January 12, 2023
The U.S. Securities and Exchange Commission's move to compel Covington & Burling LLP to reveal the clients affected by a 2020 cyberattack is likely to make businesses think twice about revealing vital information to their attorneys, even if the law firm is able to defeat what appears to be a strong government argument that the client identities aren't shielded by privilege.
January 12, 2023
Covington & Burling LLP's refusal to hand over to the U.S. Securities and Exchange Commission a list of 298 clients affected by a 2020 cyberattack calls into question the limits of confidential attorney-client relationships and the regulator's investigatory powers.
January 12, 2023
The U.S. Securities and Exchange Commission's Mark Uyeda told Law360 on Thursday that "there should be rightful concern" about the agency suing law firms like Covington & Burling LLP to gain access to client information, citing the case's similarities to a dust-up with a pair of subpoenaed reporters nearly two decades ago.
January 11, 2023
The U.S. Securities and Exchange Commission is seeking a court order that would force Covington & Burling LLP to reveal which of its clients were impacted by a 2020 cyberattack, in an effort that the BigLaw giant says would breach its attorney-client privilege.