Dewey crusades for quick clawback settlement

Former partners grumble as the bankrupt firm looks to recoup money owed to copious creditors

The hits keep coming for disgruntled former partners of the soon-to-be-defunct New York law firm Dewey & LeBoeuf. The firm’s bankruptcy team reportedly will present its former partners, whose earnings are subject to clawbacks, with an outline for how to settle claims with more than 5,000 creditors anxious to draw the remaining blood from the stone. The plan seeks to settle all of those claims in the next two weeks.

The firm finally announced that it had filed for bankruptcy on May 28 after months of assertions to the contrary.

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