Bankruptcy
Aug. 14, 2013
Dewey seeks to reclaim money paid right before bankruptcy
The Dewey & LeBoeuf LLP estate filed a series of actions Friday seeking to recover $5.7 million from transfers that occurred in the 90-day window before the firm filed for bankruptcy.
By Joshua Sebold
Daily Journal Staff Writer
The Dewey & LeBoeuf LLP estate filed a series of actions Friday seeking to recover $5.7 million from transfers that occurred in the 90-day window before the firm filed for bankruptcy.
The estate targeted eight law firms, a law school ethics professor, Bank of America Corp., Metropolitan Life Insurance Co. Inc. and office security provider Kastle Systems International LLC.
These "avoid transfer" cases are common in ba...
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