Dewey Creditors Throw Their Weight Behind Ch. 11 Plan

Law360, New York (February 22, 2013, 4:33 PM EST) -- Dewey & LeBoeuf LLP creditors on Thursday made their support for the fallen firm’s Chapter 11 liquidation plan official, calling on the judge overseeing the bankruptcy to cast aside remaining objections and approve the plan at an upcoming hearing.

The official committee of unsecured creditors said in a statement filed with the court that the plan, proposed in November, should be confirmed because it can be put into effect in a reasonable time frame, provides some recovery to unsecured creditors and is preferable to any other...
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