White-Collar

Overview


Best Law Firms 2018, Client Reference

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 After Emerald’s gaming license was revoked, the company filed for bankruptcy.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

People


A diverse, global network of industry-leading talent committed to you and your vision.

Key Contacts


Gordon A. Greenberg

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White-Collar

Insights & Events / Media

March 2015

ABA 2014 Annual Broker-Dealer Survey

December 16, 2014

Second Circuit’s Newman Decision: Key Implications for the Defense Bar

April 2, 2014

Violations of FDA Safety Regulations Do Not Give Rise to False Claims

February 4, 2014

The PCAOB Mission: Improving Audit Quality via Enforcement, Standards & Inspections

February 3, 2014

1st Circ. Holds FCA Relator’s Feet To The Rule 9(b) Fire

January 2014

ABA 2013 Annual Broker-Dealer Survey

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