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White Collar

  • January 8, 2019

    Platinum Liquidators Can't DQ Curtis From Fraud Suit

    Curtis Mallet-Prevost Colt & Mosle LLP won't be disqualified — at least not yet — from defending a former Platinum Partners founder against a suit brought by the hedge fund's liquidators over an alleged $1 billion fraud, despite having represented the fund in the past, U.S. District Judge Jed S. Rakoff said Monday.

  • January 8, 2019

    Winklevoss Bros. Bitcoin Fraud Suit Survives Dismissal Bid

    A bitcoin entrepreneur and convicted felon must face fraud claims brought by Cameron and Tyler Winklevoss that he swindled the twin brothers out of millions of dollars worth of cryptocurrency, a New York federal judge ruled.

  • January 8, 2019

    Newly Elected Houston Judges Drop Bail Reform Challenge

    The 14 newly elected Democratic municipal court judges in Harris County, Texas — who were part of a "blue wave" that booted every one of their Republican predecessors from the bench — have dropped an appeal aiming to undo a federal judge's ruling that the cash bail system there is unconstitutional.

  • January 8, 2019

    Russian Lawyer Linked To Trump Charged With Obstruction

    Russian attorney Natalia Veselnitskaya, who represented Prevezon Holdings Ltd. in a high-profile Manhattan asset forfeiture fight and who later was linked to the campaign of President Donald Trump, was accused by federal prosecutors Tuesday of obstructing a tax fraud investigation into the real estate concern.

  • January 7, 2019

    Justices Poised To Finally Clarify Tribe’s Treaty Rights

    The U.S. Supreme Court will hear arguments Tuesday in a Crow Tribe member's bid to upend his state court conviction for elk hunting in Wyoming's Bighorn National Forest, a case that should see the justices clear up confusing precedent going back to the 1800s and determine how strongly the tribe's treaty rights stack up against Wyoming's statehood.

  • January 7, 2019

    NJ, Gov. Campaign Accused Of Mishandling Rape Claim

    A New Jersey housing official on Monday launched a lawsuit alleging the state and the campaign of Gov. Phil Murphy mishandled her claim that she was raped by a former campaign staffer who later got a high-ranking position within the administration.

  • January 7, 2019

    Convicted Wilmington Trust Execs Seek Bail During Appeal

    Four Wilmington Trust Corp. executives sentenced to three- to six-year prison terms in December for false reporting practices that crippled their bank sought bail pending appeal late Friday, with all raising multiple challenges to government claims they falsified past-due commercial loan status disclosures.

  • January 7, 2019

    Chancery Issues Arrest Warrants For Chinese Tech Execs

    A Delaware Chancery judge issued arrest warrants Monday for two Chinese nationals serving as executives for ZST Digital Networks Inc. who were found to be in contempt for not complying with a series of court judgments arising from a books and records suit filed by a shareholder.

  • January 7, 2019

    Feds Look To Give Ex-Firm Head 22 Years For $20M Theft

    Atlanta federal prosecutors asked a judge to throw the book at a former name partner of defunct firm Morris Hardwick Schneider on Friday, urging a nearly 22-year sentence for his embezzlement of more than $20 million from the firm and its clients.

  • January 7, 2019

    Ex-Georgeson Adviser Begins Retrial Amid Appeal For Others

    As three former Georgeson LLC advisers wait to see if federal prosecutors win an appeal to put them on trial a second time, one of their ex-coworkers was back in a Boston courthouse Monday as her second trial kicked off charging her with trading entertainment tickets for an early look at shareholder voting data.

  • January 7, 2019

    I May Be A Felon, But I'm No Gossip, Ex-Asst. DA Says

    A former Brooklyn assistant district attorney who admitted illegally wiretapping a colleague told a New York federal judge there's no evidence she gossiped about what she recorded, seeking the dismissal of the colleague's claims of suffering from office gossip.

  • January 7, 2019

    Lewis Brisbois Hires Former DOJ Cyber Atty In Philly, NY

    Lewis Brisbois Bisgaard & Smith LLP announced Monday that it has landed longtime federal prosecutor Rich Goldberg to come on board as a partner in its cybersecurity and data privacy practice operating out of the firm's New York and Philadelphia offices.

  • January 7, 2019

    High Court Should've Taken Restitution Case, 2 Justices Say

    Two U.S. Supreme Court justices on Monday frowned on their colleagues' decision to pass up a petition that asserted convicted defendants have a right to have a jury decide the facts behind the amount of restitution they are ordered to pay.

  • January 7, 2019

    Pa. Official In Judicial Bribery Case Loses Law License

    The onetime public safety director of a Philadelphia-area town saw his law license suspended by the Pennsylvania Supreme Court on Monday after he pled guilty last year for his role in an alleged bribery and money laundering scheme involving a Bucks County magistrate judge.

  • January 7, 2019

    Madoff Aide's Initial Bid To Finish Sentence At Home Denied

    A New York federal judge on Monday denied a request from former Bernie Madoff aide Annette Bongiorno to conclude her six-year sentence for involvement in Madoff’s Ponzi scheme at home, saying she needs to ask the Bureau of Prisons first.

