Thursday, October 4, 2012

No Decision on Dewey Settlement Proposal Until Next Week

At a hearing Thursday, the bankruptcy judge overseeing the Dewey & LeBoeuf Chapter 11 case approved the defunct firm's request to pay bonuses to two current employees and said he hopes to rule by Tuesday or Wednesday on a plan under which former partners would repay the Dewey estate a total of $71.5 million.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.americanlawyer.com/PubArticleALD.jsp?id=1202573798473&rss=newswire

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