Friday, September 7, 2012

Dewey CFO finds new home at Florida firm Greenspoon

Former Dewey & LeBoeuf CFO Joel Sanders has resurfaced in the same role at Florida law firm Greenspoon Marder.

Sanders, one of the defendants accused of allegedly running a Ponzi scheme at the firm in a lawsuit brought by a former Dewey partner (14 June 2012), has already joined the firm following Dewey?s high-profile collapse earlier this year.

Greenspoon Marder said it valued Sanders? ?background and experience? including his eight years as CFO of legacy LeBoeuf Lamb Greene & MacRae and at post-merger Dewey.

Co-founder and managing shareholder Michael Marder said in a statement: ?The firm has experienced substantial growth in the last few years; and, in order to ensure that we are properly positioned for further expansion in the years to come, we conducted an exhaustive search for a top-notch CFO. We believe that Joel Sanders? background and experience, including a decade with Time Warner, eight years as CFO of LeBoeuf Lamb, a successful 100-year-old law firm, and his work with Dewey & LeBoeuf undoubtedly qualify him to bring his expertise to Greenspoon Marder.

?While Joel has only been with Greenspoon Marder for a short time, he has already made a significant and long-lasting contribution and we are excited about the future.?

Bankruptcy filings showed Sanders was paid $1.1m in bonuses in 2012 in the months leading to the Dewey?s collapse on top of his $900,000 annual salary and twice-monthly regular bonus payments (2 August 2012).

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Source: http://www.thelawyer.com/dewey-cfo-finds-new-home-at-florida-firm-greenspoon/1014146.article

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