Property Group Partners
After nearly five full months of taking blow after blow, apparently it was time to throw in the towel. Reeling New York law firm Dewey & LeBoeuf finally filed for Chapter 11 bankruptcy protection last night in Manhattan federal bankruptcy court.
It appears as though Dewey & LeBoeuf’s hiring of bankruptcy counsel Albert Togut in April really was foreshadowing for a final filing. Despite many assertions to the contrary by firm leadership, of which all save for one already has jumped ship, the Wall Street Journal reported Friday that the New...