Colletti Bianchi

Overview


Companies and their executives now face increased scrutiny wherever they have interests and operations. Whistleblower lawsuits are growing at an unprecedented rate. Clients need legal advisors who can help identify and address potential compliance risks, respond in the event of a government investigation, and defend qui tam actions, criminal charges and parallel proceedings. McDermott can provide skilled legal counsel to assist clients facing scrutiny by government agencies over their business practices.

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Results


  • Represented the estate of Donald Flynn, the controlling shareholder of Emerald Casino, a company which owned the last casino license issued by the State of Illinois. After Emerald’s gaming license was revoked, the company filed for bankruptcy. The bankruptcy trustee sued Flynn and other officers and directors seeking over $520 million in damages. As a result of a bench trial in federal court, the Flynn estate prevailed on the trustee’s breach of fiduciary duty claim and trustee’s challenges to Flynn’s claims for amounts the company owed him; obtained a ruling barring the opinion of the trustee’s purported damages expert; and secured a ruling rejecting joint liability and setting damages at $45 million, less than 10 percent of the amount the trustee sought.

Colletti Bianchi

Insights & Events / Media

Chicago / Securities and Exchange Commission Historical Society / October 21, 2019

Chicago, Illinois / Speaking Engagements / September 5, 2019

On the Subject / August 20, 2019

Healthcare Enforcement Quarterly Roundup / August 15, 2019

Healthcare Enforcement Quarterly Roundup / Q4 2018 | January 2019

San Francisco, California / Speaking Engagements / May 2017

On the Subject / November 29, 2018

Healthcare Enforcement Quarterly Roundup / Q3 | September 2018

On the Subject / September 10, 2018

Philadelphia, Pennsylvania / Speaking Engagements / July 24, 2018

Healthcare Enforcement Quarterly Roundup / Q2 | July 2018

Webinar / McDermott Event / July 17, 2018

Healthcare Enforcement Quarterly Roundup / Q1 | April 2018

Webinar / McDermott Event / April 17, 2018

Washington, District of Columbia / Speaking Engagements / November 2-5, 2017

Ohrid, Macedonia / Speaking Engagements / November 2-3, 2017

Today’s General Counsel / Fall 2017

Independence Institute / September 25, 2017

Boston, Massachusetts / Speaking Engagements / June 14, 2017

Sacramento, California / Speaking Engagements / June 13, 2017

Chicago, Illinois / Speaking Engagements / June 7, 2017

Waltham, Massachusetts / Speaking Engagements / April 20, 2017

Boston, Massachusetts / Speaking Engagements / April 6-8, 2017

Boston, Massachusetts / Speaking Engagements / April 4, 2017

Boston, Massachusetts / Speaking Engagements / March 15, 2017

Corporate Law & Governance Newsletter / February 2017

Boston, Massachusetts / Speaking Engagements / February 7, 2017

Tax Notes / State Tax Notes / January 23, 2017

Corporate Law & Governance Newsletter / January 2017

AHLA Weekly (American Health Lawyers Association) / December 9, 2016

Pubblicazioni / December 2016

Harvard Law School Forum on Corporate Governance and Financial Regulation / October 11, 2016

Law360 / September 23, 2016

International News / Fall 2016

Harvard Law School Forum on Corporate Governance and Financial Regulation / April 28, 2016

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