, arguing its continued existence is too expensive as well as unnecessary.

The unsecured creditors committee claims the former partners committee is dedicated to promoting the interests of a subset of its intended constituents — Dewey retirees — as opposed to former partners, and is not even essential to to properly represent those interests.

Moreover, to...
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