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August 31, 2005
The David Boies Copy Club
Let's see if we can keep this all straight.
David Boies -- who champions himself as an advocate of honest corporate governance -- was Tyco's outside counsel in connection with investigating corporate fraud by Tyco management, and one of the prosecution's main witnesses in the corporate fraud trial against former Tyco executives Dennis Kozlowski and Mark Swartz.
On the other hand, Mr. Boies is one of the members of Maurice "Hank" Greenberg's defense team in connection with defending Mr. Greenberg from Eliot Spitzer's allegations that Mr. Greenberg perpetrated fraud at AIG.
In the meantime, Mr. Boies just resigned as special counsel for Adelphia for violating the Bankruptcy Code and Rules by failing to disclose to the Adelphia Bankruptcy Court that members of his family indirectly own a substantial interest in a document management services company that did between $5 and $10 million of business with Adelphia. Apparently, other clients of Mr. Boies' firm also have paid substantial sums to the document management company without knowing of the affiliation to Mr. Boies' family members.
This Wall Street Journal ($) article has more, as does Larry Ribstein.
Posted by Tom at August 31, 2005 05:56 AM
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Famed attorney David Boies "champions himself as an advocate of honest corporate governance," notes Tom Kirkendall (Aug. 31), so it's more than a little piquant that Boies "just resigned as special counsel for Adelphia for... [Read More]
Tracked on September 1, 2005 09:45 PM
� A Boies cookie jar from Overlawyered
Famed attorney David Boies "champions himself as an advocate of honest corporate governance," notes Tom Kirkendall (Aug. 31), so it's more than a little piquant that Boies "just resigned as special counsel for Adelphia for... [Read More]
Tracked on September 12, 2005 01:30 PM