Hostess Told it Can Begin Liquidation Process
The company that bakes Twinkies, Hostess Brands Inc., won its court approval to begin shutting down its operations across the…
bankruptcy
Kodak Finds Financers to Bail it out of Chapter 11
On Monday, Eastman Kodak Co said that it has reached a deal with a group of financers including Centerbridge Partners,…
Dewey’s Clawback Plan’s Deadline Again Postponed
Dewey's clawback immunity plan has been troubled from the start. The first time it was proposed to former partners, it…
Dewey Revamps Their Partner Contribution Plan, Expecting More From Leaders and Less From Other Partners
Dewey’s “partnership contribution plan,” which attempted to garner $103.6 from former partners in exchange for immunity to clawbacks, has failed…
Dewey’s Clawback Immunity Plan is Delayed and Modified
One of Dewey & LeBoeuf's bankruptcy plans was to get partners to pay back some of the money they made…
Dewey Makes $700K Bonus Plan, U.S. Trustee Shoots it Down
Nobody said bankruptcy is easy, but when you’re one of America’s largest law firms you can expect it will go…
Dewey Fights U.S. Trustee for Right to its Advisers
Dewey and LeBoeuf are set for an intense Monday in which they tackle many of the thick grilling details of…
Dewey Clawbacks Begin
The clawbacks have begun. Just last week the Dewey mortuary team conference called the former partners about getting enough of…
Dewey Partners Called to Make Quick Settlement to Avoid Clawback
Dewey & LeBoeuf are winding down after their six months of partner defections, their "we're not going to have a…
Judge Changes Mind and Okays Dewey to Tap Their Collateral
The judge overseeing Dewey & LeBoeuf's epic bankruptcy -- the all-time largest law firm collapse -- has changed his mind…
Dewey Files Chapter 11; Judge Denies Request to Tap Their Collateral
Well it was a long time coming, but Dewey & LeBoeuf have succumbed to what many have called inevitable: listing…
Dewey’s Creditors Sell the Debt
Dewey & LeBoeuf is still about 200 strong, but just as many of its top partners are moving on, so…