Less than a week after a group of retired Dewey & LeBoeuf partners appeared to pave the way for the swift approval of the defunct firm’s proposed Chapter 11 liquidation plan by settling a dispute with the Dewey estate, fresh resistance to a key component of that plan has emerged in the form of objections raised by six former Dewey partners.
In a series of filings made ahead of a Feb. 13 deadline, the former partners in questiontwo individuals and a pair of two-person teamsargue that U.S. Bankruptcy Judge Martin Glenn (See Profile) should not approve the Chapter 11 plan, which serves as a blueprint for how the Dewey estate expects to dispose of its assets in order to pay off creditors who say they are owed a combined total of some $600 million.
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