The Dewey & LeBoeuf estate has begun to try to whittle away some of the thousands of claims asserted by aggrieved creditors hoping to recover at least a portion of what they say Dewey owes them.
To date, more than 2,100 proofs of claim have been filed against Dewey, which became the largest law firm in U.S. history to fail when it filed for Chapter 11 bankruptcy protection on May 28. Those submitting the claimswhich range from a low of $10 up to several million dollarsinclude vendors, former firm staffers, and landlords. Deweys advisers have said they believe that all told, the estate owes creditors $260 million in secured debt and $300 million $500 million more in unsecured claims.