When the troubled private-security company formerly known as Blackwater USA was sold to a group of investors in 2010, the new owners changed the name and brought in a new in-house legal team to clean up the company’s lingering legal woes and create a new culture of compliance.
They turned to crisis expert and former O’Melveny & Myers lawyer Suzanne Rich Folsom, whom American International Group Inc. had hired in 2008 to lead the cleanup of the bailed-out insurance giant. When Folsom moved to the McLean, Va.-based security firm as chief compliance officer, she brought along two colleagues from AIG: former Hogan Lovells associate Victoria McKenney and former Gibson, Dunn & Crutcher associate Patrick Speice.
