Judges to Weigh MBIA Restructuring, Liability for 1993 WTC Bombing
Dueling Suits Between Firm, Ex-Partner Are Dismissed
Ninth Circuit OKs Coordinated Civil/Criminal Probes
Sung-Hee Suh, a partner at Schulte Roth & Zabel, and Harry Sandick, special counsel to the firm, write that New York SEC attorneys and federal prosecutors have been generally careful to keep the parallel tracks of the investigation from merging or have conducted joint investigations openly, so that potential defendants are aware of the risks. Only time will tell whether a recent appellate decision will be taken as invitation to expand the use of civil investigations as stalking horses for criminal probes.Trending Stories
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