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Law Practice

Sep. 1, 2012

Dewey touts partner settlement to bankruptcy judge

The bankruptcy lawyer representing the Dewey & LeBouef LLP estate wants the court to green light a $71 million partnership settlement plan that has the backing of the estate, creditors and more than 400 former partners.


By Kevin Lee


Daily Journal Staff Writer


Four hundred former Dewey & LeBoeuf LLP partners have committed to pay $71 million to the bankrupt firm's estate as part of a settlement to help pay off creditors and pave the way toward an orderly dissolution, according to a court filing submitted Wednesday by the Dewey estate's lead bankruptcy lawyer.


Albert Togut of Togut, Segal & Segal LLP in New York wrote for the estate that the se...

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