Greenberg in Discussions to Hire Dewey & LeBoeuf Attorneys
Legalweek.com reported that Greenberg Traurig is confirming it has talks to hire a number of Dewey & LeBoeuf attorneys. Dewey & LeBoeuf is said to be debating a pre-negotiated bankruptcy plan, the article said, citing reports at The Am Law Daily.
Under a possible plan, Dewey & LeBoeuf would pay creditors while also considering a merger. The firm is currently in discussions with its lenders to rework a $100 million line of credit with JPMorgan Cahse, Citi Private Bank and Wells Fargo Private Bank, the article said.
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