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Pensions and Restitution

Being a white-collar defendant is very expensive. Just the cost of putting up a serious defense is more than most business executives can bear, and whether companies must pay their ex-employees' legal fees has been hotly litigated in the much discussed KPMG tax shelter case in the Southern District of New York. Meanwhile, an important <i>en banc</i> decision of the Ninth Circuit addresses the financial impact on individuals at the other end of the criminal process: whether pension trust funds may be reached to satisfy a criminal judgment of restitution.

21 minute readAugust 29, 2007 at 09:06 AM
By
Howard W. Goldstein
Pensions and Restitution

Being a white-collar defendant is very expensive.

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