Ex-Dewey Partner Says Citibank Covered Up Firm's Finances

Law360, New York (February 27, 2013, 6:36 PM EST) -- A former Dewey & LeBoeuf LLP attorney fired back Tuesday at Citibank NA’s effort to collect payments on a loan used to fund his capital contribution to the now-defunct firm, saying the bank lured partners into borrowing loans by hiding Dewey’s true financial state.

Steven P. Otillar, who now works for Akin Gump Strauss Hauer & Feld LLP, and his wife Laura accuse Citibank of conspiring with the firm, which received approval of its Chapter 11 liquidation plan on Wednesday, to dupe partners into entering into...
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