An insurance executive testified Thursday that Dewey & LeBoeuf's management assured him of the firm's fiscal health ahead of a $40 million loan in 2010. But a defense lawyer for Dewey & LeBoeuf's former leader successfully dismissed that evidence.
July 23, 2015 at 03:43 PM
1 minute read
The original version of this story was published on Law.Com
An insurance executive testified Thursday that the management of Dewey & LeBoeuf assured him that the Am Law 100 firm was on financially solid footing ahead of a fateful bond offering in 2010.
But a defense lawyer for the firm’s former chairman successfully challenged that testimony on the grounds that his client wasn’t present for presentations made in relation to that capital raising.
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