The Dewey & LeBoeuf trial will have a starting date.
The now-defunct law firm’s three ex-leaders (Steven Davis, Joel Sanders, and Stephen DiCarmine) will appear in court this April 27 to start the trial, which is expected to last up to six months.
All three were accused of accounting fraud as part of a scheme to conceal the true nature of Dewey’s financial status, which led to the firm’s unexpected collapse in 2012. All three claimed to be innocent and are free on bails while awaiting trial.
In a New York Supreme Court early this week, the trio sat quietly while Justice Robert Stolz pressed counsel of both parties for a trial date. Stolz initially wanted a February start but both parties made delay requests.
Davis’ attorney, Elkan Abramowitz, said he’ll wait until he has knowledge of the Bermuda court outcome regarding the amount of insurance available for his client’s defense.