Dewey & Leboeuf Warns Of New Cuts, Closing

Embattled New York law firm Dewey & LeBoeuf warned its employees on Friday that they could soon lose their jobs and the firm may shut its doors, diminishing hopes that the once-storied institution will survive.

Topics:  embattled new york   dewey    leboeuf   firm   
BING NEWS:
  • Four indicted in U.S. for fraud in Dewey & LeBoeuf collapse
    NEW YORK (Reuters) - Less than a month after writing that he did not want to "cook the books anymore," but facing a deadline to show lenders that Dewey & LeBoeuf had enough cash ... was a schedule of proposed cost cuts that was labeled "Accounting Tricks ...
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  • Former Dewey Chairman Heads to Legal Post in United Arab Emirates
    Don’t look for former Dewey & LeBoeuf LLP chairman Steven Davis at the Times Square ball drop on Tuesday night. While other New York legal eagles—most prominently U.S. Supreme Court Justice Sonia Sotomayor—plan to ring in the New Year on their home ...
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  • Bankrupt Dewey’s Bonus, Retention Plan Faulted by Trustee
    Dewey & LeBoeuf LLP was assailed by the U.S. trustee who supervises bankruptcies over bonus and retention plans that she said may not be cost effective or economically feasible for a liquidating law firm. Dewey, which owes secured lenders more than $225 ...
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  • Dewey warns employees that firm could shut down
    Signs are now solidly pointing toward the end for New York law firm Dewey & LeBoeuf. Dewey issued advance notice to its employees under the Federal Worker Adjustment Retraining and Notification Act (WARN) last Friday that they may soon lose their jobs if ...
    05/6/2012 - 1:00 pm | View Link
  • Dewey Warns of Closing
    In a notice sent to Dewey's employees, the firm said: "As you are undoubtedly aware, Dewey & LeBoeuf LLP has unexpectedly experienced a period of extraordinary difficulties in the last few days." "Although we continue to pursue various avenues, it is ...
    05/6/2012 - 6:14 am | View Link
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