Bankrupt Dewey & LeBoeuf LLP asked a judge to approve payments at customary rates of as much as $935 an hour for partners of its lead law firm, Togut Segal & Segal LLP, Bloomberg News reported yesterday. Dewey, which failed on May 28 owing more than $225 million to secured lenders, is seeking to hire at least nine firms to assist with the liquidation, according to court papers. The case is In re Dewey & LeBoeuf LLP, 12-12321, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
