Two years ago, Dewey & LeBoeuf filed for bankruptcy. Intriguing aspects of the firm’s unraveling are still emerging.
Recently, three of the firm’s former leaders, chairman Steven Davis, executive director Stephen DiCarmine and chief financial officer Joel Sanders, filed an omnibus motion to dismiss the criminal charges against them. Such filings are not unusual. But their joint memorandum in support, along with DiCarmine’s separate supplemental brief, contains fascinating insights into the firm’s collapse. As the dots get added, it’s becoming easier to connect some of them.
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