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The role of the legal department at bankrupt WorldCom Inc. was laid bare in two investigative reports that detail striking governance lapses. The two reports, from Wilmer, Cutler & Pickering and Kirkpatrick & Lockhart, paint a picture of a splintered legal department that failed as a safeguard against apparent misconduct by board members and senior managers, most notably ousted chief executive Bernard Ebbers.
June 16, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
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