Dewey & LeBoeuf’s latest designated savior is Martin J. Bienenstock.
The NY Times says that he faces “perhaps the most challenging assignment of his career: the restructuring of his own law firm.”
According to the Times, his challenges include bank negotiations to restructure Dewey’s outstanding loans, consideration of reorganization options, and avoiding liquidation. Given the complex array of fiduciary duties accompanying such a job description — as a partner to his fellow partners while also acting as counsel to the partnership as a whole without favoring any individual partner or group of partners — it’s a daunting task.
Steven J. Harper, Esq.
http://thebellyofthebeast.wordpress.com/2012/04/25/spinning-deweys-heroes/