Wednesday, May 30, 2012

DEWEY BANKRUPTCY First Day Orders

The bankruptcy of Dewey LeBoeuf was the largest law firm bankruptcy in US history.
Albert Togut gave an eloquent opening statement to the Judge Martin Glenn (who also handled the MF Global bankruptcy).



However the judge did not approve the cash collateral order and the lawyers were told to either return the following day with issues resolved or on Friday morning for a hearing.

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