News

• Kenneth Werner quoted in Compliance Week
  On March 2, 2010, Richards Kibbe & Orbe LLP partner Kenneth E. Werner was quoted in the Compliance Week article "IRS Preps Push to Disclose Uncertain Tax Positions," which describes the new proposal by the IRS to have companies disclose...
  March 2010
  
  
• William Barry quoted in Compliance Week
  On March 2, 2010, Richards Kibbe & Orbe LLP partner William P. Barry was quoted in the Compliance Week article "DoJ Tells Pharma to Brace for FCPA," which discusses the strong warning the Department of Justice recently issued to those...
  March 2010
  
  
• Jon Kibbe's testimony in hearing regarding Bankruptcy Rule 2019 quoted in BusinessWeek
  On February 5, 2010, BusinessWeek quoted the testimony of Richards Kibbe & Orbe partner Jon Kibbe, who appeared before the Committee on Rules of Practice and Procedure of the Judicial Conference United States focused on controversial pending amendments to Bankruptcy...
  February 2010
  
  
• RK&O and the Brennan Center file an amicus brief on behalf of sixty-two former prosecutors in the New York Court of Appeals case of Hurrell-Harring v. State
  Richards Kibbe & Orbe LLP served as co-counsel with the Brennan Center for Justice at New York University School of Law and filed an amicus brief before the New York Court of Appeals in the case of Hurrell-Harring v. New...
  February 2010
  
  
• Jon Kibbe quoted on Law360
  Richards Kibbe & Orbe LLP partner Jon Kibbe was quoted in the Law360 article "Investors Alarmed As Rule 2019 Uncertainty Persists," which discusses the controversial pending amendments to Rule 2019 and the negative impact the proposed changes would have on...
  January 2010
  
  
• William Barry provides commentary in BNET article "Changing The Focus Of The Foreign Corrupt Practices Act"
  Richards Kibbe & Orbe LLP partner William P. Barry was quoted in the BNET article "Changing The Focus Of The Foreign Corrupt Practices Act," which discusses the shift in focus of the Foreign Corrupt Practices Act prosecutions targeting employees, rather...
  January 2010
  
  
• Jon Kibbe and Michael Friedman mentioned in the Financial Times
  Jon Kibbe and Michael Friedman were mentioned in the January 26, 2010 Financial Times article "Bankruptcy Rules Committee rethinks 2019 pricing disclosure amid HF panic attack." The two Richards Kibbe & Orbe LLP partners were included in a list of...
  January 2010
  
  
• Louisa Watt and Roxanne Yanofsky mentioned in the Creditflux article "New secondary loan standards are a big change, says law firm"
  The January 27, 2010 Creditflux article "New secondary loan standards are a big change, says law firm" referenced content from a recent memorandum authored by Louisa Watt and Roxanne Yanofsky of the London office of Richards Kibbe & Orbe LLP....
  January 2010
  
  
• William Barry quoted in The Wall Street Journal Law Blog article "The 'Catch 22' Bust: Some Early Takeaways for FCPA Junkies"
  Richards Kibbe & Orbe LLP partner William P. Barry was quoted in The Wall Street Journal Law Blog article "The 'Catch 22' Bust: Some Early Takeaways for FCPA Junkies," which discusses the rapid rise in Foreign Corrupt Practices Act prosecutions...
  January 2010
  
  
• RK&O preparing amici brief with Brennan Center in Hurrell-Harring v. State
  Richards Kibbe & Orbe LLP is serving as co-counsel with The Brennan Center for Justice at New York University School of Law in preparing an amici brief of behalf of former prosecutors in support of the plaintiffs' appeal in Hurrell-Harring...
  January 2010
  
  
• "Distressed Investor Alert" quoted in the Financial Times
  The Financial Times has quoted the recent "Distressed Investor Alert" memorandum authored by Richards Kibbe & Orbe LLP attorneys Jon Kibbe, Michael Friedman and Keith N. Sambur. Click here to read the Financial Times article "US distressed debt industry faces...
  January 2010
  
