Dewey paid executive partner $190,000 after bankruptcy filing

The bankrupt firm has collected $19.3 million from clients, and paid $5.7 million in expenses

A bankruptcy trustee recently rejected Dewey & LeBoeuf’s proposal to pay remaining workers up to $700,000 in bonuses, but that hasn’t stopped the bankrupt firm from shelling out for several high-level employees.

Since filing for Chapter 11 bankruptcy on May 28, Dewey has paid $190,000 to executive partner Stephen Horvath, who is supervising the bankrupt firm’s wind-down. According to a court filing Friday, the payment compensates Horvath for work done between the bankruptcy filing and the end of June (an annual rate of nearly $2 million). He also was reimbursed for $23,563 in expenses.

Alanna Byrne

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