Bankruptcy Law

Dewey & LeBoeuf Files for Bankruptcy, Blaming Recession and Firm’s Expansion – Yahoo Finance

Global law firm Dewey & LeBoeuf has filed for bankruptcy in New York, saying its formation during the economic downturn and its super-fast expansion ultimately led to its demise. At the time of the Chapter 11 filing, Dewey & LeBoeuf … Continue reading

Dewey Unsecured Creditors May Find the Cupboard Is Bare – Bloomberg

Dewey & LeBoeuf LLP’s unsecured creditors, meeting today in Manhattan to form a committee to represent their interests, may find the defunct law firm has nothing left to pay them. Dewey’s Memorial Day bankruptcy filing disclosed $225 million …

Bankruptcy Judge Says Hawker Can Keep Borrowing On $400 Million Loan – NASDAQ

Judge Stuart Bernstein of U.S. Bankruptcy Court in Manhattan approved modifications … to Hawker’s lenders as part of the LBO can be challenged under bankruptcy law. In bankruptcy proceedings, creditors can sue to unwind certain transactions …

Dewey’s New Life as Bankrupt Debtor Kicks Off – Wall Street Journal

The drama at failed New York law firm Dewey & LeBoeuf LLP has shifted into bankruptcy mode, with plenty of fodder for insolvency wonks from court filings and appearances. On Tuesday the action kicked off in a packed courtroom in … Continue reading

Dewey LLP files for bankruptcy dewey – Pittsburgh Post-Gazette

Dewey & LeBoeuf LLP, the law firm that advised Los Angeles Dodgers LLC on restructuring, filed for bankruptcy after its chairman was ousted and almost all partners quit as creditors began suing for unpaid bills. Dewey, based in New York, … Continue reading

Large N.Y. firm files for bankruptcy – Legal News Line

NEW YORK (Legal Newsline) – One of the nation’s largest law firms filed for bankruptcy Monday. Dewey & LeBoeuf LLP, of New York City, is a global law firm that was formed in 2007 with the merger of two longtime … Continue reading

Firm that represented Frank McCourt in bankruptcy goes bankrupt – Los Angeles Times

News has come from back east that the law firm of Dewey & LeBoeuf is filing for bankruptcy. Besides the little detail that this is the largest law firm to go under in U.S. history, there is this one other … Continue reading

The Daily Docket: Court Affirms Credit Bidding – Wall Street Journal

The tapes surfaced during a bankruptcy involving the lawyer’s now-defunct law firm, which represented Watson. LightSquared Inc. may have filed for bankruptcy and let go of nearly half its workforce, but it’s keeping its lobbyists …

Bankruptcy does offer a fresh start, at a high cost – CreditCards.com

It makes NO SENSE to try to get more money out of a guy who’s lost almost everything. The new bankruptcy law is trying to push people to new limits. The profit the credit grantors make is obscene. I hope … Continue reading

Dewey & LeBoeuf LLP Files for Chapter 11 Protection; Seeks Orderly Wind-Down of Business – Arlington Heights Daily Herald

The firm has petitioned the Court for permission to continue to pay salaries, benefits and Paid Time Off (PTO) in the ordinary course of business, for current employees, consistent with bankruptcy laws. We expect this permission to be granted …