Miami law firm eyed in Stanford scandal
Law Firm News
A Miami law firm allegedly helped jailed financier R. Allen Stanford establish an unregulated money pipeline to Antigua, The Miami Herald reported Sunday.
The newspaper said in 1998 the firm of Greenberg Traurig helped Stanford, who is charged with running a $7 billion Ponzi scheme, in create a pipeline between Miami and Antigua that became a cornerstone of Stanford's banking empire. That relationship has reportedly been targeted by a court-appointed receiver that is trying to recover money for Stanford's alleged victims.
The Herald said Greenberg Traurig helped Stanford set up a special trust office in Miami that could move millions of dollars overseas without having to report anything to the government.
The firm also allegedly helped Stanford institute changes in Antigua's banking system after a series of money laundering scandals prompted the U.S. Treasury to consider blacklisting all offshore institutions in the Caribbean island, officials say.
Related listings
-
Atlanta Law Firm Foundation Aids Flood Victims
Law Firm News 09/29/2009The national law firm Fisher & Phillips LLP announced today that a foundation it established following Hurricane Katrina in 2005 is helping its attorneys and staff affected by the recent devastating floods in Georgia. The firm is currently accept...
-
Newport News firm a big donor for Democrats
Law Firm News 09/28/2009Newport News law firm Consumer Litigation Associates typically doesn't cut a high political profile.But in this year's slate of elections, the Peninsula firm is suddenly a major player, donating almost $380,000 primarily to Democratic candidates.The ...
-
Gates Gains While Other Law Firms Suffer
Law Firm News 09/25/2009Like most law firms, K&L Gates LLP faces headwinds. The recession has cut demand for many corporate legal services, including work on mergers, real estate and corporate finance. In turn, profits at firms across the country have plummeted, forcing...
New York Commercial Litigation Law Firm - Woods Lonergan PLLC
Founded in 1993 by Managing Partner James F. Woods, Woods Lonergan PLLC has built a strong reputation as a resourceful and industrious firm that provides clients with clear, concise, and straightforward answers to their most challenging legal issues. Partner Lawrence R. Lonergan, who joined the firm in 2008, has been a friend and colleague to Mr. Woods for over 40 years and shares the same business philosophy. Woods Lonergan PLLC’s collective experience and expertise enables the firm to expeditiously and effectively analyze the increasing challenges clients face in an evolving business and legal world, in many instances, avoiding unnecessary time and expense to our clients. Our mission is simple: provide cutting-edge expertise and sound advice in select areas of the law for corporate and business clients. We thrive on providing each client with personalized attention, forceful representation, and a collaborative team effort that embraces collective knowledge.