All articles tagged with #sullivan and cromwell
Trump’s defense at Sullivan & Cromwell has been slimmed dramatically, with four of the five original partners leaving since April, leaving Robert Giuffra Jr. to lead multiple appeals—including the E. Jean Carroll defamation case, the Manhattan hush-money criminal conviction, and Letitia James’s civil fraud suit—as the firm plans to add new partners before upcoming brief deadlines.
Trump has tapped Sullivan & Cromwell to advocate in a Supreme Court appeal to overturn E. Jean Carroll’s $83.3 million defamation verdict; the move reverses the firm’s earlier reluctance to take the case, while the Justice Department argues presidential immunity and the Westfall Act shield Trump from personal liability for statements made in office, in the context of Carroll’s 1990s sexual assault allegations and Trump’s denials.
Trump's lawyers are appealing his 34-count criminal conviction, claiming presidential immunity and arguing that the case should be dismissed, with Sullivan & Cromwell seeking to personally argue the appeal in court.
Sullivan & Cromwell, a Biglaw firm, has announced raises and bonuses for its associates. The firm will be using the Cravath scale for compensation increases, with salaries ranging from $225,000 to $435,000 based on associate class. Year-end bonuses will also be provided, ranging from $15,000 to $115,000. The bonuses will be distributed on December 22.
The relationship between cryptocurrency exchange FTX and law firm Sullivan & Cromwell is drawing criticism as FTX founder Sam Bankman-Fried prepares to go on trial for fraud charges. Bankman-Fried has accused the law firm of setting him up as the fall guy for FTX's collapse while downplaying their own involvement. Sullivan & Cromwell has faced scrutiny for its handling of FTX's bankruptcy, with critics questioning its legal strategy and the pace of asset recovery. The dispute highlights the powerful institutions that supported Bankman-Fried during his rise and may play a role in his upcoming trial.
FTX founder Sam Bankman-Fried has asked the federal judge presiding over his case to throw out the majority of charges against him. In his latest filing, he has requested FTX's current leadership and Sullivan & Cromwell, the Biglaw firm advising FTX in bankruptcy, to be designated as part of the "prosecution team." He argues that FTX and S&C have offered so much cooperation that the government has "effectively deputized the company to aid the prosecution."