Dewey Agrees To Scrap Pension Plans In Deal With PBGC

Law360, New York (June 14, 2012, 1:54 PM EDT) -- Bankrupt Dewey & LeBoeuf LLP agreed Wednesday to terminate its retirement plans in a settlement in New York federal court with the Pension Benefit Guaranty Corp., which had claimed the plans were underfunded by more than $80 million.

U.S. District Judge Jesse M. Furman filed a consent order terminating the three plans Wednesday evening, shortly after PBGC announced that it had resolved its May 14 lawsuit against Dewey on a consensual basis.

“It is hereby ordered that the Dewey & LeBoeuf LLP pension plan, the Dewey...
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Case Information

Case Title

Pension Benefit Guaranty Corporation v. Dewey & LeBoeuf LLP


Case Number

1:12-cv-03833

Court

New York Southern

Nature of Suit

Labor: E.R.I.S.A.

Judge

Jesse M. Furman

Date Filed

May 13, 2012

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