Dewey Execs' Criminal Charges To Bolster Clawback Efforts

Law360, New York (March 6, 2014, 7:59 PM EST) -- Thursday’s criminal charges against the former top brass of the now-defunct Dewey & LeBoeuf LLP are music to the ears of parties bent on clawing back certain executives’ compensation and pursuing new claims related to Dewey’s spectacular downfall, experts say.

The liquidation trust set up under the firm’s bankruptcy proceeding, charged with recovering as much as possible from potentially fraudulent transactions that occurred before the firm officially went under, sued in November two of the executives who were targeted by prosecutors Thursday. 

Former Dewey Executive Director...
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