DEWEY & LEBOEUF — OFFICE OF THE CHAIRMAN — PRESS REPORTS ABOUT THE FUTURE OF THE FIRM
TO: Global Personnel
You have undoubtedly read press reports speculating about the future of the firm, including one in the Wall Street Journal based upon anonymous stating that we have “discussed filing a prepackaged bankruptcy plan that would allow a merger partner to take on the firm free of its mounting debts and substantial unfunded pension obligations.” The fact is, like any good managers, we are considering various paths including continuing to operate as an independent global law firm and a strategic combination with another leading law firm, the latter of which could take many forms. Nothing, however, at this point, is definitive. As soon as something more definitive comes into focus, we will of course let you know. In the meantime, the best way to ensure the firm’s success is to continue to focus on doing great work for our clients.
Office of the Chairman
Charley [Landgraf], Jeff [Kessler], Martin [Bienenstock], Rich [Shutran] and Steve [Davis]
LEGALCOMMUNITY.IT — DEWEY CON GREENBERG TRAURIG CHE IN ITALIA STA CON SANTA MARIA
(Translation provided by an ATL reader.)
So, after days of speculation, here’s the real news. The merger with the law firm Greenberg Traurig will be announced tomorrow. Actually, the law firm will keep the name Dewey and will be called Dewey & Greenberg. But the first [i.e., Greenberg] will buy the second [i.e., Dewey] to save it from what international observers define an almost certain bankruptcy. In Italy, where along with Poland, the office has a profitable business, a meeting by the 18 partners led by managing partner Bruno Gattai (in photo) will be held this evening at 20 pm to decide what to do. Greenberg Traurig has an exclusive alliance in Italy with the law firm Santa Maria.
Greenberg Traurig Says It’s Talked to Dewey About Lawyers [Bloomberg]
Amid Bankruptcy Reports, Dewey Says It’s Eyeing All Options; Greenberg Confirms Possible Interest
[Am Law Daily via Morning Docket]
Incoming Dewey Associates in Limbo As Firm Weighs Restructuring Options [Am Law Daily]
Dewey Leadership: “Nothing, however, at this point, is definitive.” [WSJ Law Blog]
DEWEY CON GREENBERG TRAURIG CHE IN ITALIA STA CON SANTA MARIA [legalcommunity.it]
Greenberg Traurig Confirms ‘Preliminary Discussions Relating to Lawyers at Dewey’ [ABA Journal]
Start Date for Dewey’s New Associates Is in 2013 [ABA Journal]