Dewey & LeBoeuf’s Richest Partners To Pay $90M Lawsuit Settlement
by The Compliance Exchange on July 27, 2012
The cost of immunity from lawsuits in the biggest law firm bankruptcy in U.S. history just went up for some of the richest and most powerful former partners from Dewey & LeBoeuf LLP.
On Thursday the team shutting down the firm briefed hundreds of former partners on a new, $90.4 million settlement plan intended to get ex-partners to fork over some of the cash they were paid in 2011 and 2012 as Dewey headed toward bankruptcy.
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