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White Collar

  • January 17, 2019

    Skadden First In BigLaw To Be Hit As DOJ Dusts Off FARA

    There’s an old joke among attorneys who have specialized in the Foreign Agents Registration Act: The only people who ever get hit with violations are KGB officers and Washington, D.C., lawyers. Yet BigLaw powerhouse Skadden may have ruined the punchline Thursday with news it had settled FARA allegations brought by the government.

  • January 17, 2019

    1st Circ. Nixes Ex-Puerto Rican Senator's Bribery Conviction

    The First Circuit on Thursday focused on the term “benefits” in overturning a jury's bribery convictions of a former Puerto Rican senator and a private security company's ex-president in a case that has gone to the U.S. Supreme Court and reshaped double jeopardy law in the process.

  • January 17, 2019

    How Skadden's Ukrainian Job Went Up In Flames

    Skadden Arps Slate Meagher & Flom LLP's risky plunge into the Ukrainian criminal justice system ended Thursday with a $4.6 million fine from the U.S. Department of Justice over the firm's failure to register as a foreign agent. Here, Law360 examines how the seven-year episode went down.

  • January 17, 2019

    New Emails Suggest Gov't Leaked Platinum Probe Info: Execs

    Two executives at the investment firm Platinum Partners asked a Brooklyn federal judge Thursday to reconsider his decision not to dismiss the criminal fraud case against them based on alleged prosecutorial misconduct, saying they recently obtained emails that show an assistant U.S. attorney met a reporter for drinks the day before the reporter published a story about the investigation.

  • January 17, 2019

    Ex-PE Boss Gets 3 Months For Lattice Insider Trading

    The co-founder and partner of China-backed private equity firm Canyon Bridge Capital Partners was sentenced to three months in prison on Thursday, after he was convicted at trial of insider trading-related charges in connection with an attempted $1.3 billion acquisition of Lattice Semiconductor Corp.

  • January 17, 2019

    'Dark Overlord' Hack Another Cautionary Tale For Law Firms

    A hacking group calling itself "The Dark Overlord" has released a cache of confidential files it says it stole from a law firm involved in litigation stemming from the 9/11 attacks, and is now offering more sensitive documents to the highest bidder in the latest frightening example of how the legal industry is a prime target for cyberattacks.

  • January 17, 2019

    Deal With Rajaratnam, Ex-Galleon Execs Signals End To Ch. 7

    The trustee tasked with winding down convicted insider trader Raj Rajaratnam’s defunct Galleon Group hedge fund told a New York bankruptcy court on Thursday he’d reached a nearly $450,000 settlement with Rajaratnam and two former executives being sued for fraud, and that money should be enough to pay off the fund’s remaining creditors.

  • January 17, 2019

    4 German Audi Execs Indicted Over VW Emissions Cheat

    Four high-level German Audi AG workers were indicted in Michigan federal court Thursday for allegedly violating the Clean Air Act, defrauding the government and committing wire fraud in a scheme to cheat environmental emissions regulations in Audi and Volkswagen vehicles.

  • January 17, 2019

    Barr Likely To Continue Sessions' Policy On LGBT Rights

    Attorney general nominee William Barr backed the U.S. Department of Justice’s current interpretation of the Civil Rights Act during his confirmation hearing this week, along with other statements that advocates have said would be a continuation of former Attorney General Jeff Sessions’ civil rights policies.

  • January 17, 2019

    2nd Circ. Won't Resurrect Union Suit Over Platinum Fraud

    The Second Circuit on Thursday refused to revive a derivative suit brought by New York correctional union members against the top brass of the Correction Officers' Benevolent Association over the alleged Platinum Partners bribery scheme, calling it inadequately pled.

  • January 17, 2019

    Weinstein, Lawyer Officially ‘Part Ways’ After Split Rumors

    Less than a week after rumors of a split emerged, Harvey Weinstein and his criminal defense lawyer Benjamin Brafman formally announced Thursday that Brafman will be withdrawing as counsel for the disgraced movie mogul in the sexual assault case playing out in New York state court.

  • January 17, 2019

    Houston Judges OK Plan To Strictly Limit Use Of Cash Bail

    The newly elected Democratic municipal court judges in Harris County, Texas, have voted to update the local rules governing bail practices in a way that will severely limit the use of a cash bail system for misdemeanor defendants, according to an order issued Thursday.

  • January 17, 2019

    EU Order Doesn't Trump Bulgarian Laws In VAT Suit, ECJ Says

    The European Union mandate to prosecute tax fraud doesn't supersede national laws on the proper collection of evidence, the European Court of Justice ruled Thursday in a Bulgarian criminal value-added tax evasion case.

  • January 17, 2019

    Fla. Atty Accused Of Breaking Into Firm's Office Suspended

    The Florida Supreme Court on Wednesday suspended an attorney who is facing charges of burglarizing his former firm's office and stealing from the firm's storage unit.

  • January 17, 2019

    Skadden To Pay $4.6M Over Ukraine Lobbying

    Skadden Arps Slate Meagher & Flom LLP has settled claims by the U.S. Department of Justice over the firm's failure to register lobbying work for the Ukrainian government and agreed to pay more than $4.6 million in fees from the engagement, the DOJ announced on Thursday.

