Trustee, Ex-Dewey Partners Object To Bonus Plan

Law360, New York (September 28, 2012, 4:28 PM EDT) -- The U.S. trustee and the official committee of former Dewey & LeBoeuf LLP partners objected Thursday to the bankrupt firm's plan to pay bonuses to certain key employees in its winding down, taking issue with a proposed $165,000 bonus for its director of finance.

U.S. Trustee Tracy Hope Davis and the former partners committee are fighting Dewey's request to pay the bonuses in the ordinary course of business, saying the proposed bonus for finance director Francis Canellas does constitute such a payment and thus requires bankruptcy...
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

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.