DOJ Announces Revisions to Corporate Criminal Enforcement Policies

Earlier this month, DOJ announced additional revisions to the Department’s existing policies and practices governing corporate criminal enforcement. Each of these revisions will soon find its way into DOJ’s Justice Manual. Here are the most important takeaways: Guidance on Individual Accountability. DOJ’s top priority in prosecuting corporate criminal matters is to deter future bad acts […]

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What Is The Automatic Stay And How Does It Work?

The instant a bankruptcy is filed, a “stay” usually goes into effect, restraining creditors (those owed money or property) from taking certain actions against the debtor (the person or entity that filed for bankruptcy) or against “property of the estate.”  This stay is “automatic” as it happens as a function of the law, without any […]

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John Woodman Quoted by WSOC-TV Regarding David Tepper’s Real Estate Company’s Bankruptcy

Bankruptcy partner John Woodman was recently interviewed for a WSOC-TV article covering the bankruptcy filing of David Tepper’s real estate company. GT Real Estate Holdings said the bankruptcy was filed in connection with the failed practice facility project in Rock Hill. In the article, John commented about the bankruptcy process and what we should expect […]

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DOJ Announces Early Targets of Task Force KleptoCapture, Elite Anti-Money Laundering Initiative Established to Halt Russian Oligarchs and their Co-Conspirators in the International “Invisible Economy”

In late May, a court in the Pacific island nation of Fiji upheld on appeal the detention of the 348-foot Amadea, reportedly owned by Russian oligarch Suleiman Kerimov, whose wealth largely derives from his 76% stake in Russia’s biggest gold producer, Polyus.  The United States Treasury sanctioned Kerimov in 2018 for alleged money laundering related to the purchase of French […]

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Patrick M. Mincey: White Collar Practice on the World’s Stage

In the fall of 2019, Cranfill Sumner LLP white collar attorney Patrick M. Mincey got a call from a man who was scared. His name was Mark Coffey, he worked in finance, and he needed a lawyer for a case with international repercussions. Mincey was all ears. “Mark’s case is a microcosm of what I […]

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DOJ Announces Early Targets of Task Force KleptoCapture, Elite Anti-Money Laundering Initiative Established to Halt Russian Oligarchs and their Co-Conspirators in the International “Invisible Economy”

In late May, a court in the Pacific island nation of Fiji upheld on appeal the detention of the 348-foot Amadea, reportedly owned by Russian oligarch Suleiman Kerimov, whose wealth largely derives from his 76% stake in Russia’s biggest gold producer, Polyus.  The United States Treasury sanctioned Kerimov in 2018 for alleged money laundering related to the purchase of French […]

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Evolving DOJ Enforcement Trends: Considerations for White Collar Practitioners and Their Clients

In September 2020, Patrick Mincey and I presented on the changes and trends we expected to see in SEC and DOJ enforcement of white-collar cases.  We cautioned our clients that the government was going to shift its focus and efforts towards C-suite executives, corporate gatekeepers and inadequate or poorly-designed corporate compliance programs.  While our clients’ investigative matters and reported […]

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Heather Culp Quoted by WSOC-TV Regarding Likely Epicentre Foreclosure

Bankruptcy partner Heather Culp was recently interviewed for a WSOC-TV article covering the foreclosure proceedings of Charlotte’s Epicentre. In the interview, Heather described the process of the court putting the Epicentre up for auction and using a receiver to collect rent from tenants. She commented, “If they are successful, an order will be filed by […]

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A Message From Our Managing Partner – Coronavirus

Essex Richards is responding to the rapidly changing impact of the coronavirus (COVID-19) epidemic by taking steps to ensure that our firm will continue to provide the timely and quality legal services and advice our clients need and deserve. We take seriously this community’s commitment – and our firm’s responsibility — to fight the spread […]

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