Dewey & LeBoeuf, Retired Partners Ink Clawback Deal

Law360, New York (February 8, 2013, 6:07 PM EST) -- The bankruptcy trustee overseeing Dewey & LeBoeuf LLP's liquidation has reached a settlement with two groups of retired partners who opposed a $71.5 million partner contribution plan, agreeing to return some retirement benefits and pay they received before the firm's 2012 collapse. 

Trustee Albert Togut said the former partners committee, or FPC, and the retired partners ad hoc committee, or AHC, have agreed that each group member will pay either $5,000 or 25 percent of payments received from Dewey in 2011 and 2012, whichever amount is...
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