White Collar Law360 provides breaking news and analysis on corporate crime and enforcement. Coverage includes criminal cases against companies, executives and employees, public officials, lawyers, and law firms, as well as related civil litigation and policy developments.
A Manhattan bankruptcy judge rejected arguments by three “net winners” in the Madoff Ponzi scheme on Friday that he lost authority to hear a $2.8 million clawback action against them when they dropped their own claim against the bankruptcy estate.
The former head of Sadis & Goldberg LLP’s tax and trusts and estates groups was sentenced to just over three years in prison Friday for cheating a dead client’s estate out of $3.7 million through a bogus charity and lying about his income to the IRS.
In a rare public statement on Friday, Special Counsel Robert Mueller’s office challenged a BuzzFeed News report suggesting President Donald Trump had directed his lawyer Michael Cohen to lie to Congress about Russia-related matters.
The New York federal judge who presided over last year’s college basketball corruption trial has criticized the defense team's focus on the fairness of NCAA rules that prevent college players from being paid, saying in a new opinion Thursday that the “amateurism and recruitment rules were not on trial” and expert testimony on the issue could have led the jury to rule on “perceived economic unfairness.”
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.