A review of more than 2,000 proofs of claim submitted in the Dewey & LeBoeuf bankruptcy shows that scores of former partners—many of whom have signed on to the so-called partner contribution plan—say that the estate owes them sums ranging from roughly $11,000 to more than $67 million, the American Law Daily reported today. The low-end figure belongs to former firm chairman Steven Davis, who was not allowed to participate in the settlement deal. Davis filed a claim for $11,725 against the estate August 2. At the other end of the spectrum, M&A heavyweight Morton Pierce, who is now at White & Case, submitted a claim for $67,334,183 on September 6. The two former firm leaders are among the more prominent names on the long list of onetime partners, vendors, former staffers, landlords, and various other creditors that have notified the court about their Dewey-incurred debts. Court filings show that at least 76 former partners have filed claims against the estate while also agreeing to take part in the proposed settlement, which would would give them waivers from Dewey-related liability in exchange for their contributions. The deadline for submitting proofs of claim was September 7; former partners who agreed to participate in the settlement had to do so by August 16 to avoid being hit with a late fee.
