The criminal retrial of two former executives of Dewey & LeBoeuf is scheduled to proceed later this year without the defunct firm’s top partner, Steven Davis, after Davis formally accepted a deferred prosecution agreement Friday morning in Manhattan state court.
Davis, who was chairman of Dewey & LeBoeuf, left the courtroom Monday morning after Acting Supreme Court Justice Robert Stoltz reviewed with him some of the terms of his deal with the Manhattan district attorney’s office. Davis’ lawyers also said he had reached a settlement in a parallel civil suit brought by the U.S. Securities and Exchange Commission.
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