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Less than 24 hours after Dewey & LeBoeuf became the largest law firm in U.S. history to seek bankruptcy protection, a judge rebuffed the Dewey estate's request to use cash collateral held by primary secured creditor JPMorgan Chase to fund the work of those responsible for winding down the firm's remaining operations. Meanwhile, the now defunct firm's holdout stakeholders continue to find new homes, while a group of former Dewey partners circles the wagons against any possible claims by the estate. Also see: Dewey's Lobbying Team Packs It In and Cause of Dewey's Death More Complex Than Greed
A federal judge has notified Robbins Geller partners Joy Bull and John Grant that he intends to sanction them and their firm by formal admonition or worse for claiming unreasonable expenses related to a securities class action, including first-class airfare and a lavish dinner that included two $70 bottles of wine.
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