January 26, 2018 | New York Law Journal
Traversing the Minefields: Outside Counsel May Face Criminal Liability in Complex Business CasesWhen a complex transaction directed by a CEO or CFO is later deemed criminal and the executive is charged, what exposure could outside counsel face having advised and presumably approved the transaction? Similarly, when working with high-ranking executives at a company, when does outside counsel have an obligation to report and update a company's board of directors regarding their work for the CEO on behalf of the company?
By Todd Blanche and Kyle DeYoung
9 minute read
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