Consultant: Crisis of Confidence in Leadership Sunk Dewey & LeBoeuf

more+
less-
May 31 (Bloomberg Law) -- Kent Zimmermann, consultant at the Zeughauser Group, and Bill Rochelle from Bloomberg News talk with Bloomberg Law's Lee Pacchia about law firm Dewey & LeBoeuf's bankruptcy filing in the Southern District of New York. Kent believes Dewey's bankruptcy case will be prolonged and messy. Bill says that former Dewey partners will probably be sued for fraudulent transfers. In addition, Bill expects the Dewey case to be influenced by a recent decision in the Coudert Brothers bankruptcy case stating that departing See more +
May 31 (Bloomberg Law) -- Kent Zimmermann, consultant at the Zeughauser Group, and Bill Rochelle from Bloomberg News talk with Bloomberg Law's Lee Pacchia about law firm Dewey & LeBoeuf's bankruptcy filing in the Southern District of New York. Kent believes Dewey's bankruptcy case will be prolonged and messy. Bill says that former Dewey partners will probably be sued for fraudulent transfers. In addition, Bill expects the Dewey case to be influenced by a recent decision in the Coudert Brothers bankruptcy case stating that departing partners need to pay the profit on work they take with them to their old firm. See less -

Embed Video

Copy

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Bloomberg Law | Attorney Advertising

Written by:

more+
less-

Bloomberg Law on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×