White Collar

  • March 15, 2018

    Equifax Insider Trading Charges Show Need For Action Plan

    Insider trading charges for a former Equifax executive involved in responding to a data breach affecting some 148 million customers illustrates the need for companies to have solid plans for dealing with cyberattacks that include adequate bulwarks against illegal trading, experts say.

  • March 15, 2018

    Panama Papers Firm Mossack Fonseca Closing Over Scandal

    Mossack Fonseca & Co., the offshore law firm implicated in the Panama Papers scandal, is telling clients it will close by March 31 because of the damage to its reputation and business, according to a statement posted Wednesday by the International Consortium of Investigative Journalists.

  • March 15, 2018

    Now's The Time To Get Ready For Sports Betting, Attys Say

    An imminent U.S. Supreme Court decision could open the door to sports betting in many states, but companies looking to jump into the space should start preparing and start looking for partnerships with existing casinos now, attorneys say.

  • March 15, 2018

    Ex-NJ Senator Denied Pension Due To Corruption Conviction

    Former New Jersey State Sen. Wayne Bryant fell short in his attempt to secure retirement benefits, after a state appeals court on Thursday approved of the total forfeiture of his pension based on his criminal conviction in pension-padding schemes related to low-show and no-show public jobs.

  • March 15, 2018

    Ex-Deutsche Bank Trader Pleads Guilty To Rigging Euribor

    Ex-Deutsche Bank AG trader Christian Bittar has pled guilty to rigging a key European interest rate benchmark ahead of a trial scheduled for April, Britain’s Serious Fraud Office said Thursday.

  • March 14, 2018

    Venezuela's Oil Co. Can't Copy Bribery Defendants' Docs

    The Florida federal judge overseeing Venezuela’s state-owned oil company PDVSA’s suit over an alleged bribery scheme said Wednesday he would modify a temporary restraining order to prohibit all defendants from destroying any records related to business with it, but stopped short of granting the oil company’s request to immediately access defendants’ servers and documents.

  • March 14, 2018

    Ex-Atty Thought Wife He Shot Had More Cash, Jury Told

    A former Fisher Phillips partner who prosecutors say shot and killed his wife to salvage a dire financial situation that included owing her hundreds of thousands of dollars was "surprised" there was only $400,000 in her checking accounts, the woman's longtime personal assistant testified Wednesday.

  • March 14, 2018

    Delaware Atty Disciplined Over Sexual, Religious Missives

    A Delaware defense attorney was publicly reprimanded Wednesday and ordered to take a course in professionalism by the state Supreme Court after he sent communications to prosecutors referencing him exposing his "thing" in a box, among other sexual comments, and his suspicions that one of the prosecutors was Jewish.

  • March 14, 2018

    Feds Fight Narrow Definition Of Extortion In City Hall Row

    Prosecutors trying to convict a pair of Boston City Hall aides accused of extortion told a Massachusetts federal judge Wednesday that his definition of the word is so narrow, it could make it tougher to prosecute cases against mafia soldiers or corrupt politicians under the Hobbs Act.

  • March 14, 2018

    GWB Figure Tells 3rd Circ. Revenge Plot Wasn't A Crime

    An alleged scheme to reduce local access lanes to the George Washington Bridge as a form of political revenge was not a crime, a former Port Authority of New York and New Jersey executive said Wednesday in urging the Third Circuit to throw out his conviction in the scandal.

  • March 14, 2018

    3rd Circ. Junks Bank Fraudster's 10-Year Prison Sentence

    The Third Circuit threw out the 10½-year prison sentence Wednesday of a convicted bank fraudster after rejecting a trial judge’s conclusion that the man had been on parole for an unrelated crime at the time he joined the conspiracy.

  • March 14, 2018

    Fed Orders ICBC To Tighten Anti-Money Laundering Checks

    The Federal Reserve has ordered the Industrial and Commercial Bank of China Ltd. to reform its anti-money laundering protections after finding “significant deficiencies” during its most recent examination of the bank’s New York branch, the regulator announced Tuesday.

  • March 14, 2018

    Rights Groups Say CLOUD Act Tramples Civil Liberties

    The National Association of Criminal Defense Lawyers, the American Civil Liberties Union and others are calling on Congress to block legislation meant to facilitate cross-border data requests by law enforcement, saying the measure would torpedo U.S. residents’ Fourth Amendment rights.

  • March 14, 2018

    Would-Be Arms Dealer Gets 25 Years For Iran Missile Ploy

    A former electrical engineer convicted of trying to sell surface-to-air missiles and military aircraft parts to the Iranian government was sentenced Wednesday to 25 years in prison, despite his claims he was actually trying to expose the regime as a violator of international law.

  • March 14, 2018

    Jay Peak Receiver Seeks OK On $1.5M Deal With Contractor

    The court-appointed receiver for the failed Jay Peak EB-5 project asked a Florida federal judge Tuesday to approve a $1.5 million settlement agreement with contractor PeakCM LLC, which represents a discount from the company's initial $2.75 million in claims.