  
• James Walker quoted in the ABA/BNA "Lawyers' Manual of Professional Conduct"
  James Q. Walker was quoted in the January 6, 2010 article "Lawyers' Manual on Professional Conduct" published by the American Bar Association and the Bureau of National Affairs. The article discusses the New York City Bar's "Report on the Outsourcing...
  January 2010
  
  
• "Distressed Investor Alert: Revisions to Bankruptcy Rule 2019 Will Discourage Active Involvement in U.S. Bankruptcy Cases" by Jon Kibbe, Michael Friedman and Keith Sambur referenced in The Wall Street Journal "Bankruptcy Beat"
  "Distressed Investor Alert: Revisions to Bankruptcy Rule 2019 Will Discourage Active Involvement in U.S. Bankruptcy Cases," authored by Richards Kibbe & Orbe LLP attorneys Jon Kibbe, Michael Friedman and Keith N. Sambur, was referenced in an article appearing in the...
  January 2010
  
  
• Shari Brandt and James Walker give insight on regulatory challenges for public companies in Financier Worldwide
  In its January 2010 issue, Financier Worldwide has gathered the opinions of the corporate advisory and dealmaking community to explore their insights into current and emerging trends in its "Market Outlook 2010." Shari A. Brandt and James Q. Walker are...
  January 2010
  
  
• "Big Boys Don't Cry: How "Big Boy" Provisions Can Help Hedge Fund Managers Avoid Liability for Insider Trading Violations" by Brian S. Fraser and Tamala Newbold published in The Hedge Fund Law Report
  "Big Boys Don't Cry: How "Big Boy" Provisions Can Help Hedge Fund Managers Avoid Liability for Insider Trading Violations" authored by Richards Kibbe & Orbe attorneys Brian S. Fraser and Tamala Newbold was published in the December 3, 2009 edition...
  January 2010
  
  
• Eva Marie Carney quoted in Hedge Funds Review
  Richards Kibbe & Orbe partner Eva Marie Carney was quoted in the November 9, 2009 edition of Hedge Funds Review. The article, "Administrators respond to regulatory change," describes the potential impact of several legislative proposals before Congress that would force...
  December 2009
  
  
• Craig Newman quoted in InsideCounsel magazine
  Richards Kibbe & Orbe partner Craig A. Newman was quoted in the January 1, 2010 edition of InsideCounsel magazine. The article, "Waive the Flag: Bank of America case has companies reconsidering what is privileged," discusses the impact of the attorney-client...
  December 2009
  
  
• Michael Mann named one of Washington's Top Lawyers by Washingtonian Magazine
  Richards Kibbe & Orbe partner Michael D. Mann was named one of Washington's Top Lawyers by Washingtonian Magazine. The publication acknowledges Washington D.C.'s top 1 percent of lawyers in 28 specialties. Mr. Mann was recognized the area of Securities. Click...
  December 2009
  
  
• "When Do Hedge Fund Managers Have a Duty to Disclose Material, Nonpublic Information?" by Brian S. Fraser and Tamala Newbold published in The Hedge Fund Law Report
  "When Do Hedge Fund Managers Have a Duty to Disclose Material, Nonpublic Information?" authored by Richards Kibbe & Orbe attorneys Brian S. Fraser and Tamala Newbold was published by The Hedge Fund Law Report in the November 19, 2009 edition....
  December 2009
  
  
• "Responses and Strategies In Dealing With a Changed SEC" by Arthur Greenspan published in the New York Law Journal
  In the wake of recent developments regarding the SEC, Mr. Greenspan’s article for the New York Law Journal discusses practical guidelines, applicable generally to financial and other companies, for dealing effectively with the agency in the context of an enforcement...
  December 2009
  
  
• Michael Mann quoted in Fund Strategy magazine
  Richards Kibbe & Orbe Partner Michael D. Mann was quoted in the December 7, 2009 edition of Fund Strategy magazine. The article, "Shipwrecked," discusses the extent of insider trading in the US markets and the difficulties of identifying and prosecuting...
  December 2009
  
