Advisers Give Dewey & LeBoeuf $23.6 million Tab

Various financial, restructuring, and legal advisers submitted final fee requests totaling $23.6 million in the bankruptcy case of the now defunct New York City based law firm, Dewey & LeBoeuf, L.L.P.  The fee requests relate to charges incurred from the time the firm filed bankruptcy and the time the firms Chapter 11 plan of reorganization takes effect.  Dewey’s primary bankruptcy counsel, Togut, Segal, & Segal submitted the largest fee request, $8.9 million.  Objections to the requests are due at the end of the month, and a hearing before U.S. Bankruptcy Judge Martin Glenn is scheduled for June 20th, although many of the requests have been approved by Judge Glenn.
Advisers had previously sought payment for items such as taxi rides and expensive hotel stays prompting Glenn to state, ” Take the subway, take the bus…”

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