  • January 17, 2019

    Trader Pushed Cash To 'Add Weight' To Euribor Fix, Jury Told

    A former trader working on the money markets desk at Barclays PLC, who is on trial for his alleged role in a conspiracy to game the financial system, manipulated the cash market to “add extra weight” to attempts to rig a key global interest rate benchmark, prosecutors told a jury in London on Thursday.

  • January 16, 2019

    Gaming Cos. Get 90-Day Grace Period After Wire Act Changes

    The Department of Justice has officially declared a 90-day grace period for online gambling businesses to comply with an abrupt change in its interpretation of the Wire Act, which bucked previous guidance and found that all non-sports interstate gambling runs afoul of the law.

  • January 16, 2019

    SEC's Response To Breach Scare Clarifies Wider Approach

    The 43-page complaint the U.S. Securities and Exchange Commission filed Tuesday detailing an alleged scheme to illegally access its electronic filing system for profit underscores the agency's commitment to cybersecurity while lending some context to its relatively forgiving approach, attorneys say.

  • January 16, 2019

    Platinum Judge Sees No Misconduct, But Raps Gov't 'Candor'

    A Brooklyn federal judge on Wednesday rejected the latest request from several Platinum Partners LLP executives to dismiss a criminal fraud case against them, saying there wasn't enough proof to support the idea that prosecutors hid evidence or fabricated threats to witnesses.

  • January 16, 2019

    King & Spalding Adds Gov't-Focused Partners In SF, DC

    King & Spalding LLP is expanding its government-related practice groups with the addition this week of a former Georgia state legislator who recently helped screen judge candidates in filling vacancies on the bench, and a veteran U.S. Department of Justice prosecutor who sent corrupt judges to prison.

Expert Analysis

  • Diversity's Next Step: Developing Minority Partners

    Chris King.jpg

    The lack of minority partners comes at a high cost to firms, say attorneys at Lightfoot Franklin & White LLC, as they suggest several practical ways to tackle this problem.

  • Expect More SEC Cybersecurity Enforcement This Year

    Doug Davison

    The U.S. Securities and Exchange Commission turned its attention to cybersecurity last year, and those efforts will intensify throughout 2019. There are at least four likely areas of enforcement activity, say attorneys with Linklaters LLP.

  • 2018 Trends In HHS Corporate Integrity Agreements

    John Bentivoglio

    The Office of Inspector General at the U.S. Department of Health and Human Services entered into only 37 new corporate integrity agreements last year — the lowest number since 2012 — but it was an important year on the policy front, say attorneys with Skadden Arps Slate Meagher & Flom LLP.

  • A Closer Look At CFTC's Loss In Market Manipulation Case

    Michael Brooks

    While the New York federal court's decision in U.S. Commodity Futures Trading Commission v. Wilson may embolden defendants in CFTC and Federal Energy Regulatory Commission enforcement matters, the circumstances surrounding it should continue to serve as a caution to market participants, say Michael Brooks and Robert Pease of Bracewell LLP.

  • Arbitrators And Mediators Should Reflect Society's Diversity

    James Jenkins

    Alternative dispute resolution providers have made great strides toward diversity, but recent statistics show there is still work to be done. There are certain steps ADR providers can take to actively recruit more women and minority candidates to serve as arbitrators and mediators, says James Jenkins of the American Arbitration Association.

  • Why AFAs Are Key To The Future Of Legal Practice

    Kelly Eisenlohr-Moul

    Alternative fee agreements can help align law firm and client interests, increase efficiency and eliminate corporate extortion, among other benefits. They are the best thing to happen to the practice of law in decades, says Kelly Eisenlohr-Moul at Dinsmore & Shohl LLP.

  • Grand Jury Secrecy And The Release Of The Mueller Report

    John Fleder

    As the Senate Judiciary Committee questions attorney general nominee William Barr on Special Counsel Robert Mueller’s investigation, former federal prosecutor John Fleder examines whether grand jury secrecy will permit the attorney general to submit parts, or all, of the highly anticipated Mueller report to Congress and/or the public.

  • Series

    Judging A Book: Barron Reviews 'The Clamor Of Lawyers'

    Judge David Barron

    Can lawyers lead a revolution? According to "The Clamor of Lawyers: The American Revolution and Crisis in the Legal Profession" — a slim but elegant volume by Peter Charles Hoffer and Williamjames Hull Hoffer — they can and they did, says First Circuit Judge David Barron.

  • Handling Corporate Congressional Probes In The Trump Era

    John Hellerman

    President Donald Trump’s approach to crisis communications has changed the game enough to demand companies' consideration of a whole new set of options. John Hellerman of Hellerman Communications and Bill Pittard of KaiserDillon PLLC discuss whether corporations can successfully use similar tactics.

  • Opinion

    The Case For Lawyer-Directed Litigation Funding In NY: Part 2

    Peter Jarvis

    Lawyer-directed nonrecourse litigation funding is more likely to protect a lawyer's exercise of independent professional judgment than traditional means of litigation finance, and furthermore enables worthwhile cases that otherwise could not be funded, say Peter Jarvis and Trisha Thompson of Holland & Knight LLP.