Winding up Dewey: claims and complications
These things are never simple. Dewey & LeBoeuf's bankruptcy filing on 28 May leaves its wind-down committee with the challenge of managing a hugely complex insolvency while attempting to avoid the drawn-out, expensive proceedings that have bedevilled previous law firm insolvencies such as Brobeck Phleger & Harrison and Coudert Brothers.
Creditors can expect a lengthy and litigious process to liquidate Dewey’s assets, Friederike Heine reports
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