  • March 14, 2018

    Consumer Advocates Urge Scrutiny Of Antitrust Exemptions

    U.S. lawmakers should seek ways to peel away exemptions from U.S. antitrust laws and apply a skeptical view toward future requests for such exemptions, said consumer advocates, attorneys, business associations and free market groups at a D.C. roundtable on Wednesday.

  • March 14, 2018

    Ex-NJ Federal Prosecutor Returns To Kramer Levin

    A former high-ranking New Jersey federal prosecutor and recent Mayer Brown LLP partner is returning to Kramer Levin Naftalis & Frankel LLP as a partner in its white collar defense and investigations practice, the firm announced Wednesday.

  • March 14, 2018

    Texas Atty Can Sue Defense Counsel Over Forged Will Case

    A Texas appellate court on Wednesday revived a legal malpractice claim brought by an attorney convicted for forging a client’s will, ruling a subsequent lifting of the criminal charge gave her the leeway to sue her former criminal defense attorney for ineffective assistance of counsel.

  • March 14, 2018

    CPA Claims Prosecutor Leaked Tax Data Seized In Raid

    A California CPA seeks $700,000 in punitive damages, alleging the Justice Department violated his privacy rights and those of hundreds of taxpayers by illegally copying a hard drive seized in a raid of a dietary supplement company and leaking its contents to the public, according to a complaint filed Wednesday.

  • March 14, 2018

    Ex-Samsung Exec Can't Shake Prison Over Atty Error Claims

    A former Samsung America Inc. executive lost his bid to escape a six-year-plus prison term for embezzling about $1.6 million from the company after a New Jersey federal judge on Tuesday rejected claims that his former attorney was ineffective for not consulting with him about a possible appeal.

Expert Analysis

  • The Art And Science Of Investigative Questions: Part 1

    David Dolkas

    In the first article of this five-part series, longtime trial lawyer David Dolkas offers ideas and instruction on how to ask better questions in any context where lawyers must obtain information from a source or a witness.

  • A Powerful Tool For Tracing Foreign Assets In US

    Rick Antonoff

    Foreign representatives have long used Chapter 15 discovery to investigate whether a foreign debtor has assets in the U.S. But two recent cases in New York involving Russian debtors demonstrate the value of Chapter 15 for uncovering assets that were fraudulently transferred, say Rick Antonoff and Evan Zucker of Blank Rome LLP. 

  • The Value And Limitations Of Trade Compliance Policies

    Eric Sandberg-Zakian

    A corporate trade compliance policy that requires reporting and investigation is likely to serve as an important mitigating factor in a straightforward civil matter before a primary regulator. But in the face of a more searching grand jury investigation by the U.S. Department of Justice, how the company implemented the policy will be far more important, says Eric Sandberg-Zakian of Covington & Burling LLP.

  • FCPA Corporate Enforcement Policy: Pilot Program Redux

    Ryan Rohlfsen

    Criminal resolutions during the Foreign Corrupt Practices Act pilot program likely would not have come out differently under the new corporate enforcement policy, but the revised policy makes the impact of self-disclosing possible FCPA issues slightly more predictable, say attorneys with Ropes & Gray LLP.

  • Opinion

    The Dangers Of DOJ Victory In High Court Microsoft Case

    Saad Gul

    American tech firms have dominated the world for decades. But now, in the Microsoft warrant case, the U.S. Department of Justice may clumsily, inadvertently and shortsightedly accomplish what foreign governments and international competitors have been unable to do — kill the goose that lays the golden eggs, say ​​​​​​​Saad Gul and Michael Slipsky of Poyner Spruill LLP.

  • Protecting Privilege In Litigation Financing Negotiations

    Eric Robinson

    Multiple courts have held that discoverable material from negotiations with a litigation funder, when executed properly, can be attorney work product and immune from disclosure in the later litigation. The recent Acceleration Bay decision is indicative of what happens when difficult facts conflict with best practices, says Eric Robinson of Stevens & Lee PC.

  • How To Do Time: Part 2

    Alan Ellis

    Most lawyers are understandably unable to advise a first-time federal inmate as to what it will be like in prison. Here we address questions clients may have about encountering problems with staff or other inmates, and concerns family and friends may have about the process, say criminal defense attorney Alan Ellis and federal prison consultant J. Michael Henderson.

  • Opinion

    From Cowboy Boots To Wingtips: Prosecutions Gone Awry

    John Banks Brooks

    What do a cattle rancher, an attorney, a financier and a professional sports bettor have in common? All have been subject to recent abuses of power by prosecutors and law enforcement officials. Violating defendants’ rights with shady tactics and leaks undermines our justice system, says communications consultant John Banks Brooks.

  • Why Machine Learning Should Matter To Lawyers

    Dan Puterbaugh

    Legal leaders who want to meet their clients' expanding expectations should start moving their documents to future-ready document management solutions now if they want to stay competitive in the next few years, says Dan Puterbaugh of Adobe Systems Inc.

  • Time To Re-Evaluate Anti-Money Laundering Compliance

    Richard Alexander

    With numerous criminal and regulatory penalties recently levied against financial institutions for deficiencies in their Bank Secrecy Act and anti-money laundering programs, the government has signaled that AML enforcement remains a top priority, say attorneys with Arnold & Porter.