NEW YORK (AP) — In one of the largest law firm failures in U.S. history, embattled New York firm Dewey & LeBoeuf LLP has filed for bankruptcy, a move that will be followed by liquidation.
The debt-laden firm filed the papers in federal court in Manhattan Monday night.
It says it will keep about 90 employees to assist in the wind-down. It expects most of the process to be completed in the next few months.
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