Dewey Scores Judge's OK For Liquidation Plan

Law360, New York (February 27, 2013, 1:23 PM EST) -- Nine months after its fall into Chapter 11 bankruptcy, Dewey & LeBoeuf LLP on Wednesday secured a New York bankruptcy judge’s approval of its liquidation plan, enabling the once-powerful firm to begin paying back its lenders.

Appearing before U.S. Bankruptcy Judge Martin Glenn with a smile on his face, Al Togut of Togut Segal & Segal LLP, who represents Dewey, informed the court that the few remaining objections had been resolved in the last 24 hours, giving the plan an unobstructed path to confirmation.

“The court...
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