Dewey Faces Tough Battle For Creditor Recovery

Law360, New York (May 29, 2012, 12:00 AM EDT) -- Now that Dewey & LeBoeuf LLP has taken the critical step of filing a Chapter 11 petition, the firm faces the challenge of recovering as much money as possible for creditors in the tricky scenario of a law firm bankruptcy, where the assets are most often the people who have long abandoned ship, experts said.

Following the defection of more than half its partners, debt-ridden Dewey & LeBoeuf LLP filed for bankruptcy Monday night in Manhattan bankruptcy court, listing debts of $245 million and assets of...
To view the full article, register now.



Case Information

Case Title

Dewey & LeBoeuf LLP

Case Number



New York Southern

Nature of Suit

Date Filed

May 28, 2012

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.