  
• "US securities fraud jurisdiction over transnational transactions is extensive but uncertain, and may be on the cusp of change" by Lucinda McConathy published in Financier Worldwide magazine
  The United States Supreme Court recently granted a petition for certiorari in a case with potential ramifications for transnational securities trading around the globe, a so-called "foreign-cubed" case in which foreign plaintiffs bought stock of a foreign company on a...
  December 2009
  
  
• MaryJeanette Dee quoted in InsideCounsel magazine
  Richards Kibbe & Orbe Partner MaryJeanette Dee was quoted in the InsideCounsel article "Full Disclosure: 9th Circuit Restores Conventional Wisdom on Privilege." In this article, she comments on the need for clarity and consistency when administering Upjohn warnings to inform...
  December 2009
  
  
• James Walker quoted in Financier Worldwide
  Richards Kibbe & Orbe Partner James Q. Walker was quoted in the Financier Worldwide article "Professional liability in a distressed market," which discusses the increased vulnerability to transactional liability that lawyers have experienced as investors seek to reap compensation for...
  October 2009
  
  
• Kenneth Werner comments appear in The Hedge Fund Law Report
  Richards Kibbe & Orbe Partner Kenneth E. Werner was quoted in an article titled "Implications of Recent IRS Memorandum on Loan Origination Activities for Offshore Hedge Funds that Invest in U.S. Debt" published in The Hedge Fund Law Report. The...
  October 2009
  
  
• Richards Kibbe & Orbe Attorneys Recognized as 2009 Super Lawyers
  Richards Kibbe & Orbe LLP is pleased to announce today that attorneys MaryJeanette Dee, Arthur S. Greenspan, Jon Kibbe, Michael D. Mann, William Q. Orbe, Lee S. Richards, James Q. Walker, and Daniel C. Zinman were named 2009 New York...
  October 2009
  
  
• Kenneth Werner quoted in American Banker
  Richards Kibbe & Orbe Partner Kenneth E. Werner was quoted in the American Banker article "Outcomes, Not Incomes, Steer Comp Debate" and in an accompanying piece titled "Ideas in Contention as Compensation Fix." "Outcomes, Not Incomes, Steer Comp Debate" explains...
  October 2009
  
  
• Lucinda McConathy quoted in Law360 article "Court Says Champerty Can't Curb Debt Buyers' Rights."
  Richards Kibbe & Orbe Partner Lucinda O. McConathy was quoted in the Law360 article "Court Says Champerty Can't Curb Debt Buyers' Rights." The article describes the impact of the New York Court of Appeals' recent ruling clarifying the limits of...
  October 2009
  
  
• Kenneth Werner quoted on Bloomberg.com
  Richards Kibbe & Orbe Partner Kenneth E. Werner was quoted in the Bloomberg.com article "IRS Tells Auditors to Look at Loans by Offshore Funds," discussing the Internal Revenue Service's recent letter concerning whether the lending activities of a foreign company...
  October 2009
  
  
• Ruling in 9/11 property damage litigation may end Larry Silverstein's pursuit of billions in damages
  On October 1, 2009, the United States District Court for the Southern District of New York, which is presiding over all of the wrongful death and property damage claims arising from the terrorist attacks on 9/11, issued a ruling that...
  October 2009
  
  
• "Unanimous Lender Consent Provisions: Protection?" by Nicholas Whitney and Keith Sambur appears on Law360
  "Unanimous Lender Consent Provisions: Protection?," authored by Richards Kibbe & Orbe attorneys Nicholas A. Whitney and Keith N. Sambur, was published on the Law360 website and was also featured in both its Bankruptcy and its Corporate Finance newsletters on September...
  September 2009
  
  
• New York Court of Appeals hears oral argument regarding an amicus curiae brief filed by RK&O Partners Brian Fraser and Lucinda McConathy on behalf of the LSTA
  On September 9, 2009, the New York Court of Appeals heard an oral argument concerning the proper interpretation of New York’s champerty statute in a case in which Richards Kibbe & Orbe Partners Brian Fraser and Lucinda McConathy filed an...
  September 2009
  
