Deals
Dewey Asks to Pay Bankruptcy Lawyers as Much as $935 an Hour
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Bankrupt Dewey & LeBoeuf LLP asked a judge to approve payments at customary rates of as much as $935 an hour for partners of its lead law firm, Togut Segal & Segal LLP.
Dewey, which failed on May 28 owing more than $225 million to secured lenders, is seeking to hire at least nine firms to assist with the liquidation, according to federal court filings in Manhattan.