Dewey Files for Bankruptcy

Dewey & LeBoeuf has filed a voluntary petition for Chapter 11 bankruptcy in New York.  The firm's Chief Restructuring Officer, Jonathan Mitchell, said in a statement accompanying the petition that the firm will wind down its business and liquidate its assets.  The petition lists the top 20 debts owed by the firm, but also estimates that the firm has over 5,000 creditors.
Dewey Files for Bankruptcy