McDermott White Collar Lawyers | Securities Defense Team

Investigations & White-Collar Defense


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.

McDermott’s white-collar and securities defense team includes highly experienced lawyers in offices throughout the United States and abroad. We have tried hundreds of cases in federal and state courts, earning us consistent recognition by legal and industry directories such as Chambers USA, US News-Best Lawyers, Benchmark Litigation, and The Legal 500.

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  • 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 After Emerald’s gaming license was revoked, the company filed for bankruptcy.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.


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