Biglaw

Alan Jacobs Asks for Clawback Suit Against Former Dewey Leaders to Continue
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

dewey_bonus_plan

Liquidating trustee of Dewey & LeBoeuf, Alan Jacobs, is arguing that his clawback lawsuit against two former law firm heads should not be stayed as they face criminal charges, according to The New York Law Journal.

“The trustee’s urgency in pursuing these claims is heightened by the real risk that [Joel Sanders and Stephen DiCarmine’s] assets will dry up while they scramble to defend themselves against the criminal charges and other potential lawsuits,” Jacobs said in documents filed July 4 in the Southern District Bankruptcy Court.

  
What
Where


Jacobs is asking for more than $21.8 million from Sanders, the former CFO of the firm and DiCarmine, the former executive director of the firm. The claims made by Jacobs include that the men were awarded contracts with large compensation that required them to do nothing for that money.

DiCarmine and Sanders asked for a stay of the clawback lawsuit until their criminal case is resolved. They have said that unless their bankruptcy case is stayed, they are going to have to argue the criminal case in the court for bankruptcy.

“This is sheer exaggeration,” Jacobs said.

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!!




Jacobs also spoke about the two men estimating when their trial will start, which should be in January of 2015.

“That estimate does not include time for delays, mistrials, appeals, retrials, etc., any of which is possible,” Jacobs said. “The request for a stay is, in effect, a request for an indefinite suspension of this case.” 





 

RELEVANT JOBS

Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the Southern California...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of experience to handle...

Apply now

Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Prevention Unit ...

Apply now

Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

Full-time Staff Attorney – Housing and Homelessness Prevention Unit Organization Descriptio...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top