Law Practice
Sep. 25, 2012
Dewey judge at a crossroads
The judge overseeing the Dewey & LeBoeuf LLP bankruptcy must consider whether to approve a partner settlement plan and whether to let the estate oversee its own dissolution.
Daily Journal Staff Writer
U.S. Bankruptcy Judge Martin Glenn is facing two crucial, linked decisions that will determine the future of the Dewey & LeBoeuf LLP bankruptcy.
He must first consider a partner settlement proposal by the Dewey estate in its attempt to facilitate its own dissolution. If the judge rejects the settlement, he must then weigh whether to keep the dissolution in the estate's hands or to hand proceeding...
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