Dewey & LeBoeuf pension plans seized; faces lawsuit

Thu, 05/10/2012 - 20:37 EDT - Yahoo! Business News

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NEW YORK (Reuters) - Regulators moved on Thursday to seize control of pension plans at Dewey & LeBoeuf, the latest sign of likely collapse at what was once a top U.S. law firm. Dewey also faced its first lawsuit over plans to fire hundreds of employees. The Pension Benefit Guaranty Corporation said it would take responsibility for three pension plans covering 1,800 current and future retirees. The plans were underfunded by $80 million, it said. Angelo Kakolyris, a spokesman for Dewey, declined to comment. Dewey has been struggling for weeks with partner defections and debt. ...

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Dewey & LeBoeuf pension plans seized; faces lawsuit
NEW YORK (Reuters) - Regulators moved on Thursday to seize control of pension plans at Dewey & LeBoeuf, the latest sign of likely collapse at what was once a top U.S. law firm.
Dewey & LeBoeuf pension plans seized; faces lawsuit
Regulators moved on Thursday to seize control of pension plans at Dewey & LeBoeuf, the latest sign of likely collapse at what was once a top U.S. law firm. Dewey also faced its first lawsuit over plans ...
Law firm Dewey & LeBoeuf loses 5 more partners
(Reuters) - Five more partners have left Dewey & LeBoeuf, the s
Law firm Dewey & LeBoeuf loses 5 more partners
(Reuters) - Five more partners have left Dewey & LeBoeuf, the s
Law firm Dewey warns of possible closure
NEW YORK (Reuters) - Law firm Dewey & LeBoeuf notified attorneys and st
More Dewey rainmakers leave for other firms
(Reuters) - More top rainmakers at law firm Dewey & LeBoeuf decamped for ne
Key partner at law firm Dewey defects to rival
NEW YORK (Reuters) - A key mergers and acquisitions partner at De
Dewey employee sues over layoff notice
(Reute
Law firm Dewey & LeBoeuf loses 5 more partners
Five more partners have left Dewey & LeBoeuf, the struggling U.S. law firm coping with partner defections, high debt and a criminal investigation of its former chairman. The latest defections include Ira ...
Greenberg says it discussed hiring Dewey lawyers
(Reuters) - Law firm Greenberg Traurig LLP on Friday said it has had "preliminary discussions" about hiring lawyers from Dewey & LeBoeuf LLP, which is struggling amid high debt and a raft of partner defections. Greenberg said in a statement it has had talks "relating to" Dewey lawyers, but has made "no commitments" and has "not reached agreements" about whether to hire those lawyers. Dewey is saddled with large debts, including a roughly $125 million bond, and may be considering a possible prepackaged bankruptcy that could include a merger with another law firm, according to news reports. ...

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Dewey & LeBoeuf pension plans seized; faces lawsuit

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