BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
Greenberg Traurig Distances Itself from Rudy Giuliani
[Photo: The Rudy Giuliani Sandwich at Stage Deliin NYC / Wikimedia Commons]
What’s a Biglaw firm to do when a partner goes on television and announces his integral role in constructing a “Muslim ban?” Especially when the firm was not hired to work on the thorny legal issue, airport protests against the executive order from around the country have dominated the news, and said shareholder is going viral in less than flattering terms?
Distance yourself – and that’s just what Greenberg Traurig did over the weekend.
Sure, Rudy Giuliani may be on a leave of absence from the firm but that doesn’t mean the embarrassment doesn’t linger. And Rudy remains a shareholder at the firm, so when he appeared on Fox News proudly proclaiming that he was an essential part of making Trump’s immigration executive order see the light of day, well something had to be done.
GT Executive Chair Richard Rosenbaum acted quickly. On Sunday, he sent a firm wide email disavowing the firm’s involvement in the creation of the executive order. But more than that, he told of his own family’s history of immigration and closed with a quote from Malala Yousafzai, all of which gives it a much more authentic vibe than pure lawyerese.
GT CEO Brian Duffy followed up Rosenbaum’s email with one of his own, offering legal assistance for any firm employees (or their family members) affected by the order and noting the firm’s upcoming training with the International Refugee Assistance Project.
When reached for comment, a spokesperson for the firm said:
Greenberg Traurig was not retained as to this Executive Order, and had no involvement in it. Last year, during the Presidential campaign, Mr. Giuliani, in his personal capacity as a volunteer for the campaign, along with other volunteer lawyers, made recommendations to now President Trump on this topic. He has advised that his involvement concluded at the end of the campaign.