Dewey Backs Off Contentious Exec Bonus Plan

Law360, New York (October 3, 2012, 6:08 PM EDT) -- Ending a battle before it began, bankrupt Dewey & LeBoeuf LLP quietly withdrew a plan Tuesday to pay its finance director a $165,000 bonus that had rankled former partners and the U.S. trustee and had promised to be a point of contention at a Thursday hearing.

The move, which came as a one-sentence status update on a proposed agenda item ahead of the hearing on the contested motion for authorization to pay bonuses to certain employees key to the firm's winding down, means the debtor is...
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.