  • January 7, 2019

    Philly 'Con Man' Denied Bail Amid Conviction Appeal

    A Pennsylvania federal judge denied bail Friday for an “incorrigible criminal” appealing his conviction after pleading guilty on charges that he ran a $1.5 million Ponzi scheme through two purported private equity boutiques, saying the appeal appeared to be a delay tactic given its “apparent frivolity.”

  • January 7, 2019

    SFO Trims Bribery Probe Into Rolls-Royce Employees

    The U.K.'s Serious Fraud Office said Monday that it's no longer investigating several former Rolls-Royce employees in connection with a worldwide scheme to bribe government officials, though some individuals are still being probed. 

  • January 7, 2019

    2nd Circ. Upholds Gupta Insider Trading Conviction

    The Second Circuit upheld former Goldman Sachs director Rajat Gupta's insider trading conviction on Monday, rejecting Gupta's claim that the jury instructions at his 2012 trial were invalidated by the appellate court's landmark Newman ruling.

  • January 4, 2019

    Facebook Needn't Meet Criminal Data Demands: DC Court

    The District of Columbia Court of Appeals has drawn back the curtain on its decision last year to reverse an order holding Facebook in contempt for refusing to turn over user data requested by a man facing murder charges, holding that federal law prohibits service providers from disclosing such records in response to criminal defendants' subpoenas.

  • January 4, 2019

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen Natixis sue a Nigerian oil refinery, a Qatar Insurance unit lodge a commercial fraud claim, and Allianz Global Investors take on some of the same major banks the institutional investor has already sued for foreign exchange manipulation in the U.S. Here, Law360 looks at those and other new claims in the U.K.

Expert Analysis

  • A Review Of US Economic Sanctions In 2018

    Ama Adams

    In 2018, the U.S. government strengthened sanctions targeting Iran, Russia and Venezuela, sanctioned an agency of the Chinese government and completed the second largest sanctions-related enforcement action on record. And the evidence suggests 2019 will be equally tumultuous, say attorneys with Ropes & Gray LLP.

  • Opening Comments: A Key Strategic Decision In Mediation

    Jann Johnson

    Opening comments by parties in mediation that are made with the proper content and tone can diffuse pent-up emotion and pave the way for a successful resolution. But an opening presentation can do more harm than good if delivered the wrong way, say Jann Johnson and William Haddad of ADR Systems LLC.

  • 2018 In Review: Significant White Collar Developments At DOJ

    Jason Jones

    As the year comes to a close, attorneys at King & Spalding LLP look back at a few of the most notable developments at the U.S. Department of Justice, including corporate monitor guidance, a False Claims Act policy shift, foreign exchange prosecutions, cryptocurrency fraud and international cooperation developments.

  • Walters Case Commands Tougher Cure For Gov't Misconduct

    Harry Sandick

    In U.S. v. Walters, a Second Circuit panel determined last week that professional gambler William Walters was not prejudiced by repeated FBI leaks of confidential grand jury information. There is a risk that the government may draw the wrong conclusion from this decision, say Harry Sandick and Danielle Quinn of Patterson Belknap Webb & Tyler LLP.

  • Opinion

    Why We Need Anti-Money Laundering Whistleblower Awards

    Eric Havian

    The recent Mossack Fonseca indictments and Deutsche Bank raid would not have been possible without the whistleblower behind the Panama Papers leak. But there is no incentive for rooting out the type of criminal money laundering revealed here, creating a large enforcement gap, say Eric Havian and Michael Ronickher of Constantine Cannon LLP.

  • In-House Counsel’s Role As Whistleblower

    Excerpt from Lexis Practice Advisor
    Devika Kewalramani

    In-house attorneys owe a duty of confidentiality to their corporate clients and are obligated to preserve attorney-client privilege. But they are also likely to be exposed to sensitive internal issues, thereby increasing the potential for circumstances where it might be appropriate to "blow the whistle," says Devika Kewalramani of Moses & Singer LLP.

  • Crypto Addresses As OFAC Identifiers

    Maxwell T.S. Thompson

    Last week, the Office of Foreign Assets Control took the significant step of adding two digital currency addresses to its list of identifiers for certain individuals related to an Iranian hacking enterprise. This should immediately alert entities that transact in digital assets, says Maxwell T.S. Thompson of Murphy & McGonigle PC.

  • A Welcome DOJ Shift On Cooperation Credit

    John Nowak

    Changes announced last week by Deputy Attorney General Rod Rosenstein will likely make it easier for a company to obtain cooperation credit in criminal and civil cases, while also potentially reducing some of the costs and burdens associated with complying with the prior U.S. Department of Justice policy, says John Nowak of Paul Hastings LLP.

  • Series

    Judging A Book: Ginsburg Reviews 'The Curse Of Bigness'

    Judge Douglas Ginsburg

    When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.

  • Opinion

    Jury Saves The Day In Misguided Cannabis Lawsuit

    William Brewer

    It is disturbing that Reilly v. 6480 Pickney — the first civil trial involving the cannabis industry contested on an alleged violation of the Racketeer Influenced and Corrupt Organizations Act — progressed as far as it did before a jury put an end to it in October, say William Brewer and Peter Schwartz of Brewer Attorneys & Counselors.