  
• New York Court of Appeals grants application to file an amicus curiae brief submitted by RK&O Partners Brian Fraser and Lucinda McConathy on behalf of the LSTA
  On August 27, 2009, New York's highest court, the Court of Appeals, granted an application to file an amicus curiae ("friend of the court") brief submitted by Richards Kibbe & Orbe litigation partners Brian S. Fraser and Lucinda O. McConathy...
  September 2009
  
  
• Lee S. Richards Recognized in the 2010 Edition of The Best Lawyers in America
  Richards Kibbe & Orbe LLP is proud to announce that Lee S. Richards has been included in the 2010 edition of The Best Lawyers in America® in the areas of Corporate Governance and Compliance Law and White-Collar Criminal Defense. The...
  September 2009
  
  
• Chambers USA Recognizes Richards Kibbe & Orbe and Highlights Firm’s Prowess in Financial and Corporate Litigation and White Collar Regulatory Matters
  Richards Kibbe & Orbe LLP has been recognized in Chambers USA: America’s Leading Lawyers for Business 2009. Chambers publishes the world’s leading guide to the legal profession and has a long standing reputation for in-depth, objective research. Named a “highly...
  September 2009
  
  
• Michael Mann quoted in CFO.com article
  Richards Kibbe & Orbe Partner Michael Mann was quoted in the CFO.com article "Getting (and Giving) the Message," discussing the importance of taking a proactive approach to the development of policies for internal and external corporate communications to ensure that...
  August 2009
  
  
• Kenneth Werner quoted in InvestmentNews
  Richards Kibbe & Orbe Partner Kenneth Werner was quoted in the InvestmentNews article "Financial industry faces greater scrutiny on pay," discussing the efforts by Congress to toughen restrictions on executive compensation and the effect this legislation could have on pay...
  August 2009
  
  
• "Equity Kickers: Extra Point for Lenders," by Sharifi, Do and Hsieh, published in The Secured Lender
  "Equity Kickers: Extra Point for Lenders," authored by Richards Kibbe & Orbe attorneys Jahangier Sharifi, Thao Do and Jenny Hsieh, was published in the July/August issue of The Secured Lender. The article outlines the key issues lenders should focus on...
  July 2009
  
  
• Lee Richards Recognized as a Top Lawyer by Two Publications and Interviewed on National Public Radio in June
  This month Richards Kibbe & Orbe Partner Lee Richards was identified as one of less than a dozen “Leading Lawyers” nationwide in the area of white-collar criminal defense by The Legal 500. He was also named in The Best Lawyers...
  June 2009
  
  
• William Barry Contributes to "U.S. and International Anti-Money Laundering Developments" in The International Lawyer
  Richards Kibbe & Orbe Partner William Barry acted as contributing author to The International Lawyer, an award-winning quarterly legal journal of the International Law Section of the American Bar Association. Mr. Barry's work was featured in the Anti-Money Laundering Year...
  June 2009
  
  
• Julia Lu Fu quoted in Financier Worldwide
  Richards Kibbe & Orbe Partner Julia Lu Fu was quoted in the Financier Worldwide article "Regulating Credit Default Swaps," discussing the risks imbedded in the credit default swaps market and the future of market regulations. Click here to read "Regulating...
  June 2009
  
  
• Lee Richards Appointed Receiver in SEC v. Nicholson Securities and Wire Fraud Case
  March 5, 2009 (New York, NY) – Lee Richards, one of Richards Kibbe & Orbe LLP's founding partners, was recently appointed receiver by the United States District Court for the Southern District of New York in the SEC vs. James...
  March 2009
  
  
• Lee Richards Highlighted in Wall Street Journal Article on Madoff
  February 27, 2009 (New York, NY) – Lee S. Richards, one of Richards Kibbe & Orbe's founding partners and the court-appointed receiver for Madoff Securities International Ltd., was highlighted in today's Wall Street Journal regarding the highly publicized Bernard Madoff...
  February 2009
  
