In a rash of filings on Sept. 13 made before a late-afternoon deadline, several parties connected to Dewey & LeBoeuf came out either for or against a proposed settlement plan that would collect $71 million from ex-Dewey partners in exchange for a release from Dewey-related liability.
Those opposed to the plan include an ad hoc committee of retired partners from Dewey predecessor firm LeBoeuf, Lamb, Greene & MacRae and an official committee of retirees created by the U.S. Trustee’s Office as part of the Chapter 11 proceedings. Both groups have previously expressed concerns about the fairness of the proposed settlement and have asked U.S. bankruptcy court Judge Martin Glenn to appoint a neutral third party to oversee the case so that all parties are treated equitably.
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