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Lawyers Spar Over KPMG Legal Defense Fee Policy
In a Monday hearing, a prosecutor insisted the government never demanded or implied that KPMG cut off legal fees for employees who refused to fully cooperate with its probe into allegedly illegal tax shelters. Defense lawyers for the 18 people charged in the massive tax shelter case claim that the government used deferred prosecution as an incentive to improperly force KPMG to abandon its longstanding practice of paying attorney fees for partners and employees.City Leasing Trends: Recapping and Projecting
Bradley A. Kaufman, a partner at Pryor Cashman, writes: If I, and everyone reading this article, had a nickel for every time in 2008 we heard the phrase, "I have never seen this before in ___ years in the business," we all might have enough money to offset the significant losses to our respective financial portfolios resulting from the plunge in the financial markets. What is in store for us 2009?Ruling a Win for Foes of DOJ Memo
A federal judge made defense lawyers very happy when he ruled that a policy on corporate investigations violated employees' rights.Judge: Evidence Shows Government Influenced KPMG's Defense Fees Policy
New York federal Judge Lewis Kaplan had some strong words for a prosecutor on Wednesday as he wrapped up a hearing on whether the government coerced KPMG into threatening to cut off legal fees for employees and partners who refused to cooperate with an investigation into allegedly illegal tax shelters. Kaplan indicated that he did not believe that KPMG capped or cut off legal fees to non-cooperators on its own and that the evidence showed the government used a whiphand to influence policy at the firm.Judge: Evidence Shows Government Influenced KPMG's Defense Fees Policy
New York federal Judge Lewis Kaplan had some strong words for a prosecutor on Wednesday as he wrapped up a hearing on whether the government coerced KPMG into threatening to cut off legal fees for employees and partners who refused to cooperate with an investigation into allegedly illegal tax shelters. Kaplan indicated that he did not believe that KPMG capped or cut off legal fees to non-cooperators on its own and that the evidence showed the government used a whiphand to influence policy at the firm.Indicted Ex-KPMG Employees Sue Company for Legal Fees
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