Free Market Evaluation - Send us your resume and we will give you free feedback
Morgan Lewis to Take 500 Pro Bono Cases from Bingham McCutchen
Morgan Lewis to Take 500 Pro Bono Cases from Bingham McCutchen
Eight Lawyers Promoted to Partner at Vinson & Elkins
Eight Lawyers Promoted to Partner at Vinson & Elkins
Washington County in Florida the Only Focus of Court Order in Same-Sex Marriage Fight
Washington County in Florida the Only Focus of Court Order in Same-Sex...
McBee Strategic to be Bought by Wiley Rein before 2014 Closes
McBee Strategic to be Bought by Wiley Rein before 2014 Closes
Your profile matches an open legal position. Apply now!
Legal Job Listings

Dewey Case Could be Halted Due to Request of Prosecutor

a8abfa04_smush_OB-TP416_dewey0_E_20120702132701

Manhattan prosecutors seeking criminal charges against former leaders of Dewey & LeBoeuf LLP have asked a bankruptcy court judge to slow the case down against two defendants, according to The Wall Street Journal.

The request was filed in Wednesday by assistant district attorney Steve Pilnyak. The request was filed in U.S. Bankruptcy Court in Manhattan. Pilnyak requested that discovery in the lawsuit stop. The lawsuit in question was filed against Joel Sanders and Stephen DiCarmine. Sanders is the firm’s former chief financial officer and DiCarmine is the former executive director.

The civil lawsuit is asking for more than the $21.8 million that the trustee of the firm says the two received as it “fell deeper and deeper into insolvency” prior to its collapse in 2012. The trustee said that the money should be recovered for the benefit of the firm’s creditors.

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Pilnyak said that overlaps in claims in both civil and criminal actions are why the case should be halted for now. He specifically pointed to an amended complaint filed by the bankruptcy trustee in June. The complaint pulled information from Cyrus Vance’s office, which is running the investigation. Vance is the Manhattan District Attorney.

The attorneys for Sanders and DiCarmine have also asked U.S. Bankruptcy Judge Martin Glenn to stop the lawsuit.

In a filing, the bankruptcy trustee for Dewey said, “criminal conviction would buttress the trustee’s arguments” associated with the two men being involved in self-dealing “in procuring compensation arrangements and awarding themselves discretionary bonuses.”

Manhattan Prosecutor Requests Judge Halt Dewey Case by

Tagged: , , , , , , ,

Posted by on July 14, 2014. Filed under Law Firm News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Legal Assistant / Secretary - Bilingual
USA-GA-Gainesville

~~Rapidly expanding General Law Firm seeking a Legal Assistant/Secretary to join our team at our Gainesville, Georgia location !  Our firm is a goal/target oriented, fast-paced environment with a...

Related Posts: