Dewey, Coudert, Jenner, Mitchell Silberberg: Business of Law
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Dewey & LeBoeuf LLP sought Chapter 11 protection yesterday, listing debt of $245 million and assets of $193 million in a filing U.S. Bankruptcy Court in Manhattan.
The New York-based firm, which had more than 1,300 attorneys in 12 countries after the 2007 merger of Dewey Ballantine LLP and LeBoeuf, Lamb, Greene & McRae LLP, now has 150 employees in the U.S. to wind it down, Jonathan A. Mitchell, the firm’s restructuring officer, said in the filing. Dewey will be liquidated, he said.