Former Dewey Leaders Seek to Limit Personal Liability
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The top three former executives at Dewey & LeBoeuf LLP, the defunct law firm, filed objections to aspects of the proposed settlements with about 400 partners designed to bring in $71 million.
Steven Davis, the former chairman; Stephen DiCarmine, the former executive director, and Joel Sanders, the ex-chief financial officer, said last week that it’s improper that releases under the settlements end up making them solely liable for the firm’s failure.