$19M Dewey Budget OK’d As It Seeks Deal With Partners

Law360, New York (June 13, 2012, 8:00 PM EDT) -- A New York bankruptcy judge on Wednesday granted bankrupt law firm Dewey & LeBoeuf LLP’s motion for a final cash collateral order, approving a budget of up to $18.8 million to carry the debtor through July 31 as it pursues a settlement with ex-partners.

U.S. Bankruptcy Judge Martin Glenn approved the motion, which the debtor said it needs to continue with its wind-down process over the next six weeks, though he noted that the dying firm, its counsel and other constituencies have a great deal to...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Dewey & LeBoeuf LLP


Case Number

1:12-bk-12321

Court

New York Southern

Nature of Suit

Date Filed

May 28, 2012

Law Firms

Companies

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.