  
• Richards Kibbe & Orbe Names Two New Counsel
  Richards Kibbe & Orbe, LLP (RK&O) is pleased to announce that Sarah Swanz has been elected Counsel and Wendy Harris has recently joined the firm as Counsel. Both attorneys are active in the firm’s growing litigation practice. Sarah Swanz joined...
  February 2009
  
  
• Federal Court Limits Aviation Defendants’ Potential Liability in 9/11 World Trade Center Litigation
  Judge Alvin K. Hellerstein of the United States District Court for the Southern District of New York has issued an opinion limiting the damages World Trade Center lessee Larry Silverstein can recover from airlines and others in a lawsuit arising...
  January 2009
  
  
• UPDATE: Using Incremental Facilities to Exchange Bond Indebtedness - The Realogy Decision
  On December 17, 2008, we distributed a memorandum entitled “Using Incremental Facilities to Exchange Bond Indebtedness”. As noted in the memorandum, a lawsuit was filed by the Trustee with respect to the Indenture for Realogy’s unsecured “PIK toggle” notes and...
  January 2009
  
  
• Scott Budlong Joins Richards Kibbe & Orbe LLP as a Partner
  Richards Kibbe & Orbe is pleased to announce that Scott Budlong has joined the firm as a partner in the Corporate Department, effective July 21, 2008. Mr. Budlong was previously Chief Securities and Governance Counsel at Marsh & McLennan. Prior...
  August 2008
  
  
• Richards Kibbe & Orbe Achieves Recognition in Chambers USA: America’s Leading Lawyers for Business 2008
  Richards Kibbe & Orbe LLP has been accorded recognition in Chambers USA: America’s Leading Lawyers for Business 2008, released today. RK&O was named a “highly regarded” firm in “Litigation: General Commercial.” In particular, Chambers singled out Lee Richards as “building...
  June 2008
  
  
• The Legal 500 Refers to Richards Kibbe & Orbe LLP’s White-Collar Criminal Defense Practice as Having an “Excellent Relationship With Regulators”
  We are pleased to announce that Richards Kibbe & Orbe LLP has been ranked by the 2008 edition of “The Legal 500” in the Litigation: White-Collar Criminal Defense category. The Legal 500 is a guide to the “best of the...
  June 2008
  
  
• Recent Successes: RK&O Secures Dismissal of Directors of Foreign Company from U.S. Securities Lawsuit
  RK&O secured the dismissal with prejudice of a lawsuit asserted against directors of TIM Hellas, a Greek mobile phone concern. The lawsuit was filed in U.S. District Court for the Southern District of New York by an ADR-holder who alleged...
  May 2008
  
  
• Recent Successes: RK&O Files Successful Amicus Brief with United States Supreme Court
  In September, RK&O submitted an amicus brief to the United States Supreme Court on behalf of a bipartisan group of economists and public policy experts in Department of Revenue of Kentucky v. Davis (No. 06-666). The case involved a constitutional...
  May 2008
  
  
• RK&O Legal Team Wins Pro Bono Guardianship Decision for Washington D.C. Family
  Thanks to the work of Jeff Lehtman, Alon Cohen and Katie Collins, two young girls now have a stable, loving place to live. On April 25, 2008, D.C. Superior Court Judge Linda K. Davis granted permanent guardianship of two sisters,...
  April 2008
  
  
• Partner Eva Marie Carney Elected Member of First Legislature For Citizen Potawatomi Nation
  Washington, D.C. - Richards Kibbe & Orbe LLP is pleased to announce the election of our partner, Eva Marie Carney, as a legislator in the newly-formed 16-member legislature of the Citizen Potawatomi Nation. The Nation is headquartered in Shawnee, Oklahoma...
  April 2008
  
  
• Recent Successes: RK&O Secures Dismissal of Hedge Fund Client from Multi-District Class Action Litigation
  On February 15, 2008, RK&O secured the voluntary dismissal with prejudice of securities fraud claims against our hedge fund client, Veras Investment Partners, LLC. Veras had been sued by a purported class of investors in the Alger mutual fund family...
  February 2008
  
