Irony is one of our most overused words, but come on …
News has come from back east that the law firm of Dewey & LeBoeuf is filing for bankruptcy.
Besides the little detail that this is the largest law firm to go under in U.S. history, there is this one other notable fact:
The law firm going bankrupt is the same law firm that handled Frank McCourt’s bankruptcy of the Dodgers.
In its filing, Dewey lists liabilities “in the range” of $100 million to $500 million; if that’s the best estimate it can come up with, it’s no wonder these guys got into financial trouble.
Hey, I know a guy flush with $1 billion who might be able to give Dewey a loan. You could argue he even owes them.