Dewey wind-down team makes new settlement appeal to ex-partners
The team overseeing Dewey & LeBoeuf's wind-down has offered the defunct firm's ex-partners a number of incentives to sign up to the proposed $90.4m (£57.9m) settlement in an effort to win more support for the plan, reports The Am Law Daily. The latest revision to the so-called 'partner contribution plan' came a day after a group of retired LeBoeuf Lamb Greene & MacRae partners as well as spouses of deceased retirees asked Manhattan bankruptcy court judge Martin Glenn to put Dewey's Chapter 11 bankruptcy in the hands of either a trustee or an independent examiner to ensure the fairness of the proceedings.
The team overseeing Dewey & LeBoeuf’s wind-down has offered the defunct firm’s ex-partners a number of incentives to sign up to the proposed $90.4m (£57.9m) settlement in an effort to win more support for the plan, reports The Am Law Daily.
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