Giving a group of retired Dewey & LeBoeuf partners an official role in the defunct firm’s Chapter 11 bankruptcy was a “misstep” that needs to be corrected, according to attorneys representing the Dewey estate.
In a court filing made Wednesday, lead Dewey bankruptcy lawyer Albert Togut lists five specific reasons why the four-member official committee of former partners appointed by the U.S. trustee’s office in late May should be disbanded. Togut says the group’s interests can still be represented via an official unsecured creditors committee working on behalf of all such creditors in the bankruptcy, as well as by a 50-member ad hoc group of retirees from legacy firm LeBoeuf, Lamb, Greene & MacRae that formed to protect benefits owed under a pension plan tied to that firm.
