A number of former Dewey & LeBoeuf UK partners are set to reject the settlement plan put forward by the defunct firm’s wind-down committee last week (12 July). The so-called 'partner contribution plan’, which is set to see partners asked to pay between $25,000 (£16,000) and $3m (£1.9m) into the bankrupt firm's estate to generate a total of $103.6m (£66m), would absolve former partners of any future liability in relation to the firm.
July 18, 2012 at 09:46 AM
1 minute read
The original version of this story was published on Legalweek
A number of former Dewey & LeBoeuf UK partners are set to reject the settlement plan put forward by the defunct firm’s wind-down committee last week (12 July).
The so-called ‘partner contribution plan’ – which is set to see partners asked to pay between $25,000 (£16,000) and $3m (£1.9m) into the bankrupt firm’s estate to generate a total of $103.6m (£66m) – would absolve former partners of any future liability in relation to the firm.
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