Dewey & LeBoeuf has brought forward negotiations with its bankers regarding its loan agreements, as chairman Steve Davis relocates to London as a part of a management shake-up.
The US firm has pushed through a top-level overhaul which has seen its heads of bankruptcy, corporate, litigation and public policy join a new five-member management team, following calls from the partnership for “more hands-on management”.
Davis, who will relocate to London later this year with a remit to manage the firm’s offices outside of the US, is joined by restructuring chief Martin Bienenstock, corporate head Rich Shutran, litigation head Jeffrey Kessler and public policy and Washington head Charles Landgraf on the revamped management team.