  
• Jennifer K. Grady, Timothy E. Lin, Louisa Watt and Nicholas A. Whitney Named Partners of the Firm
  New York, NY – Richards Kibbe & Orbe LLP is pleased to announce the election of four new partners to the firm, effective January 1, 2008. Jennifer K. Grady, Timothy E. Lin and Nicholas A. Whitney were announced in the...
  January 2008
  
  
• Morgan Stanley Names Richards Kibbe & Orbe Winning Law Firm for Commitment to Diversity
  New York, NY – Richards Kibbe & Orbe LLP is pleased to announce its recent selection by its client, Morgan Stanley, as one of this year's law firms winning special recognition as a firm that demonstrates an overall commitment to...
  December 2007
  
  
• The Washingtonian Recognizes Partner Michael D. Mann
  Washington D.C. – Richards Kibbe & Orbe LLP is pleased to announce that partner, Michael D. Mann was recognized by The Washingtonian as one of Washington, D.C.’s best lawyers in the area of Stocks and Trades. The Washingtonian identified 800...
  December 2007
  
  
• Conde Nast Portfolio.Com Names Lee S. Richards Top Ten White Collar Lawyer in New York
  New York, NY - Conde Nast’s Portfolio.com has Lee S. Richards profiled as one of the top ten white collar lawyers in New York. The article, in the October 2007 issue, claims that for the following reasons, if “you’re facing...
  November 2007
  
  
• Best Lawyers in America® Recognizes Partner Lee S. Richards
  New York, NY – Richards Kibbe & Orbe is pleased to announce that partner, Lee S. Richards was recognized by The Best Lawyers in America® 2007 in the specialties of Corporate Governance and Compliance Law and White-Collar Criminal Defense. Published...
  September 2007
  
  
• Richards Kibbe and Orbe Attorneys Named Super Lawyers
  New York, NY - Richards Kibbe & Orbe LLP is pleased to announce that four of its partners were recognized by Law & Politics Media, Inc., publishers of Law & Politics Magazine, as Super Lawyers in the areas of Business...
  September 2007
  
  
• 2007 Chambers USA Highlights Richards Kibbe & Orbe LLP
  The newly-published fifth annual Chambers USA: America's Leading Lawyers for Business ranks Richards Kibbe and Orbe LLP for Litigation and Lee Richards as a leading individual in Litigation - White-Collar & Government Investigations.The following excerpts from the 2007 guide show...
  July 2007
  
  
• An “insiders’ tip” is how The Legal 500 refers to Richards Kibbe & Orbe LLP’s White-Collar Criminal Defense Practice
  We are pleased to announce that Richards Kibbe & Orbe LLP has been ranked in the White-Collar Criminal Defense category in the Legal 500 US volume III: Litigation. In addition to the Firm being ranked, we want to congratulate Lee...
  June 2007
  
  
• David W.T. Daniels, Jingwei (Julia) Lu Fu, Shanah D. Glick and Andrew M. Martin Named Partners of the Firm
  RK&O is pleased to announce the election of four new partners -- David W.T. Daniels, Jingwei (Julia) Lu Fu, Shanah D. Glick and Andrew M. Martin were elected as partners as of January 1, 2007....
  February 2007
  
  
• RSKO Changes Name to RK&O
  It is our pleasure to announce that the new name of our firm is Richards Kibbe & Orbe LLP. Our domain address has changed to www.rkollp.com. Our New York, DC and London offices are at the same addresses and contact...
  August 2006
  
  
• RK&O Opens London Office
  Richards Kibbe & Orbe LLP is pleased to announce the opening of our London office at: Broadgate West, 9 Appold Street London EC2A 2AP...
  October 2005
  
  
• Carl Winkworth Becomes a Partner at RK&O
  Carl Winkworth has joined Richards Kibbe & Orbe LLP as a partner as of July 2005 and is a member of the corporate department. Mr. Winkworth regularly represents investment banks, hedge funds and other financial institutions in connection with the...
  July 2005