The U.S. Court of Appeals for the Second Circuit on Friday allowed Manhattan federal prosecutors to garnish more than $700,000 from two retirement accounts of a former Sullivan & Cromwell partner, after he stopped paying restitution following his 2011 conviction on federal tax charges.
The ruling, from a three-judge panel of the Manhattan-based appeals court, noted that the attorney, John O’Brien, still owed nearly all of his $2.8 million restitution, and directed his former firm to produce the retirement funds to the federal government in one lump-sum payment.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]