Bankruptcy
Jun. 3, 2013
Judge approves Dewey estate's settlement with former chairman, insurer
A bankruptcy judge approved a settlement Thursday between the Dewey & LeBoeuf LLP estate, the firm's former chairman, Steven H. Davis, and XL Specialty Insurance Corp., the former firm's primary insurer.
By Joshua Sebold
Daily Journal Staff Writer
A bankruptcy judge approved a settlement Thursday between the Dewey & LeBoeuf LLP estate, the firm's former chairman, Steven H. Davis, and XL Specialty Insurance Corp., the former firm's primary insurer.
The settlement agreement calls for a $19 million payment to the liquidation trust by XL to cover all mismanagement claims against parties covered by the company's policy, including Davis, and an additional $511,145 from Davi...
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