Merger failure leaves Dewey with $89m pensions black hole
Dewey Ballantine is facing a pensions deficit totalling $89m (£45.18m), The Lawyer can exclusively reveal. The firm, which ended its merger talks with Orrick Herrington & Sutcliffe on 4 January, will now have to meet its unfunded pension obligations alone. The pension deficit was among the issues that derailed the two firms’ merger talks earlier […]