Mealey's Bankruptcy - Dewey & LeBoeuf Finance Director Says Adjustments Were Made To 'Deceive'

Mealey's Bankruptcy - Dewey & LeBoeuf Finance Director Says Adjustments Were Made To 'Deceive'

NEW YORK - Francis Canellas, the former director of finance for bankrupt law firm Dewey & LeBoeuf, on March 31 entered a plea agreement with the New York County district attorney admitting that he, under the direction of firm chairman Steven H. Davis and other principals, made "inappropriate adjustments" to the firm's financial books to "deceive" the firm's lenders into believing that the firm had met all of its financial covenants when, in fact, it had not.

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