When those guiding Dewey & LeBoeuf through Chapter 11 first unveiled the plan calling for all former partners who received cash payments from the firm between 2011 and 2012 to repay the bankrupt estate based on a sliding scale in exchange for a waiver from any Dewey-related liability, the response was not entirely positive.
Among the main complaints about the so-called partnership contribution plan distributed on July 11: that Dewey’s former leaders who were presumably in a position to halt the firm’s collapse were not being asked to repay the estate more based on their status.
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