Bankrupt law firm Dewey & LeBoeuf’s own partners reportedly tipped off the press that its ousted chairman was facing a criminal probe.Ex-firm leader Charles Landgraf told the Washington Post on Sunday that Dewey’s own partners — not the Manhattan district attorney’s office — sought press attention on a criminal investigation into ex-chairman Steven Davis.
“Unfortunately, it is probably no coincidence that on the that weekend following the Friday press reports of the criminal investigation,” Landgraf said in an interview with the Washington Post, “all realistic hope of a large-scale combination with other law firms effectively ended.”
Once-gigantic law firm Dewey filed for bankruptcy in May, following a wave of partner defections amid scepticism over the firm’s financial state and the probe against Davis.
Now the firms that circled the dying Dewey and snapped up its talented partners could face lawsuits from the bankruptcy estate, the Wall Street Journal reported.
Dewey could file suit claiming its ex-partners brought unfinished legal business to their new firms, and that the bankrupt firm deserves the profits from that unfinished business.
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