Dewey Partners Say Firm Cheated Them Out Of Capital

Law360, New York (June 3, 2015, 7:16 PM EDT) -- Two more former partners of Dewey & LeBoeuf LLP took the stand Wednesday in the trial of the law firm's former top executives on fraud and larceny charges stemming from purported accounting irregularities before Dewey collapsed, telling jurors they were bilked out of capital contributions they made to the firm.

As the trial stretched into its sixth day, prosecutors sought to drive home claims that former Dewey executives schemed to defraud departing partners out of their capital stakes in the firm, and had income improperly reclassified as repayment of that capital, in violation of its partnership agreements.

Prosecutors questioned former Dewey...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!