Dewey Trustee Hits Former Partner With $4M Clawback Suit

Law360, New York (November 18, 2013, 6:52 PM EST) -- Dewey & LeBoeuf LLP’s trustee hit former equity partner William C. Marcoux with a $4.2 million adversary complaint in New York bankruptcy court Friday, alleging that even after the firm's insolvency, Marcoux was paid distributions based on purported profits.

In a complaint filed in the Southern District of New York, Alan M. Jacobs, the liquidating trustee of the Dewey & LeBoeuf liquidation trust, accuses Marcoux of breaching his partnership agreement with the bankrupt firm, which provided that equity partner compensation was based on the profitability of...
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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

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