X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Brad Karp of Paul Weiss. Photo: David Handschuh/ALM

Embattled auto industry titan Carlos Ghosn has hired top-gun corporate defense lawyers Brad Karp and Michael Gertzman of Paul, Weiss, Rifkind, Wharton & Garrison in New York to fight allegations that he underreported his income and misused company money, according to a source familiar with the matter.

Japanese authorities arrested Ghosn in Tokyo on Nov. 19 while investigating accusations that he failed to report income that he received over a five-year span that began in fiscal year 2010, according to a statement from Nissan Motor Co., which conducted an internal probe based on a whistleblower report. Prosecutors allege that Ghosn underreported about $44 million over five years, according to the Financial Times. He’s also accused of using about $18 million in company money to buy several homes and pay his sister for sham consulting jobs, The Wall Street Journal reported.  

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Phillip Bantz

Phillip Bantz is a reporter for Corporate Counsel. Follow him on Twitter @PhillipBantz.

More from this author

Law Firms Mentioned

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

The Foreign Corrupt Practices Act: Compliance, Investigations and EnforcementBook

The authors, expert practitioners specializing in FCPA cases, reveal numerous hidden pitfalls and provide helpful guidance for attorneys dealing with almost any FCPA-rel...

Get More Information
 

The Asia Legal Awards 2021Event

Where the region's top lawyers, law firms and in-house teams will gather to celebrate their most stellar achievements of the year.

Get More Information
 

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information
 

The American Lawyer Industry Awards 2021Event

Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.