Citibank Denied Win In Ex-Dewey Partner Loan Fight

Law360, New York (January 17, 2013, 2:59 PM EST) -- A New York federal judge on Wednesday refused to grant Citibank NA summary judgment in a dispute with a former Dewey & LeBoeuf LLP partner who defaulted on a loan, but questioned the lawyer's claims that the bank knew of Dewey's deteriorating financial situation when it made the loan.

U.S. District Judge Louis L. Stanton said that based on the preliminary submissions in the case, it's hard to see how former Dewey partner Steven P. Otillar and his wife, Laura — who took out the loan...
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